Mastercard first-quarter profit rises as consumer spending holds up
ReutersMay 1, 2025 12:02 PM
May 1 (Reuters) - Mastercard MA.N 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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