Record 2025 profit above R$1B at Agi Inc (NYSE: AGBK)
Rhea-AI Filing Summary
Agi Inc reported its fourth-quarter and full-year 2025 results, highlighting a record profit exceeding R$1 billion and assets growth of 62% in 2025. Management said total revenue grew 47% year-over-year and net income increased 32%, reflecting the scalability of its hybrid digital-and-branch model in Brazil’s payroll-linked financial market. The company emphasized expanding its active customer base and credit portfolio while maintaining what it describes as strong efficiency and profitability among Brazilian financial institutions.
Positive
- Record profitability and rapid growth: 2025 profit exceeded R$1 billion, with total revenue up 47% year-over-year, net income up 32%, and assets growing 62%, indicating strong scaling of Agi’s hybrid digital-and-branch banking model in Brazil.
Negative
- None.
Insights
Record profit, rapid growth and scaling hybrid model in Brazil.
Agi Inc reports 2025 profit exceeding R$1 billion, with assets up 62%. Management cites a 47% year-over-year increase in total revenue and 32% growth in net income, pointing to operating leverage in its digital-plus-branch strategy.
The business focuses on Brazil’s payroll-linked financial ecosystem and underserved customers, combining a fully digital bank with physical Smart Hubs. This model is presented as a competitive advantage that helps attract and retain clients outside traditional and purely digital banks.
Investors can track future quarterly disclosures for whether high revenue and net income growth rates are sustained as the company scales its credit portfolio and maintains efficiency across Brazil.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-43114
AGI Inc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant’s name into English)
Rua Sergio Fernandes Borges Soares, 1000, Prédio E1
Campinas, SP
13054-709 Brazil
+55 19 3031-4000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F |
X |
Form 40-F |
EXHIBIT INDEX
| Exhibit No. | Description |
| 99.1 | Press Release 4Q25 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| AGI Inc | |||||
| By: | /s/ Marcello Winnik Dubeux | ||||
| Name: | Marcello Winnik Dubeux | ||||
| Title: | Chief Financial Officer | ||||
Date: March 23, 2026
Agi Inc. Delivers Record Profit Exceeding R$1 Billion and
Robust Assets Growth of 62% in 2025
São Paulo, Brazil, March 23, 2026 – Agi Inc. (NYSE: AGBK) (Agi), technology-powered provider of specialized financial services in Brazil, today released its financial results for the fourth quarter and full year ended December 31, 2025. The financial statements and earnings presentation are available on the Company’s Investor Relations website at investors.agiinc.com along with details of the earnings conference call to be held today at 5:00 p.m. Eastern Time (6:00 p.m. Brasilia time).
“We delivered strong results in 2025, growing our active customer base and expanding our credit portfolio, while maintaining our position as one of Brazil’s most efficient and profitable financial institutions. Our hybrid model, combining digital banking with our nationwide networks of Smart Hubs, positions us well in the Brazilian payroll-linked financial ecosystem. As we look ahead, we remain focused on our three core principles: living for the customer, continuously enhancing our technology platform, and building long-term compounding value for our shareholders” said Marciano Testa, Founder, Chairman and CEO of Agi, Inc.
“We delivered strong results in 2025, with total revenue growing 47% year-over-year and net income growing 32% year-over-year, achieving a record-breaking number and demonstrating the strength and scalability of our unique hybrid business model as we continue to expand our reach across Brazil's underserved population," said Marcello Dubeux, Chief Financial Officer.
FY’25 Financial Highlights
Below are the Full Year 2025 performance highlights of Agi Inc.
Business Highlights:
| · | Customer Growth: Active customer base grew 73% year-over-year to 6.7 million in 2025. |
| · | Market Share Expansion: Increased INSS payroll credit market share to 8.9% in 2025, a gain of 250 basis points compared to 2024. |
| · | Product Innovation: Successfully launched Private Payroll Credit in March 2025, reaching approximately R$0.9 billion by year-end. |
Financial Highlights:
| · | Revenue Growth: Total Revenues reached R$10.7 billion in 2025, growing 46.8% year-over-year. |
| · | Profitability: Net Income of R$1.0 billion in 2025, growing 31.8% year-over-year, with Return on Equity of 35.8%. |
| · | Credit Portfolio Expansion: Total loan portfolio grew 44% to R$34.9 billion in 2025. |
| · | Operational Efficiency: Operating Efficiency Ratio improved to 40.6% in 2025, an increase of 590 basis points compared to 2024 |
| · | Strong Capital Position: Capital Adequacy Ratio was 15.5% at the end of 2025. |
Conference Earnings Call Details
Agi will hold a Conference Earnings call today at 5:00pm ET (6:00pm BRT). The conference call can be accessed live over the Zoom webinar (ID: 819 8409 5288 | Password: 957809). You can also access the meeting over the phone by dialing +1 507 473 4847 or +1 564 217 2000 from the U.S. Callers from Brazil can dial +55 11 4680 6788. The call will also be webcast live at the following link and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Agi’s investor relations website at https://investors.agiinc.com.
About Agi
Agi stands for a banking experience that welcomes and empowers all Brazilians through a business model that is unique in Brazil. Designed to serve a customer base that represents the majority of the Brazilian population, our model addresses needs that remain outside the priorities of traditional large banks and purely digital banks. We believe we fill a gap in the market by serving, with quality and dignity, customers who are often overlooked.
Our hybrid model combines a fully digital bank that is light, fast, and easy to use, complemented by physical branches that offer a welcoming, agile, and accessible in-person experience for all Brazilians. We develop tailored solutions and provide a simple, inclusive customer journey for non-digital-native clients, creating a meaningful competitive advantage. We believe this approach enables us to attract more customers, build long-lasting relationships, and strengthen our business.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Agi Inc’s control. Agi Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, regulatory or tax developments, changes in its business, industry, or local or global economic and other developments.
Press Contact
Email: imprensa@agi.com.br
Website: investors.agiinc.com
FAQ
What headline financial results did Agi Inc (AGBK) report for 2025?
How fast did Agi Inc (AGBK) grow revenue and net income in 2025?
What asset growth did Agi Inc (AGBK) achieve in 2025?
What is Agi Inc’s (AGBK) business model in Brazil?
When did Agi Inc (AGBK) release its Q4 and full-year 2025 results?
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Filing Exhibits & Attachments
1 documentPress Releases
