Welcome to our dedicated page for Pagseguro Digita news (Ticker: PAGS), a resource for investors and traders seeking the latest updates and insights on Pagseguro Digita stock.
PagSeguro Digital (PAGS) delivers innovative payment solutions and digital banking services to Brazilian businesses through its secure financial ecosystem. This news hub provides investors and stakeholders with essential updates about the company's strategic developments, operational milestones, and market positioning.
Access official press releases covering quarterly earnings, product enhancements, partnership announcements, and regulatory compliance updates. Our curated collection enables efficient tracking of PagSeguro's progress in serving micro-merchants and SMEs with cutting-edge fintech solutions.
Key focus areas include updates about digital payment innovations, expansion of banking services for small businesses, and advancements in transaction security technologies. All content is sourced directly from verified corporate communications to ensure accuracy and timeliness.
Bookmark this page for streamlined access to PagSeguro Digital's latest financial disclosures, leadership updates, and service improvements. Stay informed about critical developments affecting one of Brazil's leading integrated payment platforms.
PagBank (NYSE: PAGS) reported strong financial results for Q4 2024, with net revenue reaching R$5.1 billion, up 18% year-over-year. The company achieved a net profit of R$2.3 billion and a return on average equity (ROAE) of 15.2% in 2024.
Key performance highlights include: customer base growth to 33.2 million (+2.1 million YoY); total payment volume (TPV) of R$146 billion in Q4 (+28% YoY) and R$518 billion for full-year 2024 (+32% YoY); credit portfolio expansion to R$48 billion (+46% YoY); and total deposits of R$36.1 billion (+31% YoY).
The company invested R$2.3 billion in technology and completed a share buyback program worth R$784 million in 2024. PagBank maintains a positive outlook for 2025, focusing on customer base expansion, product diversification, and market share growth.
PagBank (NYSE: PAGS) reported strong Q3 2024 results with net revenues of R$4.8 billion (+20% YoY) and record recurring net income of R$572 million (+30% YoY). Total Payment Volume reached R$136.3 billion (+37% YoY), with MSMEs contributing 65%. The digital banking platform showed significant growth with deposits reaching R$34.2 billion (+59% YoY). The credit portfolio grew 30% YoY to R$3.2 billion, driven by low-risk products including credit cards, payroll loans, and FGTS advances. The company achieved 32.1 million customers and experienced 52% YoY growth in banking revenue.
PagBank (NYSE: PAGS) reported record results for Q2 2024, with Non-GAAP net income of 542 million BRL (+31% y/y) and GAAP net income of 504 million BRL (+31% y/y). The company achieved a record TPV of 124.4 billion BRL (+34% y/y) in acquiring, outpacing industry growth. Digital banking revenues reached 434 million BRL (+41% y/y), with deposits growing to 34.2 billion BRL (+87% y/y).
PagBank received a AAA.br rating from Moody's, the highest on the local scale. The company raised its 2024 guidance, now expecting TPV growth of 22-28% y/y and Non-GAAP net income growth of 19-25% y/y. Total Revenue and Income for Q2 was 4.6 billion BRL (+19% y/y), with the client base reaching 31.6 million.
PagBank (NYSE: PAGS) reported its Q1 2024 results, highlighting a record recurring net income of 522 million BRL, a 33% increase year-over-year (YoY). Total Payment Volume (TPV) reached 112 billion BRL, up 27% YoY, driven by growth in various segments including MSMBs and large companies. CEO Alexandre Magnani emphasized the company's solid market share and growth in clients, now totaling over 31 million. Cash-In volumes hit 66 billion BRL, a 48% YoY increase, while deposits grew to nearly 31 billion BRL. CFO Artur Schunck noted strong financial margins and a diversified credit portfolio, now at 2.7 billion BRL. The company also launched new products like Tap to Pay Online and business insurance. Despite macroeconomic uncertainties, PagBank remains optimistic about future growth.
