Welcome to our dedicated page for Inter & Co news (Ticker: INTR), a resource for investors and traders seeking the latest updates and insights on Inter & Co stock.
Inter & Co. Inc. (NASDAQ: INTR) generates a steady flow of news as a digital bank and financial super app active across the Americas. Company updates often center on its expanding customer base, financial performance, and the evolution of its app-based ecosystem, which combines banking, credit, investments, insurance, and digital commerce in one platform.
Investors following INTR news will frequently see quarterly earnings releases, where Inter & Co reports metrics such as client growth, net income, efficiency ratios, and return on equity. These reports also highlight the performance of its credit portfolio, asset quality indicators, and the contribution of fee and interest income across its banking and super app verticals.
Beyond earnings, Inter & Co news includes developments in ratings and capital markets. Rating agencies such as Moody’s and S&P Global Ratings have issued local ratings and outlooks for Banco Inter in Brazil, with company announcements summarizing the rationale, including profitability trends, revenue diversification, and risk management. The company also discloses actions like the issuance of subordinate financial bills and notices of relevant equity purchases or sales through regulatory filings.
Strategic and operational announcements are another key theme. Inter & Co has reported transactions such as acquiring the remaining stake in Granito, a merchant acquirer serving small and medium-sized enterprises in Brazil, and has discussed its focus on a long-term plan often referred to as the 60/30/30 plan. Updates may also touch on new products within its super app, cross-border tools, marketplace enhancements, and brand-building initiatives in markets like the United States.
For anyone tracking INTR, the news stream offers insight into how Inter & Co is scaling its financial super app model, managing credit risk, and positioning itself within the regional banks and broader financial services landscape.
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Inter&Co, Inc. (NASDAQ: INTR) reported strong financial results for Q4 2022 and the full year 2022. The company grew its client base by 8.3 million net new clients, totaling 25 million clients. Key highlights include an 85% year-over-year transaction volume growth, reaching R$578 billion, and a 40% increase in the gross loan portfolio to R$25 billion. Additionally, net fee revenues soared by 87%, totaling R$1.2 billion. Total gross revenues climbed 90% to R$6 billion. The company confidently aims to leverage its Super App advantages to drive future growth.
Inter&Co (Nasdaq: INTR) announces no exposure or business ties with the recently troubled Silicon Valley Bank. This assurance comes amid rising market concerns over the stability of financial institutions.
As the holding company for Banco Inter, Inter&Co serves over 25 million customers in Brazil and the US, offering banking, investment, insurance, and credit services, in addition to a digital marketplace.
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