3Q 2025 Investor Presentation NASDAQ:PAYO | November 5, 2025 Disclaimers This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. You should not construe the contents of this presentation as legal, tax, accounting or investment advice or a recommendation. Forward-Looking Statements Certain statements in this presentation may be considered "forward- looking statements" within the meaning of the "safe harbor" provisions of the Uni ...

核心财务业绩 - 第三季度调整后每股收益为326美元，同比增长12%，超出市场预期323美元 [1] - 调整后净收入为24亿美元，同比增长3%，超出市场预期09% [1] - 调整后营业利润为11亿美元，同比增长55% [2] - 调整后营业利润率达到45%，同比提升110个基点 [2] 业务分部表现 - 商户解决方案部门调整后收入为19亿美元，同比增长22%，超出市场预期07% [3] - 该部门调整后营业利润为9623亿美元，同比增长44%，超出市场预期9568亿美元 [3] - 发卡行解决方案部门调整后收入为5618亿美元，同比增长62%，超出市场预期18% [4] - 该部门调整后营业利润为2635亿美元，同比增长96%，超出市场预期2576亿美元 [4] 成本控制与费用管理 - 总营业费用为12亿美元，同比下降209% [2] - 销售、一般和行政费用降低是总营业费用下降的主要原因 [2] - 利息及其他费用为1438亿美元，同比下降34% [2] 财务状况与现金流 - 截至第三季度末，现金及现金等价物为26亿美元，较2024年底的24亿美元有所增加 [5] - 总资产为480亿美元，较2024年底的469亿美元有所上升 [5] - 长期债务为133亿美元，较2024年底的151亿美元减少 [5] - 2025年前九个月经营活动产生的现金流为21亿美元，低于去年同期的12亿美元 [6] 资本配置与股东回报 - 2025年前九个月公司回购了价值12亿美元的股票 [7] - 公司宣布季度股息为每股025美元，将于2025年12月26日支付给截至12月12日登记在册的股东 [7] 2025年业绩展望 - 公司重申2025年按固定汇率计算的调整后净收入增长率预期为5%至6% [9] - 调整后每股收益增长率预期仍为10%至11% [9] - 预计将近90%的调整后净收入转化为调整后自由现金流 [9] - 年度调整后营业利润率预计提升超过50个基点 [9]

本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 【11月4日，Visa亚太区数字货币负责人称将稳定币功能融入支付网络】当日，Visa亚太区数字货币负 责人Nischint Sanghavi在Finternet2025亚洲数字金融峰会上透露，Visa正把稳定币功能融入现有支付网 络，聚焦跨境支付场景。据悉，Visa正推动消费者在境内购买稳定币，还探索将其用于跨境支付、电商 结算等场景，以提升支付效率与包容性。 ...

作为企业全球化的"支付底座"，PingPong以跨境支付服务为依托，持续链接全球贸易中的广泛生态，赋 能企业加速实现全球增长。据悉，跨境电商新用户在使用PingPong一年后TPV平均增长5倍。 今年以来，业内共识是：转向跨境业务，已非"选择题"，而是"生存题"。 我国海关总署数据显示，2024年我国进出口总额达43万亿元，其中跨境电商进出口规模2.63万亿元，同 比增长10.8%，出海企业数量和支付需求同步增长。 一方面，国内支付市场竞争白热化，商户获取成本居高不下，交易费率被长期压低，第三方支付机构面 临手续费下降、竞争强化、利润空间收窄局面。"过去几年收单业务的费率降到成本线以下，不少机构 实际上是在亏损做规模。"博通咨询首席分析师王蓬博表示，"国内新增市场有限，而跨境支付利润率普 遍比国内收单高出不少。 目前，PingPong（https：//www.pingpongx.com/zh/sales/flowmore）与Visa、MasterCard、JCB等6大卡组 均已建立了直连合作，可充分实现全球智能路由的通道选择，以保证交易稳定性和成功率；也进一步简 化了支付交易链，实现无跳转支付，给消费者带来更 ...

