Sunday, December 11, 2022

Visa Inc

 



VISA Inc









Visa Inc Price Prediction

 Traded as NYSE: V (Class A) · DJIA component · S&P 100 component · S&P 500 component

Revenue $24.1 Billions FY 2021

Market Capitalization

$391.2 Billions   (Oct 2022)


Forth Quarter Results (Q4) 2022


Net Revenues $7.8 Billons (19%) Up

GAAP Net Income $3.9 Billions (10%) Up

GAAP Earnings Per Share $1.86 (13%) Up

Non-GAAP Net Income $4.1 (16%) Up

Non-GAAP Earnings Per Share $1.93 (19%) Up


Key Business Drivers

Payments Volume 10% Up

Cross-Border Volume Excluding Intra-Europe 49% Up

Cross-Border Volume Total 36% Up

Processed Transactions 12% Up



About Visa Inc


An American multinational financial services corporation headquartered in San Francisco, California. Visa is one of the world's most valuable companies. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa was founded in 1958 by Bank of America as the credit card program. Visa is a financial services company that facilitates electronic payment systems throughout the world. It operates the retail electronic payments network through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. It also provides electronic payment, risk management, and payment security solutions to online merchants, digital goods transactions services in online games, digital media, and social networks, as well as mobile financial services for mobile network operators and financial institutions in developing economies.


A study shows that Visa's global network (VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion.  Visa's network includes about 16,600 financial institutions and 44 million merchant locations.

Founder: Dee Hock

CEO: Alfred F. Kelly

Number of employees 21,500 (2021)


https://visa.com/


How does Visa Inc make money?

By selling services as a middleman between financial institutions and merchants. VISA do not profit from the interest charged on Visa Card payments, that goes to the host, issuing cards. Visa is one of the more dominant brands globally.


Who are Visa Clients?

Visas' primary customers are merchant acquirers and issuers. Visa offers companies a range of Visa branded payment products and cards to issuers, which they use to provide credit, prepaid, and debit services to the consumer market.


Top Share Holders of Visa

Alfred F. Kelly Rajat Taneja, , Vasant M. Prabhu, Vanguard Group Inc., BlackRock Inc., and T. Rowe Price Associates Inc.(2021)


How many countries is Visa available?

In almost 200 countries & territories worldwide, where Visa connects Business Houses, Banks, Governments, etc.


What banks use Visa?

Citi, PenFed, Comenity, Bank of America, Barclays, Capital One, Synchrony, Chase, 


Is Visa a bank or credit card company?

Visa is not a bank, a credit card issuer or a lender. However, Visa does not issue credit cards; it is solely a payment network. Visa serves as the communication line that allows payment transactions to be processed.


Why is Visa a good stock to buy?

Since 1958, Visa Inc is growing well above industry average rate since during last 6 decades. Experts forecasting Sales growth at 20.6% and Earning growth at 25.4% year over year.


Is Visa a Good investment 2022?

Visa's forecast annual earnings growth rate of 18.88% is well above 15.86% (US Credit Services Industry's Average forecast earnings growth rate) and it is also forecast Visa's earnings in 2022 is $14,601,000,000.


What is the forecast for Visa stock?

Based on 2021 business, and COVID relief, Wall Street experts sets a forecasted target of $282 over a period of 12 months. 



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