Quarterly ResultMay 7, 2026, 06:37 AM
Inter&Co Q1 Net Income R$394.8M (+37.8%); Revenue R$2.4B (+32.8%)
AI Summary
Inter & Co, Inc. reported strong financial results for the first quarter ended March 31, 2026, with net income attributable to controlling shareholders increasing 37.8% year-over-year to R$394.8 million and revenues growing 32.8% to R$2.4 billion. The company also saw its customer base expand to over 44.0 million, alongside growth in its loan portfolio and total funding. Additionally, Inter & Co made strategic acquisitions, increasing its stakes in Acerto Cobrança e Informações Cadastrais S.A. and Inter Asset Gestão de Recursos Ltda.
Key Highlights
- Net income attributable to controlling shareholders increased 37.8% year-over-year to R$394.8 million as of March 31, 2026.
- Revenues grew 32.8% year-over-year to R$2.4 billion as of March 31, 2026.
- Total customers surpassed 44.0 million, with an activation rate of 58.6%, up 1.4 percentage points year-over-year.
- Loan portfolio balance reached R$49.8 billion, a 3.3% increase compared to December 31, 2025.
- Total funding amounted to R$69.1 billion, up 0.2% from December 31, 2025.
- Administrative and personnel expenses totaled R$902.7 million, an 18.3% increase year-over-year.
- Total assets reached R$99.1 billion, a 0.5% increase compared to December 31, 2025.
- Acquired an additional 20% stake in Acerto Cobrança e Informações Cadastrais S.A. for R$18,350, increasing ownership to 80%.
- Acquired an additional 29.05% stake in Inter Asset Gestão de Recursos Ltda. for R$35,180, increasing ownership to 99.91%.