INSUBCONTINENT EXCLUSIVE:
Inter & Co delivers a record-breaking Q1 2025, boosting profit and client growth, but faces hurdles to meet its ambitious 2027 targets
The company, a leading Brazilian digital bank, shared these results in its quarterly earnings report on May 12, 2025.Despite macroeconomic
bank achieved a net income of R$287 million ($47.8 million), up 56.8% from Q1 2024
Total gross revenue hit R$3.16 billion ($526.7 million), a 38% year-over-year increase, driven by strong credit and transaction growth.The
return on equity (ROE) reached 12.9%, climbing 3.7 points annually, reflecting improved profitability
37.7 million, with active clients up 23.9% to 21.6 million, showcasing robust market penetration
(Photo Internet reproduction)The net interest margin improved to 8.8%, supported by optimized credit origination
Non-performing loans dropped to 4.1%, down 0.7 points, indicating tighter risk management.Inter & Co Eyes 60-30-30 Goal with Digital
emphasized disciplined growth, but rising expenses signal potential risks
Transaction volume soared 44% to R$364 billion ($60.7 billion), with PIX market share at 8.3%.Assets under custody jumped 50% to R$122
The stock trades at a 15x price-to-earnings ratio, reflecting market confidence.Still, achieving the 30% ROE target requires scaling
high-yield products and optimizing capital allocation
cost discipline and sustained growth
