XP XP (XP) Q2 FY26 earnings call
XP Inc. navigated a volatile Q2 FY26 with strong profitability and disciplined capital management, evidenced by a 22.5% ROE and 9% EPS growth. Despite market headwinds impacting fixed income and primary DCM, core businesses showed resilience, and the company continued to expand its comprehensive financial ecosystem for individuals and businesses, targeting double-digit growth for FY26. Management emphasized a cautious, step-by-step approach to credit expansion and a commitment to returning capital to shareholders.
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XP operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Active accounts | 4.8MWe ended the period with 18,300 advisers, up 1% year-over-year, while our active client base totaled BRL 4.8 million, a 2% year-over-year increase.Source: earnings call transcript | 4.8MWe ended the period with 18,400 advisers, up 1% year-over-year, while our active client base totaled 4.8 million, a 1% increase year-over-year.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.