Latest news with #VisaInc
Bloomberg
2 hours ago
- Business
- Bloomberg
Visa Profit Beats Estimates on Gains in Cross-Border Spending
Visa Inc. reported a fiscal third-quarter profit that topped Wall Street estimates as the world's biggest payments network reported double-digit gains in cross-border purchases and processed transactions. Adjusted net income rose 19% to $5.8 billion, or $2.98 a share, the San Francisco-based company said Tuesday in a statement. That beat the $2.85 average estimate of analysts surveyed by Bloomberg.
Yahoo
2 days ago
- Business
- Yahoo
Visa Inc. (V) Expands Its Four-Decade-Long Partnership with ICBA Payments
Visa Inc. (NYSE:V) is one of the . A customer making a purchase with a debit card at a store. . On July 16, 2025, Visa Inc. (NYSE:V) expanded its four-decade-long partnership with ICBA Payments, the payments arm of the Independent Community Bankers of America. Under the partnership, both will work toward empowering local banks with modern payments tools like contactless cards, digital wallet tokenization, and real-time payments through Visa Direct. With this, both entities aim to enhance financial access and competitiveness for community banks across the country. ICBA Payments supports over $43 billion in card transactions and has issued 10 million cards. Bill Dobbins, senior vice president and head of U.S. enablement at Visa, stated, 'Together, we're helping community banks deliver modern, secure financial experiences that drive economic opportunity and strengthen the neighborhoods they serve.' Meanwhile, Truist Securities decreased its price target on Visa Inc. (NYSE:V) from $400 to $397, maintaining a 'Buy' rating. Despite the price target reduction and recent underperformance of the fintech sector, the firm cited optimism regarding the company's strong fundamentals and promising outlook for the fintech sector. Visa Inc. (NYSE:V) is a global payment technology company, offering credit, debit, and prepaid card products, and VisaNet, a transaction processing network. It is one of the best ESG stocks. While we acknowledge the potential of V as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. Disclosure: None.
Yahoo
3 days ago
- Business
- Yahoo
Visa (V) Fell Amid Broad Sell-Off in Card Network Stocks
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q2 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned 26.0% (net) in the second quarter compared to a 21.9% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. Easing geopolitical concerns, renewed AI optimism, resilient macroeconomic data, strong corporate earnings, and technical tailwinds boosted the markets for a quick recovery in the quarter. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its second quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as Visa Inc. (NYSE:V). Headquartered in San Francisco, California, Visa Inc. (NYSE:V) is a payment technology company. Visa Inc. (NYSE:V) shares returned 1.54% over the past month and appreciated by 36.43% over the last 12 months. On July 24, 2025, Visa Inc. (NYSE:V) stock closed at $353.97 per share, with a market capitalization of $691.48 billion. Sands Capital Technology Innovators Fund stated the following regarding Visa Inc. (NYSE:V) in its second quarter 2025 investor letter: "Visa Inc. (NYSE:V) operates the world's largest retail electronic payment network. Shares declined in June amid a broader selloff in card network stocks following stablecoin-related headlines. Unlike the market, we do not view stablecoin proliferation as a threat to card volumes; in fact, we believe it could expand the addressable market for card networks. While stablecoins may have utility in cross-border business-to business transactions, we think they are unlikely to disrupt consumer-to-merchant payments, where cards offer a compelling value proposition—rewards, liquidity, ubiquity, buyer protections, and trust. Moreover, card networks could enhance stablecoin adoption by providing the rules, protections, and services needed for broader, mainstream use." A close-up of a credit card being swiped on a payment terminal, reflecting the company's payments technology. Visa Inc. (NYSE:V) is in 6th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 165 hedge fund portfolios held Visa Inc. (NYSE:V) at the end of the first quarter, which was 181 in the previous quarter. In Q1 2025, Visa Inc. (NYSE:V) reported $9.5 billion in net revenue, up 10% year-over-year. While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Visa Inc. (NYSE:V) and shared the list of stocks Jim Cramer recently discussed. In its Q2 2025 investor letter, Aristotle Atlantic Focus Growth Strategy cited the same reason for Visa Inc.'s (NYSE:V) decline in the quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-07-2025
- Business
- Yahoo
Here's Why Visa (V) Declined in Q2
