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Visa Reports Strong Earnings, Faces scrutiny Over Trump’s Interest Rate Proposal
(updated January 30, 2026)
SAN FRANCISCO (dpa-AFX) – Payment technology company Visa reported strong financial results for its first fiscal quarter,driven by robust consumer spending. Both revenue and earnings exceeded analyst expectations. However, the news was initially met with a decline in the company’s stock price, possibly due to investors anticipating even stronger performance, similar to that of Visa’s competitor Mastercard.
Stock Performance
Visa’s stock price fell by 2% in early New york trading on Friday, January 30, 2026, following a 1.5% increase the previous day ahead of the earnings release. In contrast, Mastercard’s stock rose approximately 4% on Thursday.
First Quarter Financial Results
For the fiscal quarter ending December 31, 2025, Visa’s net revenue increased by 15% year-over-year to $10.9 billion (approximately €9.1 billion). net income rose by 14% to $5.9 billion. These figures demonstrate continued growth in payment volume and transaction processing.
Trump’s Proposed Interest Rate Cap
The American credit card industry is currently facing scrutiny from former U.S.President Donald Trump, who in January 2024, proposed a 10% annual interest rate cap on credit cards for one year.