Quarterly ResultMay 5, 2026, 04:33 PM
AGI Inc Q1 Net Income R$186.5M, EPS R$1.39; Assets R$50.19B
AI Summary
AGI Inc reported its unaudited interim condensed consolidated financial statements for Q1 2026, with net income decreasing to R$186.5 million from R$356.5 million in Q1 2025. Basic EPS also fell to R$1.39 from R$2.78. The company completed its Initial Public Offering in February 2026, raising R$1,239.6 million in net proceeds, and launched Agibank Asset Management Ltd. in March 2026. Total assets grew to R$50.19 billion, and total equity increased to R$4.65 billion.
Key Highlights
- Net income for Q1 2026 was R$186.5 million, down from R$356.5 million in Q1 2025.
- Basic and diluted EPS for Q1 2026 was R$1.39, compared to R$2.78 in Q1 2025.
- Net interest income for Q1 2026 was R$1,082.8 million, a decrease from R$1,115.0 million in Q1 2025.
- Total assets increased to R$50.19 billion as of March 31, 2026, from R$47.74 billion at Dec 31, 2025.
- Total equity rose to R$4.65 billion as of March 31, 2026, from R$3.17 billion at Dec 31, 2025.
- Completed Initial Public Offering in February 2026, raising R$1,239.6 million in net proceeds.
- Launched Agibank Asset Management Ltd. in March 2026, expanding into wholesale banking.
- Expected credit losses increased to R$499.0 million in Q1 2026 from R$361.5 million in Q1 2025.