- Rev $8.1b +12% FXN +13% ↗️
- EBIT $5b +21% ↗️ margin 62% +483 bps
- Net Inc $4.2b +22% ↗️ margin 51% +428 bps
- OCF $5.8b +10% ↗️ margin 71% -83 bps ↘️🔴
- FCF $5.5b +10% ↗️ margin 68% -123 bps ↘️🔴
- Payments Vol $3.2T +9% ↗️
- Credit $1.6T +9% ↗️
- Debit $1.6T +8% ➡️
- US $1.6T
- International $1.6T
- CBV Ex-Europe +22% ↗️
- CBV Total +17% ↗️
- Txn Total 70bn +10% ↗️
- Txn Payments 66bn +11% ↗️
- Txn Processed 54bn +10% ↗️
Total Cards 📶
- Total Visa 4.20b +7% ↗️
- Credit 1.26b +4% ↗️
- Debit 2.94b +8% ↗️
Net Revenue Breakdown
- Total $8.1b +12% ↗️
- Service Rev $3.7b +15% ↗️
- Data Processing Rev $4.1b +15% ↗️
- Int Txn Rev $2.9bn +14% ↗️
- Client Incentives (contra) $3.2b +23% ↗️
By Geography
US +6% ↗️ (moderating inflation)
Ex-US +12% ↗️
APAC ex-China +12% ↗️
Europe +10% ↗️
Europe ex-UK +23% ↗️
CEMEA +28% ↗️
LATAM +20% ↗️
- Initiatives margin of Gross Revenue 4Q23 27.5-28.5%, FY23 26.5-27.5%
- 4Q23 Net Revenue growth ~ +10%
- FY23 Net Revenue growth low double digits
- FY23 EPS growth mid-teens
$VISA(V)$ $万事达(MA)$ #信用卡# #美股#
