In its latest 13F filing, Thrivent Financial for Lutherans disclosed a 6.2% increase in its Visa position during the third quarter, adding 89,593 shares to bring its total holding to 1,543,383 shares. This stake now represents approximately 1.0% of Thrivent’s overall portfolio, making Visa its 12th largest holding. The additional investment is valued at roughly 526.9 million based on quarter-end valuations and underscores Thrivent’s continued confidence in Visa’s long-term growth prospects within the payments industry.

UMB Bank n.a. trimmed its Visa allocation by 10.8% in the third quarter, selling 19,106 shares to end the period with 158,458 shares outstanding. Post-sale, Visa accounts for just 0.8% of the bank’s total investment assets, ranking it as the firm’s 29th largest position. The divestiture generated proceeds of approximately 54.1 million, as UMB Bank recalibrates its asset mix amid evolving interest-rate dynamics and seeks to reinvest in sectors offering more immediate yield opportunities.

Visa reported first-quarter EPS of 3.17 versus consensus of 3.14, and revenue of 10.90 billion compared with estimates near 10.69 billion, driven by strong cross-border volumes and holiday spending. Return on equity reached 62.1% with a net margin of 50.2%, highlighting resilience in transaction profitability. On the strategic front, management outlined expansion into stablecoin settlement and digital-dollar networks to capture new fee pools, while reinforcing agentic commerce growth. A quarterly dividend of 0.67 per share was declared, reflecting a 0.8% yield and maintaining Visa’s disciplined shareholder return policy.