In Q4 2025, Inter & Co’s loan portfolio expanded 36% year-over-year, supported by robust digital engagement with 21.5 million daily logins and nearly 1 billion transactions processed in December. The company also rolled out a new social media platform and enhanced its investment and credit products, driving its ranking as Brazil’s top bank brand among Gen Z.

Inter & Co secured a US bank license, granting access to a US deposit base and promising lower funding costs. Management aims to leverage AI and innovation to grow revenues faster than expenses, targeting improved operational leverage and a leaner efficiency ratio.

Stage 3 formations increased in personal and mortgage loan portfolios, prompting conservative provisioning adjustments. The company expects a cost of risk between 5.5% and 6% in 2026 while focusing on maximizing risk-adjusted net interest income.

Inter & Co has maintained a 20% dividend payout ratio for the past three years and plans to continue this level as long as growth remains unhindered. The firm is moving toward capital neutrality by optimizing capital allocation between its banking and holding company levels.