PayPal ( PYPL ) has been stuck around $70 for many months since I downgraded the stock from Buy to Hold after the 2Q FY2025 results, citing no near-termI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I'm a senior analyst at a multi-strategy hedge fund with 7 years of experience. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. My articles primarily focus on company fundamentals ...

Investment Disclaimer: This is not investment advice. PLEASE DO YOUR OWN RESEARCH !!!!AI Disclaimer: This post has been written entirely “by hand”. I do use LLMs as a research assistant but not for generating any parts of this post.Introduction:Wise Plc has been on my to do list for some time. A long time ago, part of my professional duty was to monitor and execute (large) international payments and I was always perplexed how slow and cumbersome the process was even for large Financial Institutions. Back th ...

公司业绩表现 - 第三季度收入增长7%至84.2亿美元，调整后每股收益增长12%至1.34美元，超出分析师预期的1.20美元每股收益和82.4亿美元收入[5] - 交易利润额（处理每笔支付所获利润）增长6%至38.7亿美元，是公司最受关注的关键指标之一[6] - 总支付额增长8%至4581亿美元，其中PayPal品牌结账支付额以固定汇率计算增长8%，Venmo增长14%，无品牌Braintree支付额增长6%[6] - 支付交易量下降5%至63亿笔，每活跃账户支付交易量在过去12个月基础上下降6%至57.6笔，主要由于低利润率的Braintree交易流失[7] - 活跃账户同比增长1%至4.38亿，月活跃账户增长2%至2.27亿[7] 财务展望 - 公司预计第四季度调整后每股收益在1.27美元至1.31美元之间，交易利润额预计增长2%至5%，达到40.2亿美元至41.2亿美元[8] - 公司上调全年调整后每股收益预期至5.35美元至5.39美元，此前预期为5.15美元至5.30美元，新预期代表15%至16%的增长[9] - 全年交易利润额预计增长5%至6%，达到154.5亿美元至155.5亿美元，高于此前预期的153.5亿美元至155亿美元[9] 人工智能合作伙伴关系 - PayPal与OpenAI建立合作伙伴关系，将采用OpenAI的Agentic Commerce协议，使ChatGPT用户可通过PayPal在聊天机器人上即时结账[4] - PayPal将成为首个嵌入ChatGPT的支付钱包，同时PayPal商户可在ChatGPT上销售商品，现有PayPal钱包用户可直接从ChatGPT购买物品[5] - 作为合作一部分，PayPal将为使用OpenAI即时结账功能的商户处理支付，并扩大使用OpenAI的API以助力产品开发[4] - 此次合作紧随PayPal与Alphabet早前宣布的合作伙伴关系，双方将共同致力于"代理商务"，包括利用人工智能购物助手帮助消费者购物和发现新产品[1] 市场表现与估值 - 受强劲季度业绩和OpenAI合作消息推动，PayPal股价上涨2.00%至69.29美元，但年内累计仍下跌约14%[1][3] - 公司市值为650亿美元，股票交易价格约为2026年分析师预期收益的13倍远期市盈率，市盈增长比率约为1.1[11]

It’s only been a few years since card payments overtook using cash. This year, cash ranked as the third-most-used payment method, behind credit and debit cards, according to the Federal Reserve Financial Service’s 2025 Diary of Consumer Payment Choice. And Gen Zers are leading the charge in ditching paper for plastic. Results from a Cash App/Harris Poll survey released Thursday shows more than half of Gen Z only uses cash as a “last resort” when paying, and almost a third said people who pay with cash are ...

As of Oct. 30, 2025, two stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Ben ...

PayPal has reported a 7% increase in GAAP and non-GAAP net revenues to $8.4bn in the third quarter (Q3) of the financial year 2025 (FY25) ending 30 September, compared to $7.8bn in Q3 2024. Its GAAP (generally accepted accounting principles) net income rose 24% to $1.24bn, while the non-GAAP net income during the quarter grew 5% to $1.28bn in Q3 2025. The GAAP operating income grew 9% to $1.52bn, and non-GAAP operating income increased 6% to $1.56bn. PayPal saw its GAAP earnings per share (EPS) grow 32% ...