Inter & Co Reports Robust Growth and Profit Surge

Inter & Company Incorporation Class A (INTR) has released an update.

Inter & Co, Inc., a holding company in the Cayman Islands, reported a striking 372.8% increase in profits reaching R$417.9 million and a 10.3% growth in total assets to R$66.6 billion for the first half of 2024. Customer base grew to 33.3 million, with a significant engagement increase, while loan operations jumped by 10.7% to R$33.0 billion. The company’s revenues saw a substantial rise to R$2,879.5 million, underscoring their robust financial performance and expanding market presence.

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