Inter&Co Reaches 40 Million Clients with 53% Net Income Growth and Robust Credit Expansion in 2Q25
Inter&Co (NASDAQ: INTR) reported strong Q2 2025 financial results, highlighting significant growth across key metrics. The company reached a milestone of 40 million clients, with 1.1 million new active clients added in the quarter. The financial super app demonstrated robust performance with net income increasing 53% year-over-year to $57.8 million.
The company's gross loan portfolio expanded 8% quarter-over-quarter to $7.3 billion, representing 22% year-over-year growth - double the Brazilian market pace. Notable improvements include stable NPLs at 4.6%, an enhanced efficiency ratio of 47.1%, and a Return on Equity (ROE) of 13.9%. Inter&Co's success is particularly evident in Private Payroll Loans, Mortgages, and FGTS-backed credit products.
Inter&Co (NASDAQ: INTR) ha riportato risultati finanziari solidi nel secondo trimestre del 2025, evidenziando una crescita significativa in tutti i principali indicatori. L'azienda ha raggiunto il traguardo di 40 milioni di clienti, con 1,1 milioni di nuovi clienti attivi acquisiti nel trimestre. L'app finanziaria multifunzione ha mostrato una performance robusta con un utile netto in aumento del 53% su base annua, raggiungendo 57,8 milioni di dollari.
Il portafoglio lordo prestiti dell'azienda è cresciuto dell'8% trimestre su trimestre, arrivando a 7,3 miliardi di dollari, con una crescita del 22% su base annua, doppia rispetto al ritmo del mercato brasiliano. Tra i miglioramenti degni di nota vi sono la stabilità dei crediti deteriorati al 4,6%, un miglioramento del rapporto di efficienza al 47,1% e un ritorno sul capitale (ROE) del 13,9%. Il successo di Inter&Co è particolarmente evidente nei prestiti privati per stipendi, mutui e prodotti di credito garantiti dal FGTS.
Inter&Co (NASDAQ: INTR) reportó sólidos resultados financieros en el segundo trimestre de 2025, destacando un crecimiento significativo en métricas clave. La compañía alcanzó un hito de 40 millones de clientes, con 1,1 millones de nuevos clientes activos añadidos en el trimestre. La super app financiera mostró un desempeño robusto con un ingreso neto que aumentó un 53% interanual hasta los 57,8 millones de dólares.
La cartera bruta de préstamos de la empresa creció un 8% trimestre a trimestre hasta los 7,3 mil millones de dólares, representando un crecimiento del 22% interanual, el doble de la tasa del mercado brasileño. Entre las mejoras destacadas se incluyen la estabilidad de los préstamos morosos en 4,6%, una mejor relación de eficiencia del 47,1% y un Retorno sobre el Patrimonio (ROE) del 13,9%. El éxito de Inter&Co es especialmente evidente en préstamos de nómina privada, hipotecas y productos de crédito respaldados por FGTS.
Inter&Co (NASDAQ: INTR)는 2025년 2분기 강력한 재무 실적을 발표하며 주요 지표 전반에 걸쳐 상당한 성장을 보였습니다. 회사는 4천만 명의 고객을 돌파했으며, 분기 동안 110만 명의 신규 활성 고객을 추가했습니다. 금융 슈퍼앱은 순이익이 전년 대비 53% 증가하여 5,780만 달러를 기록하는 견고한 성과를 보였습니다.
회사의 총 대출 포트폴리오는 분기 대비 8% 증가한 73억 달러로 확대되었으며, 이는 전년 대비 22% 성장한 수치로 브라질 시장 성장률의 두 배에 달합니다. 주목할 만한 개선 사항으로는 4.6%의 안정적인 부실채권 비율, 47.1%의 향상된 효율성 비율, 그리고 13.9%의 자기자본이익률(ROE)이 있습니다. Inter&Co의 성공은 특히 개인 급여 대출, 주택담보대출, FGTS 담보 신용 상품에서 두드러집니다.
Inter&Co (NASDAQ : INTR) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, mettant en avant une croissance significative sur les principaux indicateurs. L'entreprise a atteint un jalon de 40 millions de clients, avec 1,1 million de nouveaux clients actifs ajoutés au cours du trimestre. L'application financière tout-en-un a démontré une performance robuste avec un revenu net en hausse de 53 % d'une année sur l'autre, atteignant 57,8 millions de dollars.
