XP profit grows 20% and reaches R $ 1.24 billion

by Andrea
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Gross Revenue from the company was R $ 4.6 billion in the 1st quarter of 2025, with a 44% increase in fixed income revenues

The investment advisory company registered adjusted net profit of R $ 1.236 billion in the 1st quarter of 2025, growth of 20% over the same period of 2024. The balance was disclosed on Tuesday (20.MAI.2025). This is a (PDF – 813 kb).

Total gross revenue reached R $ 4.6 billion, up 7% in the annual comparison, especially the 44% growth in fixed income income.

For the first time, the company’s revenues with fixed income operations exceeded variable income in the retail segment.

Total assets in custody totaled R $ 1,328 trillion, up 13% in 12 months.

The active customer base rose 2%to 4.7 million. The number of advisors was stable at 18.1 thousand.

The company also announced this Thursday the launch of a new stock repurchase program in the amount of up to R $ 1 billion.

The action repurchase programs contributed to increasing profit per share of XP, which rose 24% in the 1st quarter compared to the previous year, reaching R $ 2.29.

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