Kartik Mehta
Executive Managing Director, Director of research
Kartik joined Northcoast Research in May 2009 as a Principal, Executive Managing Director, Director of Research and Research Analyst covering Bank Processing, Commercial Services, Merchant Acquiring, Money Transfer, Payroll Processing, Point-of-Sale, Postal Industry, Staffing, and Tax Preparation sectors. Prior to joining Northcoast Research, Kartik was a Managing Director and Research Analyst at FTN Midwest Securities from 1998-2009. Prior to becoming a sell-side analyst, Kartik worked for the State of Ohio as a savings and loan and bank examiner for ten years from 1988-1998. During his tenure with the State of Ohio, Kartik developed a significant number of banking contacts and a specialized knowledge base that has provided him invaluable insight into his covered companies for the past 26 years.
Kartik and his team have cultivated an extensive network of proprietary industry contacts, including current and former high-level members of senior management at a number of covered and uncovered companies, private payroll processing company executives, international merchant acquiring executives, bank processing consultants, private mobile and internet banking providers, point-of-sale VARS, postage meter dealers, public company tax preparation franchisees, intendent tax preparers, and private money transfer executives. In addition to providing proprietary equity research and custom research data to institutional investors, Kartik has partnered with a number of industry trade groups to conduct proprietary research and present key conclusions to members. Kartik also presents to private and public companies regarding the current competitive environment and industry outlook for their respective industries.
Kartik earned a Bachelor of Science in Accounting degree from the University of Akron and a Master in Business Administration degree from Kent State University.
INDUSTRIES & NMR PUBLICATIONS
BANK PROCESSING
Companies Covered
Fidelity National Information Services, Inc. – FIS
Fiserv, Inc. – FI
Jack Henry & Associates, Inc. – JKHY
POINT-OF-SALE
Companies Covered
NCR Voyix – VYK
COMMERCIAL SERVICES
Companies Covered
Cintas – CTAS
Deluxe Corporation – DLX
Unifirst – UNF
Viad Corp. – VVI
postal industry
Companies Covered
Pitney Bowes Inc. – PBI
MERCHANT ACQUIRING
Companies Covered
Global Payments, Inc. – GPN
Toast, Inc. – TOST
Staffing
Companies Covered
Kelly Services, Inc. – KELYA
Kforce, Inc. – KFRC
Manpower, Inc. – MAN
Robert Half International, Inc. RHI
TrueBlue, Inc. – TBI
MONEY TRANSFER
Companies Covered
Western Union Company – WU
TAX PREPARATION
Companies Covered
H&R Block, Inc. – HRB
Intuit, Inc. – INTU
Payroll processing
Companies Covered
Automatic Data Processing, Inc. – ADP
Paychex, Inc. – PAYX