A Xp He ended the first quarter with a modified net profit of $ 1.24 billion, 20 % high Compared to the same period last year, according to the data issued on Tuesday by the investment platform.
The company also announced a new program to purchase the shares of one billion dollars.
A The total revenue reached $ 4.56 billion, an increase of 7 % to a yearWith the retail segmentation of 10 % to $ 3.4 billion. The institutional sector decreased by 3 %, and large companies and capital markets appeared by 11 %.
In the quarterly base, revenues decreased by 4 %, with a 4 % decrease in retail and 6 % in large companies and capital markets, while institutions recorded 4 %.
In retail, the result again helped through fixed income revenues, which jumped by 44 % on an annual basis, to $ 1.02 billion – for the first time in a higher amount of revenues in the changing income sector, which reduced 15 %, to $ 959 million.
Financial Director told XpVictor Mansor, to evaluate that, for the first quarter, the general group started “very well” given the season of this period.
A tone is adopted restricted to the stock market, noting that despite the positive performance of Ebofasa in the first quarter, the sizes are low, while interest rates are still high and should continue by the end of the year.
The total net revenue from the group increased by 7 % on an annual basis to $ 4.35 billion.
Estimates assembled by LSEG have indicated a profit of $ 1.19 billion, Rangetgen, and net revenues of $ 4.47 billion.
The total profit before paying taxes (EBT) was approximately $ 1.26 billion, from $ 1.09 billion in the previous year, with the EBT margin from 26.9 % to 29.1 % on an annual basis. In the quarter, however, 2 % decreased, 1.48 percentage points decreased on the margin.
The revenue on the tangible arrows (ROTA), which Xp It is appropriate to reflect your work, it has been modified by 24.1 %, 20.7 % in the first three months of 2024.
The return on the modified annual stocks (ROAE) was 30.2 %, 25.4 % in the previous year.
At the end of March, the platform had approximately $ 1.33 trillion of total customer assets, an increase of 13 % during the same period from 2023 and 3 % at the quarterly base.
according to XpThe annual growth is a result of $ 119 billion in net capture and $ 32 billion in market estimate.
A Xp It also started spreading an expanded assets scale, which is the distribution, management and management resources, which, combined, approached $ 1.8 trillion in the first quarter, an increase of 13 % of the year.
In the first quarter, the total Capture 24 billion dollars, an increase of 79 % on an annual basis, but 19 % in the quarter. The net retail reached $ 20 billion, 1 % lower than the previous quarter, but 53 % higher than the same period than 2024.
Mansour stated that Xp It is comfortable with this retail number, about $ 20 billion.
At the end of the first quarter, Xp She had approximately 4.7 million active customers, an increase of 2 % from year to year and stable in the quarter. The total number of consultants was 18.1 thousand.
Re -purchase
A Xp He stated that re -purchase shares are part of the capital return plan for shareholders, and are compatible with the “direction” of the Basel Index – between 16 % and 19 % in 2026.
In the first quarter, the Basel Index was 19 %, an increase of 1.27 points compared to the previous quarter and a decrease in 1.82 points from the same period from 2024.
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