Visa Inc. Reports Fiscal Fourth Quarter and Full-Year 2020 Results San Francisco, CA, October 28, 2020 – Visa Inc. (NYSE: V) Fiscal Fourth Quarter Results:  GAAP net income of $2.1B or $0.97 per share and non-GAAP net income of $2.5B or $1.12 per share  Net revenues of $5.1B, a decrease of 17% or approximately 11% with service revenues recognized on current quarter payments volume Fiscal Full-Year Results:  GAAP net income of $10.9B or $4.89 per share and non-GAAP net income of $11.2B or $5.04 per share  Net revenues of $21.8B, a decrease of 5% Other Highlights:  Payments volume, cross-border volume and processed transactions growth all improved through the quarter and were at varying stages of recovery. Full-year business drivers were all impacted by COVID-19 starting in March, with an improving trend exiting September.  Returned $2.3B and $10.8B of capital to shareholders for Q4 and full-year, respectively, in the form of share repurchases and dividends  The board of directors increased Visa’s quarterly cash dividend to $0.32 per share Q4 and Full-Year 2020 Results (Ended September 30, 2020) Q4 2020 Full-Year 2020 Alfred F. Kelly, Jr., Chairman In billions, except percentages and per share data. % change is and Chief Executive Officer, calculated over the comparable prior-year period. USD % Change USD % Change Visa Inc., commented on the Net Revenues $5.1 (17%) $21.8 (5%) results: GAAP Net Income $2.1 (29%) $10.9 (10%) “While our business drivers and financial results were impacted by GAAP Earnings Per Share $0.97 (28%) $4.89 (8%) COVID-19 in 2020, we’ve made significant progress in advancing Non-GAAP Net Income(1) $2.5 (25%) $11.2 (9%) our growth strategy. Visa drove the adoption of eCommerce and (1) Non-GAAP Earnings Per Share $1.12 (23%) $5.04 (7%) tap to pay to accelerate cash (1) Non-GAAP results exclude special items, equity investment gains and losses, amortization of digitization, successfully unlocked acquired intangible assets and non-recurring acquisition-related costs. new flows by expanding Visa Direct and B2B partnerships, and Q4 and Full-Year 2020 Key Business Drivers facilitated client innovation (YoY increase / (decrease), volume in constant dollars) through our value added services. Q4 2020 Full-Year 2020 As the world turns increasingly to digital payments, we see tremendous opportunity for Payments Volume 4% 2% growth. We’ll remain thoughtful in (1) Cross-Border Volume Excluding Intra Europe (41%) (22%) our investments as we advance our strategy to enable the Cross-Border Volume Total (29%) (16%) movement of money for everyone, everywhere.” Processed Transactions 3% 2% (1) Cross-border volume excluding transactions within Europe.

The following information was filed by Visa Inc. (V) on Wednesday, October 28, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Visa Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Visa Inc..


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator

Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019) Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not


Financial Stability Report

Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019) Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity


Get a Better Picture of a Company's Performance

Financial Ratios
Available Financial Ratios Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years


See when company executives buy or sell their own stock

Insider Trading (Form 4)
Screenshot taken from Euronet (EEFT) Member Feature

Use our calculated cost dollar values to discover when and how much registered owners BUY, SELL or excercise their company stock OPTIONS aggregated from Form 4 Insider Transactions SEC Filings


Log in with your credentials


Forgot your details?

Create Account