BELO HORIZONTE, Brazil, May 09, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ:INTR, B3: INBR32))), the premier financial super app that provides financial and digital commerce services to over 31 million customers, today reported financial results for the first quarter of 2024. Highlights: Record net income of R$195 million. A 37% YoY increase in net revenue.Transactional Volume (TPV) increased to R$257 billion.A 5th consecutive quarter of increased account activations, reaching 54.9%. Inter&Co reported s ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR As filed with the Securities and Exchange Commission on April 30, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ...

akinbostanci/iStock via Getty Images Investment Thesis I recommend buying Inter & Co (NASDAQ:NASDAQ:INTR) shares. Inter & Co was one of the first digital banks to carry out an IPO in the West and simply quadrupled the number of customers between 2018 and 2020, reaching more than 8 million. At that time, Inter & Co had a P/B multiple of 6x, and the strategy of all fintechs in the world was to grow without worrying about profitability. However, Brazil and the world went through a major cycle of rising int ...

Inter & Co, Inc. (NASDAQ:INTR) Q4 2023 Results Conference Call February 8, 2024 11:00 AM ET Company Participants João Vitor Menin - Chief Executive Officer Santiago Stel - Senior Vice President of Finance and Risks Alexandre Riccio - Senior Vice President of Retail Banking Conference Call Participants Thiago Batista - UBS Tito Labarta - Goldman Sachs Mario Pierry - Bank of America Yuri Fernandes - JPMorgan Neha Agarwala - HSBC Brian Flores - Citi Operator Good afternoon, and thank you for standing by. Welco ...

G Consolidated Financial Statements As of December 31, 2023 and 2022 winter&co Consolidated Financial Statements For the year ended December 31, 2023 Contents | Management report | | 2 | | --- | --- | --- | | | Report of the independent auditors on the consolidated financial statements | 4 | | Consolidated balance sheets | | 9 | | Consolidated income statements | | 10 | | | Consolidated statements of comprehensive income | 11 | | Consolidated statements of cash flows | | 12 | | | Consolidated statements of ...

Inter & Co, Inc. (NASDAQ:INTR) Q3 2023 Earnings Conference Call November 6, 2023 11:00 AM ET Company Participants João Vitor Menin - CEO Alexandre Riccio - SVP, Retail Banking Santiago Stel - SVP, Finance and Risks Conference Call Participants Flavio Yoshida - Bank of America Rafael Frade - Citi Neha Agarwala - HSBC Yuri Fernandes - JPMorgan Eduardo Rosman - BTG Pedro Leduc - Itau BBA Thiago Batista - UBS Operator Good afternoon, and thank you for standing by. Welcome to the Inter & Co's Third Quarter Earni ...

+1.5 mm QoQ Launching Releasing Operational & Innovative EARNINGS PRESENTATION | 2Q23 / Engagement BANKING & SPENDING CREDIT SHOP INSURANCE INVEST GLOBAL LOYALTY CEO Overview Banking Transactional Platform Financial Performance Closing Remarks Appendix 7 Business Model Cards + PIX TPV1 In R$ Billion 60 .0 62% 62% 61% 58% 55% 54% 54% 55% 54% 53% 38% 38% 39% 42% 45% 46% 46% 45% 46% 47% 8 9 12 14 14 16 17 19 18 20 37 58 80 94 97 118 138 158 163 177 44 67 92 109 111 134 155 178 181 197 0. 0 10. 0 20 .0 30 .0 40 ...

Inter & Co, Inc. (NASDAQ:INTR) Q2 2023 Results Conference Call August 14, 2023 2:00 PM ET Company Participants João Vitor Menin - CEO Alexandre Riccio - SVP, Retail Banking Santiago Stel - SVP, Finance and Risks Conference Call Participants Thiago Batista - UBS Yuri Fernandes - JPMorgan Eduardo Rosman - BTG Rafael Frade - Citi Pedro Leduc - Itaú BBA Neha Agarwala - HSBC Tito Labarta - Goldman Sachs Operator Good afternoon, and thank you for standing by. Welcome to the Inter & Co Second Quarter Earnings Conf ...

Exhibit 99.1 inter&co Unaudited interim condensed consolidated financial statements For the three and six-month periods ended June 30, 2023 inter&co Unaudited interim condensed consolidated financial statements As of for the -months period ended | Management report | | 2 | | --- | --- | --- | | | Report of the independent auditors on the condensed consolidated interim financial statements | # | | | Consolidated balance sheets | 6 | | | Consolidated statements of income | 7 | | | Consolidated statements of c ...

In 2008, we received from the Central Bank of Brazil authorization to operate as a Multiple Bank, which allowed us to perform all banking activities in Brazil. Thus, we began to operate as a full-service bank, offering financing, investments, and real estate lending, under the name Banco Intermedium S.A. ("Banco Intermedium"). In 2012, we launched our insurance brokerage activities, offering a broad set of insurance products to our customers. In 2013, we also created our investment brokerage Inter DTVM, reg ...