Aristotle Atlantic Partners, LLC, an investment advisor, released its 'Focus Growth Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. The U.S. equity market regained its strength in the second quarter, following initial volatility, with the S&P 500 Index rising 10.94%. The Bloomberg U.S. Aggregate Bond Index also surged 1.21% during the quarter. Aristotle Atlantic's Focus Growth strategy returned 17.70% gross of fees (17.67% net of fees) in the quarter, underperforming the Russell 1000 Growth Index's 17.84% total return. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second quarter 2025 investor letter, Aristotle Atlantic Focus Growth Strategy highlighted stocks such as Visa Inc. (NYSE:V). Headquartered in San Francisco, California, Visa Inc. (NYSE:V) is a payment technology company. The one-month return of Visa Inc. (NYSE:V) was 0.20%, and its shares gained 32.54% of their value over the last 52 weeks. On July 21, 2025, Visa Inc. (NYSE:V) closed at $350.94 per share, with a market capitalization of $685.561 billion. Aristotle Atlantic Focus Growth Strategy stated the following regarding Visa Inc. (NYSE:V) in its second quarter 2025 investor letter: "Visa Inc. (NYSE:V) detracted from relative performance in the second quarter due to growing concerns that stablecoins could pose a long-term threat to the company's payments business. While consumer adoption of stablecoins remains limited at present, pending U.S. legislation viewed as favorable to the cryptocurrency ecosystem, along with interest from large merchants exploring the issuance of proprietary stablecoins, has highlighted potential disruption risks to parts of Visa's core network." A close-up of a credit card being swiped on a payment terminal, reflecting the company's payments technology. Visa Inc. (NYSE:V) is in 6th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 165 hedge fund portfolios held Visa Inc. (NYSE:V) at the end of the first quarter, which was 181 in the previous quarter. In Q1 2025, Visa Inc. (NYSE:V) reported $9.5 billion in net revenue, up 10% year-over-year. While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Visa Inc. (NYSE:V) and shared the list of best US stocks to buy according to billionaires. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
18-07-2025
- Business
- Yahoo
Visa Renews ICBA Deal to Strengthen Its Hold on Community Banks
Visa Inc. V, a global leader in digital payments, announced the renewal of its 40-year partnership with ICBA Payments, a fully owned subsidiary of the Independent Community Bankers of America ('ICBA'). By providing secure, modern payment solutions and dedicated support, the partnership helps community banks grow, enhance customer service, and strengthen the communities they serve. As part of the renewed partnership, ICBA Payments will continue its Visa-backed card programs featuring contactless technology, digital wallet tokenization, and global network access, along with full support in marketing, communications, and operations. Looking ahead, the partnership will expand access to Visa Direct, enabling more flexible payments for consumers, businesses, and commercial clients. With a strong track record as one of the top card issuers in the United States, issuing 10 million cards, managing $913.4 million in balances, and processing over $43 billion in card sales, ICBA Payments has earned Visa's trust as a reliable partner in delivering secure, flexible payment solutions that support community banks. Apart from deepening its presence in the U.S. financial system, this partnership with ICBA Payments offers Visa steady fee income from community bank card usage and broader access to underserved markets. It strengthens long-term issuer relationships and creates cross-selling opportunities for Visa to offer services like tokenization, fraud protection, and data analytics. These offerings enhance Visa's revenue potential while solidifying its position as a preferred provider of modern payment infrastructure. Can Mastercard and AmEx Catch Up to Visa in Community Banking? Mastercard Incorporated MA had also expanded its presence in community banking through a partnership with ICBA Payments. The primary objective of Mastercard is to enhance payment experiences by equipping community banks with advanced technology, enabling them to offer more modern, secure, and convenient options to their customers. Meanwhile,American Express Company AXPpartners with regional and community banks, such as First National Bank of Omaha and US Bank, to issue American Express-branded credit cards. These collaborations enable banks to expand their offerings and offer customers premium features, valuable rewards, and enhanced financial flexibility. Visa's Price Performance, Valuation and Estimates Over the past year, Visa's shares have gained 10.7% outperforming the industry and the Zacks S&P 500 Composite. Visa YTD Price Performance Image Source: Zacks Investment Research From a valuation standpoint, V trades at a forward price-to-earnings ratio of 28.1, up from the industry average of 21.8. Visa carries a Value Score of D. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Visa's fiscal 2025 earnings implies 12.9% growth year over year, followed by a 12.5% increase next year. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
