International Transaction Revenues were Up 50% in Visa’s 2022 Q1 Financial Results

Visa (NYSE: V) announced 2022 Q1 financial results on January 27th, 2022. According to the announcement, net revenues, operating income, and net income were up 24%, 24%, and 27%, respectively (GAAP, YoY, 3 months). In addition, EPS was up 29% (GAAP, YoY, 3 months). 

Visa’s revenues growth was primarily driven by international transaction revenues. According to the announcement, the international transaction revenues were up 50% (YoY, 3 months). In this regard, cross-border volume excluding intra-Europe was up 51% over prior year’s results. It suggests that opening of borders in lots of countries has led to the increase in Visa’s revenues.

In addition, Visa repurchased 4.1 billion USD of class A common Stocks during the three months ending on December 31st, 2021. Visa’s board of directors has also authorized a new $12.0 billion class A common stock share repurchase program. As of December 31, 2021, remaining authorized funds for share repurchase were 12.6 billion USD, accounting for approximately 3% of Visa’s market capitalization value as of February 4, 2022.

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Visa.
  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.
%d bloggers like this: