STOCK TITAN
  1. Home
  2. News
  3. INTR

Inter & Co. Inc. - INTR STOCK NEWS

Welcome to our dedicated page for Inter & Co. news (Ticker: INTR), a resource for investors and traders seeking the latest updates and insights on Inter & Co. stock.

Inter & Co. Inc. (INTR) operates as a comprehensive digital bank offering a wide range of financial services. The company's main segments include Banking & Spending, Investments, Insurance Brokerage, and Inter Shop & Commerce Plus. The majority of its revenue is generated from its Banking & Spending segment.

Recently, Inter & Co. has seen a significant increase in client numbers, attributed to its superior app experience and the convenience of providing a multitude of financial and commercial services in one place. This positions the company as a versatile financial hub for its users.

The company has also undergone new branding, positioning itself as a smart choice for managing financial lives. This rebranding effort reflects a new era for Inter & Co., aiming to connect more intimately with clients and offer an enhanced customer experience.

Inter & Co. Inc. continues to innovate and expand its services, focusing on integrating more features that cater to a modern digital banking landscape. With strategic partnerships and a robust financial condition, the company stands out as a leader in digital banking services. Its ongoing projects and developments ensure that it remains at the forefront of providing secure, intuitive, and comprehensive financial solutions.

News

Inter&Co Surpasses 30 Million Clients, Accelerating Growth Toward Its Five-Year Business Plan

Rhea-AI Summary
Inter&Co, Inc. (Inter) (NASDAQ: INTR | B3: INBR32) has announced a 24% year-over-year increase in its client base, exceeding 30 million clients, including Brazilian and US customers. The company's third-quarter earnings report showcased a record net income of R$104 million, up 62% quarter-over-quarter, a record activation rate of 52.7%, and revenue per active client of R$ 48. Total gross revenue also grew by 39% year-on-year to R$2.1 billion. Inter's 60-30-30 Business Plan aims to reach 60 million clients by 2027 while maintaining a 30% efficiency ratio and achieving a 30% return on equity (ROE). The company has been successful in attracting clients ahead of schedule due to its seamless, well-designed in-app experience and the convenience of offering financial and digital commerce services in one place.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
none
-
News

Inter&Co Inc. Reports Record Third-Quarter 2023 Net Income of R$104 Million

Rhea-AI Summary
Inter&Co Inc. reports strong financial results for Q3 2023 with record net income of R$104 million and R$145 million in earnings before tax. The company continues to experience growth in revenue per client and loan growth, while reducing the cost of risk by 30 bps. CEO João Vitor Menin expresses confidence in the company's strategy and goals for future growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.15%
Tags
none
-
News

Inter&Co Announced as Official Financial Institution of Orlando City SC and Orlando Pride

Rhea-AI Summary
Inter&Co partners with Orlando City SC and Orlando Pride to become the Official Financial Institution of both clubs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none
News

Inter&Co, Inc Reports Record-Breaking Second Quarter 2023 Financial Results

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.61%
Tags
earnings
-
News

Inter&Co Announces New Senior Management Structure

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
-
News

Inter&Co Marks One Year on Nasdaq

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
none
News

PCI Security Standards Council Selects Inter&Co for its 2023-2025 Board of Advisors

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
-
News

Inter&Co elects Claudia Farkouh Prado to Board of Directors

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.64%
Tags
management
-
News

Inter&Co Wins Two IFLR Americas 2023 Awards Recognizing Legal Innovation

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
News

Inter&Co Announces that FINRA Approved Inter&CO Securities LLC to Operate as a US Broker During Nasdaq’s Opening Bell Ceremony

Rhea-AI Summary
Inter&Co Securities, a subsidiary of Inter&Co, has been granted approval by FINRA to operate as an investment broker in the United States. This allows Inter to offer a diverse range of international investment products to its customers, expanding beyond equities, REITs, and ETFs. The company plans to establish a dedicated wealth service division and offer customers the option of investing in managed accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none

FAQ

What is the current stock price of Inter & Co. (INTR)?

The current stock price of Inter & Co. (INTR) is $4.25 as of December 28, 2024.

What is the market cap of Inter & Co. (INTR)?

The market cap of Inter & Co. (INTR) is approximately 1.9B.

What services does Inter & Co. Inc. offer?

Inter & Co. Inc. offers services in Banking & Spending, Investments, Insurance Brokerage, and Inter Shop & Commerce Plus.

What segment generates the most revenue for Inter & Co. Inc.?

The Banking & Spending segment generates the most revenue for Inter & Co. Inc.

What has recently driven the increase in client numbers for Inter & Co. Inc.?

The significant increase in client numbers is driven by the superior app experience and the convenience of meeting financial and commercial needs in one place.

What does the new branding of Inter & Co. Inc. signify?

The new branding positions Inter & Co. Inc. as a smart choice for managing financial lives and reflects a new moment for the company.

How does Inter & Co. Inc. stand out in the digital banking industry?

Inter & Co. Inc. stands out by offering a comprehensive range of financial services, innovative projects, strategic partnerships, and a focus on enhancing customer experience.

What are the main goals of Inter & Co. Inc.'s recent projects?

The main goals of the recent projects are to integrate more features, ensure security, and provide intuitive and comprehensive financial solutions.

What is the significance of Inter & Co. Inc.'s rebranding?

The rebranding signifies a new era for the company, aiming to connect more intimately with clients and enhance the overall customer experience.

How does Inter & Co. Inc. ensure the security of its services?

Inter & Co. Inc. ensures the security of its services through robust financial condition and strategic developments in digital banking.

What are the key features of Inter & Co. Inc.'s app?

The key features of the app include a user-friendly interface, comprehensive banking services, and the integration of various financial and commercial needs in one place.

Who can be contacted for more information about Inter & Co. Inc.?

For more information, Ideal for Inter & Co. can be contacted at +1 831 818 2893 or +1 213 631 5437, or via email at IdealUS@ideal.pr.
Stock INTR logo
Inter & Co. Inc.

Nasdaq:INTR

INTR Rankings

#2021 Ranked by Market Cap
#2188 Ranked by Dividends

INTR Stock Data

1.87B
240.95M
25.16%
27.47%
1.2%
Banks - Regional
Financial Services
Link
United States of America
Belo Horizonte