Le portefeuille brut de prêts de la société s'est accru de 8 % trimestre après trimestre pour atteindre 7,3 milliards de dollars, représentant une croissance annuelle de 22 %, soit le double du rythme du marché brésilien. Parmi les améliorations notables figurent la stabilité des prêts non performants à 4,6 %, un ratio d'efficacité amélioré à 47,1 % et un retour sur fonds propres (ROE) de 13,9 %. Le succès d'Inter&Co est particulièrement visible dans les prêts sur salaire privés, les hypothèques et les produits de crédit garantis par le FGTS.
Inter&Co (NASDAQ: INTR) meldete starke Finanzergebnisse für das zweite Quartal 2025 und hob ein signifikantes Wachstum in wichtigen Kennzahlen hervor. Das Unternehmen erreichte einen Meilenstein von 40 Millionen Kunden, wobei im Quartal 1,1 Millionen neue aktive Kunden hinzugewonnen wurden. Die Finanz-Super-App zeigte eine robuste Leistung mit einem Nettoeinkommen, das im Jahresvergleich um 53 % auf 57,8 Millionen US-Dollar stieg.
Das Bruttokreditportfolio des Unternehmens wuchs im Quartalsvergleich um 8 % auf 7,3 Milliarden US-Dollar und verzeichnete ein Wachstum von 22 % im Jahresvergleich – das Doppelte des brasilianischen Markttempos. Bemerkenswerte Verbesserungen umfassen stabile notleidende Kredite (NPL) bei 4,6 %, ein verbessertes Effizienzverhältnis von 47,1 % und eine Eigenkapitalrendite (ROE) von 13,9 %. Der Erfolg von Inter&Co zeigt sich besonders deutlich bei privaten Gehaltskrediten, Hypotheken und FGTS-gestützten Kreditprodukten.
- Net income grew 53% year-over-year to $57.8 million
- Loan portfolio expanded 22% year-over-year, twice the market pace
- Client base reached 40 million milestone with 1.1 million new active clients
- NPLs improved by 0.5 percentage points year-over-year
- Efficiency ratio improved by 1.1 percentage points to 47.1%
- Return on Equity (ROE) reached 13.9%
- NPL ratio remains relatively high at 4.6%
Insights
Inter&Co delivers exceptional Q2 with 53% profit growth, expanding loan book, stable asset quality, and improved efficiency.
Inter&Co's Q2 2025 results demonstrate impressive financial momentum across multiple dimensions. The company achieved
The company's loan portfolio grew by
Operational efficiency also improved meaningfully, with the efficiency ratio advancing to
These results validate the company's "super app" strategy of combining financial services with digital commerce capabilities. The combination of accelerating customer acquisition, loan growth outperforming the market, stable credit quality, and improving efficiency metrics suggests Inter&Co is executing effectively on its strategic priorities while building sustainable profitability momentum.
MIAMI, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to 40 million customers, today reported financial results for the second quarter of 2025.
2Q25 Highlights:
- Total clients reached 39.3 million in the end of the quarter, with 1.1 million new active clients added. In August, Inter surpassed the 40 million client milestone.
- Gross Loan Portfolio expanded
8% in the quarter to US$7.3 billion (R$40.2 billion *), a remarkable22% growth year-over-year, double the pace of the Brazilian market. - NPLs over 90 days remained stable at
4.6% in the quarter, excluding credit card receivables anticipation, reflecting a strong improvement of 0.5 percentage point compared to the previous year. - Efficiency Ratio advanced further to 47.1%, improving by 1.1 percentage point versus 1Q25.
- Net Income rose to US
$57.8 million (R$315 million *), up53% YoY, with a Return on Equity (ROE) of13.9% .
João Vitor Menin, Global CEO of Inter&Co, commented: “Through disciplined execution, we are witnessing the compounding benefits of our focused strategy on profitability, sustained growth, and innovation. By leveraging the effects of our comprehensive ecosystem, we are building a platform designed for scale while fostering trust and nurturing long-term relationships with our clients. This not only allows us to deliver consistent results but also strengthens the foundation of our brand.”
He added: “We are particularly proud that Inter has been recognized as the seventh most powerful brand in Brazil by Brand Finance and the number one banking brand among Gen Zs according to a survey from Forma Turismo. These recognitions highlight the success of our ‘Inter by Design’ philosophy, which delivers the financial solutions that truly align with our clients’ needs.”
Alexandre Riccio, Brazil CEO of Inter&Co, highlighted the company’s strong performance in credit expansion: “Our total credit portfolio continues to grow at an outstanding pace, with a year-over-year increase of
On unsecured credit, Riccio elaborated: “We remain focused on deepening credit penetration within our client base, and the launch of the ‘My Credit Journey is an important step in this direction. By guiding clients through their credit score improvement process, we aim to build not only sustainable and personalized financial relationships and reduce credit risk, but also meaningful connections that empower their financial journeys.”
