Visa Inc. (V) Modifies Conversion Rates for its Class B-1 and B-2 Common Stock; Erste Group Downgrades the Stock from Buy to Hold

With strong profitability, Visa Inc. (NYSE:V) secures a spot on our list of the 11 Most Profitable Blue Chip Stocks to Buy Right Now.

As part of its retrospective responsibility plan, Visa Inc. (NYSE:V) modified conversion rates for its Class B-1 and B-2 common stock on September 26, 2025, after depositing $500 million into its U.S. lawsuit escrow account. According to Visa Inc. (NYSE:V), the change has the same impact on earnings per share as if it had bought back Class A stock, which is determined by taking the volume-weighted average price of the stock from September 18 to 24.

Despite Visa Inc. (NYSE:V)’s 11.38% revenue growth and 97.78% gross profit margin during the previous 12 months, Erste Group downgraded the stock from Buy to Hold on September 22 due to limited growth prospects in developed economies. The company pointed out that growing fintech competition and significant market saturation in the U.S. and Europe limit expansion. These changes demonstrate Visa Inc. (NYSE:V)’s impressive profitability while reflecting cautious optimism for the company’s immediate future growth.

Visa Inc. (NYSE:V) is a payment technology company that processes transactions through its VisaNet network, allowing financial institutions, businesses, and consumers worldwide to authorize, clear, and settle payments. It is one of Most Profitable Stocks.

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