Inter&Co reported record second-quarter results, achieving its Rule of 50 target as net income reached US$81 million, a 34% increase from the previous quarter. Total net revenue grew approximately 32% year-over-year to US$509.5 million, while return on equity hit 16.3%, combining to surpass the 50% threshold that signals both high growth and profitability. The efficiency ratio fell to a record low of 42%, with expenses rising only 19% year-over-year, well below revenue growth. Non-performing loan trends remained manageable, concentrated in private payroll loans and credit cards, in line with portfolio expansion. The company highlighted a 29% year-over-year increase in its credit portfolio and an 11% rise in loans per active client, reflecting deeper engagement across its 45 million customers.
Inter & Co. Inc. Class A Common SharesRecord net income and revenue growth, with Rule of 50 achieved, indicating strong profitability and efficiency.