Quarterly net income of Visa 2009-2024
Visa's net income increased by almost 10 percent year-on-year in Q1 2024, although growth rates declined for the third quarter in a row. The San Francisco-based card network reported in early 2024 that the financial figures were accompanied by an overall deceleration of payment volume growth in the United States. It blamed weather conditions as the culprit for those results. That said, the company was relatively positive due to growth in cross-border volume and stable performances elsewhere.