Tuesday, 13 August 2019

Banco Inter (BIDI4) presents a 90.9% increase in net income in the second quarter of 2019

Banco Inter, a Belo Horizonte-based financial institution and one of the first digital banks in Brazil, posted a 90.9% increase in net income in the quarter over the same period last year to R $ 32.9 million.

Return on equity was 13.7%, 3.2 percentage points higher than in the second quarter of 2018.

The bank's total assets were R$ 6.754 billion, up 45.7% over the same period last year, and the expanded loan portfolio stood at R$ 3.963 billion, up 37.2% over the second quarter of last year.

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