MasterCard Incorporated reports fourth-quarter and 2012 financial results

Healthy growth

MasterCard has announced financial results for the fourth quarter of 2012. The company reported net income of USD605 million, up 18%, and earnings per diluted share of USD4.86, up 21%, in each case versus the year-ago period. Worldwide purchase volume during the quarter was up 13% on a local currency basis versus the fourth quarter of 2011, to USD727 billion.

As of December 31, 2012, the company’s customers had issued 1.9 billion MasterCard and Maestro-branded cards. Net revenue for the fourth quarter of 2012 was USD1.9 billion, a 10% increase versus the same period in 2011. Adjusted for currency, net revenue increased 12%. 

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