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Brazil's XP posts 12% rise in Q3 net profit, announces share buyback
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Brazil's XP posts 12% rise in Q3 net profit, announces share buyback
Nov 17, 2025 1:45 PM

SAO PAULO, Nov 17 (Reuters) - Brazilian financial

services platform XP Inc ( XP ) reported on Monday a 1.3 billion

real ($243.88 million) third-quarter net profit, up 12% from a

year earlier.

* XP launched a new share buyback program totaling 1 billion

reais, and announced 500 million reais in dividends.

* Gross revenue rose 9% to 4.9 billion reais, with XP's key

retail

segment increasing gross revenue by 6% in the period.

* Total net inflow hit 29 billion reais, down 14%, while

retail

net inflow stood at 20 billion reais, an 18% fall.

* Earnings before taxes (EBT) increased 10% to 1.3 billion

reais.

($1 = 5.3305 reais)

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