Inter&Co Inc. reported its financial results for the fourth quarter and full year 2024 on February 6, 2025, achieving its highest-ever net income of R$973 million for the full year. This figure surpasses the company's combined historical profitability, highlighting a significant milestone in its growth trajectory. The Return on Equity (ROE) for 2024 reached 11.7%.
The company's client base expanded to over 36 million customers, with a record 4.2 million active clients added to the platform during 2024. This increased engagement is attributed to the super app's integrated ecosystem, which fosters cross-selling across its seven verticals, contributing to the remarkable results achieved.
Management emphasized a strong balance sheet, one of the lowest costs of funding in the industry, and a diversified credit portfolio. Asset quality metrics continued to improve despite a challenging macroeconomic environment, positioning the platform for continued success.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.