Mastercard first-quarter profit rises as consumer spending holds up-February 2024-www.financetom.com

Mastercard first-quarter profit rises as consumer spending holds up

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Mastercard first-quarter profit rises as consumer spending holds up

May 25, 2025 11:15 PM

May 1 (Reuters) - Mastercard ( MA ) reported a jump in

first-quarter profit on Thursday on the back of resilient

spending in its card network, despite economic uncertainty

sparked by a global trade war.

Profit rose to $3.3 billion, or $3.59 per share, in the

three months ended March 31, from $3 billion, or $3.22 per

share, a year earlier.

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