XP Inc Reports Record Q2 Profit

XP(NASDAQ:XP) reported second quarter 2025 results on Aug. 18, 2025, delivering record net income of BRL1.321 billion, up 18% year over year, and a return on equity of 24.4%. Total client assets under management and administration reached BRL1.9 trillion, up 17% year over year, while gross revenues rose 4% to BRL4.7 billion, and diluted EPS increased 22% year over year. The following highlights focus on profitability drivers, capital allocation, and channel diversification shaping the long-term investment case.Net income margin reached 29.7% in the quarter, with SG&A expenses growing 10% year over year due to ongoing investments in technology and marketing. The Common Equity Tier 1 (CET1) capital ratio rose to 18.5%, well above the Brazilian sector average of 12%, providing significant capital flexibility.This margin expansion, despite investment banking headwinds, demonstrates the resilience and scalability of XP’s diversified business model, supporting long-term value creation even in challenging market conditions.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool