Advertise Pagbank Distributing about $ 250 million of stock profits to shareholders This Tuesday (13), after reporting 6 % growth in the frequent net profit for the first quarter compared to the same period of 2024.
S. Pagbank made a recurring net profit of $ 554 million from January to March, While the intermediate analysts estimates indicated a result of $ 558.9 million, according to the data collected by LSEG.
In the aftermath of the public budget, the payment company also announced its first distribution of stock profits, with an amount of $ 0.14 per share (totaling about $ 250 million, Ranjit, an amount) on June 6, and added that it plans to distribute each year that corresponds to about 10 % of its annual income.
“The decision to distribute profits was more focused on the existence of another return tool for shareholders,” said Artur Shonk, Financial Director at Bajbank.
“On the other hand, the re -purchase program continues, we have operated 75 % of it so far. As it approaches the end, we can also launch the next program, and based on our history, this should happen.”
Pagbank, former Pagseguro, in the second re -purchase program, with about $ 353 million, a paper purchased by March, according to the company.
The company, which expected earlier this year a profit for every action ranging from 11 % and 15 % in 2025, found a Net revenues amounting to $ 4.9 billion in the first quarter, Introduced from 13 % from year to year, in line with the average expectations in the market, according to LSEG data.
The stock profit in this period was $ 1.72, a growth of 14 % compared to the first three months of 2024.
When asked about a possible review to drop the profit growth for each work in 2025, Shunke did not rule out this possibility, but he said it is necessary to wait for Seleic Peak to see how the company’s business will act for this level of attention.
Pagbank credit portfolio has expanded 34 % In the first quarter compared to the first three months of the previous year, reaching $ 3.7 billion, while the default rate over 90 days was 2.3 %.
The total payment volume (TPV) reached $ 129 billion during this period, an increase of 16 % over the previous year, and “cash in”, indicating the participation of bank customers, amounted to $ 83 billion, with an expansion from 26 % to a year.
Pagbank ended March with 32 million customers and 17.7 million activists.
