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XP Inc. - $XP STOCK NEWS

Welcome to our dedicated page for XP news (Ticker: $XP), a resource for investors and traders seeking the latest updates and insights on XP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XP's position in the market.

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XP Inc. approves payment of cash dividend
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XP Inc. (NASDAQ: XP) reported its financial results for the second quarter of 2023, showing a 3% year-over-year increase in gross revenue. Retail revenue grew by 8% year-over-year, driven by various factors including stabilization in equities revenue, sequential rebound in fixed income revenue, and strong growth in new verticals revenue. The Annualized Retail Take Rate was 1.30% in 2Q23, up 9 bps QoQ. Earnings Before Taxes (EBT) increased by 12% year-over-year, reaching R$968 million in 2Q23. Net Income was R$977 million, up 7% year-over-year. The Company will host a webcast to discuss its second quarter financial results on Monday, August 14th, 2023.
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XP Inc. (Nasdaq: XP) announced its 2Q23 KPIs, including a 21% YoY increase in client assets to R$1.0 trillion and a 7% QoQ increase. The NPS was 76, and the total credit portfolio reached R$17.9 billion. Active clients grew 1% QoQ and 11% YoY, totaling 4.0 million in 2Q23.
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XP Inc. announces the termination of its shareholders agreement, improving corporate governance practices and board composition. The Iupar Group loses the right to nominate board members, but retains registration rights when selling shares. GA can nominate one board member with a minimum 2% ownership. The board will be reduced to 9 members.
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XP Inc.

Nasdaq:XP

XP Rankings

XP Stock Data

12.13B
405.69M
7.9%
69.77%
3.3%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
Vila Olimpia

About XP

o nosso propósito é transformar o mercado financeiro para melhorar a vida das pessoas. começamos em 2001, como um pequeno escritório de agentes autônomos de investimentos em porto alegre. chegamos até aqui com a dedicação de pessoas talentosas que, por meio da nossa cultura de sonho grande, mente aberta e espírito empreendedor, tiveram a autonomia e liberdade que precisavam para transformar o mercado financeiro.porém, sabemos que o desafio é muito maior. os grandes bancos ainda possuem 95% do mercado de investimentos no brasil, mas estamos aqui para romper essa lógica e melhorar a vida de muito mais pessoas. somos exatamente o que o sistema financeiro nunca foi.se você se identifica com esses conceitos e deseja construir algo especial, mergulhe de cabeça nesta oportunidade.