Overview

• Brazilian financial platform's Q4 gross revenue rose 12% yr/yr

• Adjusted net income for Q4 increased 10% yr/yr

• Adjusted EPS for Q4 rose 15% yr/yr

Outlook

• XP Inc. plans to optimize capital base throughout 2026

• Company aims to strengthen core business through investments in technology and banking

• XP Inc. sees potential for sustainable growth in SME segment and credit markets

Result Drivers

• CLIENT-CENTRIC APPROACH - XP's strategy of offering clients transparency and choice in service models has strengthened engagement and expanded its client base

• WHOLESALE BANKING - XP's wholesale banking segment showed strong performance, supporting corporate and institutional clients and enhancing retail offerings

• TECHNOLOGY AND AI - Investment in technology and AI has empowered XP's advisors, improving client relationships and operational efficiency

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

• Wall Street's median 12-month price target for XP Inc is $23.00, about 13.4% above its February 11 closing price of $20.29

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw7JCzHma

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)