Vantiv Inc (NYSE:VNTV) Dares To Bear Q1 2014 Results


Dallas, Texas 05/02/2014 (FINANCIALSTRENDS) – The ‘traditional merchant and financial institution businesses’ is the way President and Chief Executive Officer of this company, Charles Drucker, choose to describe their business: Vantiv Inc (NYSE:VNTV), during  the discussions on the company’s first quarter results of 2014.

The company with relatively good performance over the past three months has had a busy day, post announcement of promising and positive financial reports for the first quarter fiscal.

Core platform

Vantiv Inc (NYSE:VNTV) management stressed their current positive situation was created due to a series of core developments, the company had undertaken over the course of time. The first of these was a ‘core platform’ which allows the company to integrate and scale features to further integrate the processing platform.

The integrated approach, according to Drucker, has allowed the company to include new services as well as products, besides services to ensure superior margin maintenance. As well

Traditional and new payment processes

The company is proud of its ability to have forged long-term relationships with clients allowing VantivInc to continue to mentor such clients and offer dedicated services.

Additionally, the company has been looking at a more diverse distribution channel bringing better advantages of meeting small as well as mid-size client strategic needs.

Meanwhile, the company has been able to maintain and continue to serve the earlier, traditional client segment as well.

Growth in market share

Drucker announced that over the past four years, the company has been growing the market share by over 3%, maintaining it below 16%.  Additionally, it also maintained that it was in line with adjusted EBITDA 50% margins over the past year.

The positive news for the company has been its forward movement to adopt latest forms of payment which will now allow VantivInc to penetrate and move into payment businesses as well as ecommerce, merchant banks besides integrated payments opportunities.

The company reported revenue increase of 8% valued at $537.6 million due on 6% increase in transactions for first quarter.