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Brazil's XP posts 10% increase in fourth-quarter adjusted profit
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Brazil's XP posts 10% increase in fourth-quarter adjusted profit
Mar 11, 2026 4:02 AM

SAO PAULO, Feb 12 (Reuters) - Brazilian brokerage and

financial services provider XP ​Inc. on Thursday ‌posted a

record quarterly adjusted net ⁠profit of 1.33 billion ⁠reais

($255.21 million), up 10% ‌from ‌a year earlier.

* Net revenue ​stood at ‌4.95 billion reais in the

October-to-December 2025 quarter, ​up 10% ​year-on-year.

* ‌In gross terms, revenue from XP's key retail business

increased

8%.

* ⁠XP's total net ⁠inflow came in at 32 billion reais in the

quarter, a 10% ⁠expansion ‌from the same ‌period of 2024.

* In ⁠a separate statement, XP also said that Thiago Maffra

and

José Berenguer will become holders of voting interest in ​XP's

controlling shareholder XP Control LLC.

($1 = 5.2113 reais)

(Reporting by ​Andre ‌Romani, Editing by ​Iñigo Alexander)

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