1Q26 Highlights:
Inter delivered another quarter of exceptional growth across key metrics, maintaining its consistent profitability trajectory and demonstrating the strength of its complete ecosystem and Inter by Design model.
Client Growth: Reached 44 million total clients, achieving the highest quarterly jump in activation rate since 2024, nearly 60%, reflecting deep and growing client engagement.
Net Income: Achieved R$395 million (US$75.6 million), with ROE improving to 15.5%, up 265 basis points YoY, and a Return on Tangible Equity (ROTE) nearing 20%, underscoring disciplined execution and a commitment to sustainable growth and profitability.
Credit Expansion: Expanded the gross loan portfolio by 33% YoY to R$50 billion (US$9.5 billion), more than three times the growth rate of the Brazilian market, driven by strategic products like Private Payroll Loans, Mortgages, and Credit Cards.
Operational Efficiency: Achieved a record efficiency ratio of 43.8%, reflecting the company's operational leverage potential.
Payment Volumes: Cards and PIX volume reached a 1.7 trillion reais (US$327 billion) run rate, representing 26% year-over-year TPV growth, with Inter now holding an 8.5% market share in all PIX transactions in Brazil.
João Vitor Menin, Global CEO of Inter&Co, commented:"We began 2026 with notable achievements driven by robust performance metrics and cutting-edge innovation. Our 1Q26 results reaffirm our commitment to sustainable, profitable growth, executed with discipline and guided by a clear vision to transform financial services through technology."
He added: "As we look to starting Q2 off strong, we are proud to introduce Seven, our advanced multi-agent AI tool designed to elevate Inter clients' experiences. With Seven, clients gain access to seamless, conversational interactions where they can ask questions, explore products and services, make informed credit and investment decisions, and complete transactions effortlessly. By adopting an agentic-first approach, we are redefining how financial services are delivered and further positioning Inter as a leader in digital transformation."
Alexandre Riccio, Brazil CEO of Inter&Co, noted: "Our client base has never been stronger. We reached 44 million total clients and achieved our highest quarterly jump in activation rate since 2024, with nearly 60% of clients actively using their accounts. This high engagement translates directly into massive payment volumes. Our combined Cards and PIX volume reached a 1.7 trillion reais run rate, with Inter now holding an 8.5% market share in all PIX transactions in Brazil."
Riccio continued: ...
