Summary
- Inter&Co, a leading digital bank in Brazil, saw a 264% increase in net profit to R$223 million in Q2 2024 compared to the previous year.
- The company achieved a ROE of 10.4% and reported over 33 million customers by the end of the quarter.
- Inter&Co aims to reach 60 million customers, achieve a 30% ROE, and maintain an efficiency ratio of 30% by 2027.
- The bank’s growth is attributed to effective customer engagement strategies, focus on digital solutions, and international expansion plans.
