Mastercard’s Net Income was Up 44% in 2022 Q1

Mastercard Incorporated (NYSE: MA) announced 2022 Q1 financial results on April 28, 2022. According to the announcement, net revenue, operating income and net income were up 24%, 34% and 44%, respectively (GAAP, YoY, 3 months).

Looking by region, gross dollar volume (GDV) shows the highest growth in Latin America of up 32% (USD, YoY, 3 months). It was followed by Canada of up 20% and the United States of up 14%.

Decorative Image of "Mastercard". A man is holding a credit card on his left hand while holding a mobile phone displaying a chart on his right hand.
Photo by CardMapr on Unsplash

In addition to the opening of borders after COVID-19 pandemic, rising consumer prices under an inflationary environment seems to be contributing to the increase of Mastercard’s earnings. Accordingly, Watanabe & Brothers’ Investment expects sustainable growth of Mastercard, and we will continue to invest in the company.

Mastercard Incorporated (NYSE: MA) Stock Chart

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Mastercard.
  2. This report is provided solely for informational purpose and not intended for the purpose of soliciting investment in, or as a recommendation to purchase or sell any specific products. 
  3. Any opinions or statements expressed in this report are based on the author’s personal and subjective views, and are not the official views of the organization to which the author belongs.  In addition, although we have done our best efforts in making accurate assessments on the original financial statements, we cannot guarantee any complete accuracy of this report. We do not guarantee either that any future forecasts referred to in this report will certainly be realized. Investment in listed stocks, ETFs, etc. should be carried out under the responsibility of each investor, and even if the investor who read this report suffers a loss due to investment activities, Watanabe & Brothers’  Investment is not responsible for any liability.
  4. This report was originally prepared in English, and translated into the other languages with plugin utilizing Google Translation API. We hereby notify that the translations are provided only for the sake of reference, and any opinions or statements in this report should be interpreted in original English. We ask any investors reading this report to refer to the original financial statements issued by the company.
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