Riccio concluded: “Our results this quarter, with a
*The company reports in BRL, and the figures have been converted to USD based on the rates on August 5, 2025.
Conference Call
Inter&Co will discuss its 2Q2025 financial results on August 6th, 2025, at 10:30 a.m. ET (11:30a.m. BRT). The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/.
About Inter&Co
Inter&Co (NASDAQ: INTR) ("Inter") is the pioneer financial super app serving nearly 40 million consumers across the Americas. The Inter ecosystem offers a broad array of services, including digital accounts, investments, mortgages, credit, gift cards, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly in the United States, as evidenced by its naming rights sponsorship of the Inter&Co Stadium, home of Orlando City SC (MLS) and Orlando Pride (NWSL). Focused on innovation and captivating member experiences, Inter delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers. For more information, visit: https://inter.co/en/us/
Investor Relations:
Rafaela de Oliveira Vitória
ir@inter.co
Media Relations:
Kaio.Philipe@inter.co
interco@chemistryagency.com
Disclaimer
This report may contain forward-looking statements regarding Inter, anticipated synergies, growth plans, projected results and future strategies. While these forward-looking statements reflect our Management’s good faith beliefs, they involve known and unknown risks and uncertainties that could cause the company’s results or accrued results to differ materially from those anticipated and discussed herein. These statements are not guarantees of future performance. These risks and uncertainties include, but are not limited to, our ability to realize the number of projected synergies and the projected schedule, in addition to economic, competitive, governmental and technological factors affecting Inter, the markets, products and prices and other factors. In addition, this presentation contains managerial figures that may differ from those presented in our financial statements. The calculation methodology for these managerial numbers is presented in Inter’s quarterly earnings release. Statements contained in this report that are not facts or historical information may be forward looking statements under the terms of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, among other things, beliefs related to the creation of value and any other statements regarding Inter. In some cases, terms such as “estimate”, “project”, “predict”, “plan”, “believe”, “can”, “expectation”, “anticipate”, “intend”, “aimed”, “potential”, “may”, “will/shall” and similar terms, or the negative of these expressions, may identify forward looking statements.
These forward-looking statements are based on Inter's expectations and beliefs about future events and involve risks and uncertainties that could cause actual results to differ materially from current ones. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise. The definition of each such operational metric is included in the earnings release available on our Investor Relations website.
For additional information that about factors that may lead to results that are different from our estimates, please refer to sections “Cautionary Statement Concerning Forward Looking Statements” and “Risk Factors” of Inter&Co Annual Report on Form 20-F. The numbers for our key metrics (Unit Economics), which include, among other, active clients and average revenue per active client (ARPAC), are calculated using Inter’s internal data. Although we believe these metrics are based on reasonable estimates, there are challenges inherent in measuring the use of our business. In addition, we continually seek to improve our estimates, which may change due to improvements or changes in methodology, in processes for calculating these metrics and, from time to time, we may discover inaccuracies and adjust to improve accuracy, including adjustments that may result in recalculating our historical metrics.
About Non-IFRS Financial Measures
To supplement the financial measures presented in this press release and related conference call, presentation, or webcast in accordance with IFRS, Inter&Co also presents non-IFRS measures of financial performance, as highlighted throughout the documents. The non-IFRS Financial Measures include, among others: Adjusted Net Income, Cost of Funding, Efficiency Ratio, Cost of Risk, Cards+PIX TPV, Gross ARPAC, Global Clients, Total Gross Revenues, and Return on average equity (ROE).
A “non-IFRS financial measure” refers to a numerical measure of Inter&Co’s historical or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with IFRS in Inter&Co’s financial statements. Inter&Co provides certain non-IFRS measures as additional information relating to its operating results as a complement to results provided in accordance with IFRS. The non-IFRS financial information presented herein should be considered together with, and not as a substitute for or superior to, the financial information presented in accordance with IFRS. There are significant limitations associated with the use of non-IFRS financial measures. Further, these measures may differ from the non-IFRS information, even where similarly titled, used by other companies and therefore should not be used to compare Inter&Co’s performance to that of other companies.
FAQ
What was Inter&Co (INTR) net income in Q2 2025?
How many clients does Inter&Co have in 2025?
What is Inter&Co's loan portfolio size in 2025?
What is Inter&Co's Return on Equity (ROE) in Q2 2025?
How did Inter&Co's efficiency ratio perform in Q2 2025?
