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Inter & Co made a record profit of $76.1 million last quarter, with sales up 26% from last year.

ResultsRead the original at globenewswire.com
Good for INTR

Inter & Co set a quarterly profit record, grew revenue faster than expenses, and improved its efficiency measure. Its credit portfolio grew 25%, with the cost of risk unchanged at 5.9%, supporting a stronger business outlook.

INTR · Inter & Co

AI read · Good for INTR

The AI's read

More clients and faster sales growth than expense growth suggest Inter is bringing in more business without costs rising as quickly. Its efficiency measure improved, and credit grew without a rise in the reported cost of risk. These results support a stronger business outlook.

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