11.1% increase in quarterly net profit Mastercard

quarterly net profit Mastercard 2016

MasterCard reported Friday a 11.1% increase in quarterly net profit thanks to a marked increase in volumes of processed transactions and the second largest credit and debit cards also said that this increase volumes had accelerated in early 2016.

To 5:25 p.m., MasterCard earned as 4.5% to 87.20 dollars, moving along with the action of its biggest competitor Visa (+ 4.8%) and were pleasantly surprised investors Thursday after the closing maintaining its Annual forecasts.

Net income MasterCard totaled $ 890 million (€ 823 million), or $ 0.79 per share in the fourth quarter 2015, against 801 million ($ 0.69 / share a year ago ).

Net sales increased 4% to 2.52 billion.

MasterCard said that the first three weeks of January, trading volumes in the US increased by 13%, an increase of almost four percentage points from the fourth quarter.

Outside the United States, these volumes are up 16%.

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