Inter & Company Incorporation Class A (INTR) has released an update.
Inter & Co, Inc., a Cayman Islands-based holding company, has reported a significant 706.2% increase in profits, reaching R$195.2 million for the first quarter of 2024, while revenue rose by R$464.6 million compared to the same period last year. The company’s total assets and shareholder’s equity have also grown, by 3.6% and 12.4% respectively, with assets now totaling R$62.5 billion. These financial achievements highlight the expanding customer base, which now exceeds 31.7 million, and a robust loan portfolio valued at R$30.9 billion.
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