Inter & Co. Inc. (INTR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone, I'm Rafa Vitória, IR officer at Inter, and I would like to welcome all to Inter and Co.'s earnings conference call. First of all, some instructions. This call is also available in Portuguese. To access it, press the globe icon on the lower right side of your Zoom screen, then select the Portuguese room. Please be advised that all participants will be in listen-only mode and that the conference is being recorded. You may submit online questions at any time today, Using the Q&A box on the webcast. A replay will be available at the company's IR website. With me today are João Vitor Menin, our Global CEO, Alexandre Riccio, our Brazil CEO, and Santiago Stel, our CFO. To start with the CEO overview, I'd like to invite João. João, please go ahead. Thank you, Rafa. Thank you all for joining us today to discuss our second quarter results for 2026. I want to start with something that is truly meaningful for Inter. Back in May, at our Honors Day, we introduced the Rule of 50 as our long-term plan, proving that growth and profitability are not a trade-off, but a combination we can deliver together. And here we are, just one quarter after announcing the plan, And the rule of 50 is already a reality. Total net revenue grew 32%. ROE reached over 16%. We are already executing the plan. The rule of 50 does not stand alone. It is built on top of our 60-30-30 North Star. The goal of 60 million clients, 30% efficiency ratio and 30% ROE. That compass continues to guide everything we do. The trend on this chart reflects years of disciplined capital allocation, high growth, and consistent execution, supported by a solid balance sheet. But results like these don't happen by accident. Delivering the Rule of Fifty is only possible because of our Inter-by-Design approach. It combi...