Quarterly ResultAug 5, 2026, 04:19 PM

Inter & Co 2Q26 Net Income R$421M; ROE 16.3%; Revenue +31.7%

AI Summary

Inter & Co reported its strongest quarter ever in 2Q26, achieving a record net income of R$421 million and a Return on Equity (ROE) of 16.3%. The company's net revenue grew by 31.7% year-over-year, driven by a 29% increase in its diversified loan portfolio. Key milestones included surpassing R$100 billion in total assets, achieving double-digit Net Interest Margin (NIM), and reaching capital neutrality. While the NPL ratio saw an increase, primarily due to the growth in Private Payroll and Credit Card segments, management expressed confidence in its risk management and continued profitable growth strategy.

Key Highlights

Reported record net income of R$421 million in 2Q26, a 34% increase from 2Q25.
Achieved a Return on Equity (ROE) of 16.3% in 2Q26, up 240 basis points year-over-year.
Net revenue grew by 31.7% year-over-year, driven by robust credit growth.
Total assets surpassed R$100 billion for the first time, and NIM 2.0 exceeded 10%.
Loan portfolio expanded by 29% year-over-year, three times the Brazilian market pace.
Total clients reached 45.3 million, with 26.4 million active clients in 2Q26.
Efficiency ratio improved to 42.1% in 2Q26, demonstrating strong cost discipline.
Non-Performing Loan (NPL) ratio increased to 5.3% due to Private Payroll and Credit Card portfolio mix.

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INTR

Commercial Banks

Inter & Co, Inc.

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