Inter & Co, Inc. (INTR) financial statements: income statement, balance sheet and cash flow
Inter & Co, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Inter & Co, Inc. reported revenue of $8.4B (+31.3% year on year) and net income of $1.4B (+43.6% year on year).
Income statement
Inter & Co, Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Interest income
$8.6B
$5.1B
$4.5B
$2.8B
Interest expense
($6.0B)
($3.3B)
($2.9B)
($2.0B)
Income from securities and derivatives
$3.6B
$2.6B
$1.5B
—
Net interest income and income from securities, derivatives and foreign exchange
$6.3B
$4.5B
$3.2B
$829.8M
Net revenues from services and commissions
$2.0B
$1.8B
$1.3B
—
Cost of sales
($182.2M)
($143.4M)
($135.6M)
—
Other revenue
$301.2M
$333.6M
$375.7M
$388.5M
Revenues
$8.4B
$6.4B
$4.8B
$3.6B
Impairment losses on financial assets
($2.4B)
($1.8B)
($1.5B)
($1.1B)
Administrative expenses
($2.2B)
($1.8B)
($1.5B)
($1.7B)
Personnel expenses
($1.1B)
($937.8M)
($790.7M)
($733.6M)
Tax expense other than income tax expense
($728.7M)
($477.0M)
$326.6M
—
Depreciation and amortization
($340.7M)
($208.8M)
($160.4M)
($164.0M)
Income from equity interests in associates
$0
($2.5M)
($32.0M)
($17.4M)
Income before income tax
$1.6B
$1.2B
$439.8M
($178.6M)
Income tax
($226.9M)
($232.7M)
($87.6M)
$164.5M
Net income for the year
$1.4B
$972.8M
$352.3M
($14.1M)
Owners of the Company
$1.3B
$907.1M
$302.3M
($11.1M)
Non-controlling interest
($84.9M)
$65.7M
$49.9M
($3.0M)
Basic earnings (loss) per share
$2.98
$2.08
$0.75
-$0.03
Diluted earnings (loss) per share
$2.96
$2.07
$0.75
-$0.03
Inter & Co, Inc. income statement, quarters
Line item
Sep 30, 2023 · YTD
Interest income
$3.3B
Interest expenses
($2.1B)
Net interest income
$1.1B
Revenues from services and commissions
$928.7M
Expenses from services and commissions
($99.7M)
Net result from services and commissions
$829.0M
Income from securities
$1.2B
Gains (losses) on change in fair value of derivatives
($5.8M)
Total
$278.5M
Net revenues
$3.4B
Impairment losses on financial assets
($1.2B)
Other administrative expenses
$1.3B
Personnel expenses
($569.3M)
Depreciation and amortization
($119.3M)
Profit (loss) before tax
$262.1M
Income from equity interests in associates
($30.6M)
Profit (loss) before income tax
$231.6M
Current tax expense (income)
($216.0M)
Deferred income tax and social contribution
$177.0M
Income tax benefit
($39.0M)
Profit (loss) for the period
$192.6M
Owners of the Company
$151.4M
Non-controlling interest
$41.1M
Basic earnings (loss) per share
$0.38
Diluted earnings (loss) per share
$0.38
Balance sheet
Inter & Co, Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$3.8B
$1.1B
$4.3B
$1.3B
Loans and advances to banks
$4.6B
$6.2B
$3.7B
$4.3B
Mandatory reserve deposits at central banks
$7.9B
$5.3B
$2.7B
$2.9B
Financial assets
$29.0B
$23.9B
$16.9B
$12.4B
Derivative financial assets
$58.9M
$563.0K
$4.2M
$0
Loans and advances to customers, net of provisions for expected loss
$45.3B
$33.3B
$27.9B
$21.4B
Non-current assets held for sale
$366.4M
$234.6M
$174.4M
$166.9M
Equity accounted investees
$10.4M
$10.4M
$90.6M
$72.1M
Property, plant and equipment
$381.4M
$369.9M
$167.5M
$188.0M
Intangible assets and goodwill
$2.0B
$1.8B
$1.3B
$1.2B
Deferred tax assets
$1.8B
$1.7B
$1.0B
$978.1M
Other assets
$3.5B
$2.5B
$2.1B
$1.4B
Total assets
$98.6B
$76.5B
$60.4B
$46.3B
Deposits from banks accrued payable and repurchase agreements and cash collateral on securities lent
$14.6B
$11.3B
$9.5B
$7.9B
Deposits from customers
$54.9B
$42.8B
$32.7B
$23.6B
Securities issued.
$14.1B
$9.9B
$8.1B
$6.2B
Derivative financial liabilities
$54.1M
$70.0M
$15.1M
$37.8M
Borrowings
$817.5M
$128.9M
$107.4M
$36.4M
Tax liabilities
$675.4M
$462.5M
$288.0M
$114.5M
Income tax and social contribution
$140.1M
$111.9M
$75.3M
$52.4M
Other tax liabilities
$815.5M
$574.4M
$363.3M
$166.9M
Other provisions
$265.5M
$151.7M
$70.5M
$57.4M
Deferred tax liabilities
$40.9M
$61.5M
$32.5M
$30.1M
Other liabilities
$2.6B
$2.4B
$1.9B
$1.2B
Total liabilities
$88.2B
$67.4B
$52.8B
$39.3B
Issued capital
$13.0K
$13.0K
$13.0K
$13.0K
Other Reserves Excluding Accumulated Other Comprehensive Income
$11.0B
$9.8B
$8.1B
$7.8B
Other comprehensive loss
($801.6M)
($898.8M)
($675.5M)
($825.3M)
Equity attributable to owners of the Company
$10.2B
$8.9B
$7.5B
$7.0B
Non-controlling interests
$223.4M
$177.1M
$124.9M
$96.7M
Total equity
$10.4B
$9.1B
$7.6B
$7.1B
Total liabilities and equity
$98.6B
$76.5B
$60.4B
$46.3B
Inter & Co, Inc. balance sheet, quarters
Line item
Sep 30, 2023
Cash and cash equivalents
$4.3B
Amounts due from financial institutions
$3.5B
Compulsory deposits at Central Bank of Brazil
$2.2B
Securities
$14.9B
Derivative financial assets
$9.4M
Loans and advances to customers, net of provisions for expected loss
$25.3B
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners
$169.3M
Investments accounted for using equity method
$71.9M
Property, plant and equipment
$173.7M
Intangible assets and goodwill
$1.3B
Deferred tax assets
$1.1B
Other assets
$2.1B
Assets
$55.1B
Liabilities with financial and similar institutions
$9.4B
Liabilities with customers
$29.1B
Securities issued
$7.5B
Derivative financial liabilities
$21.1M
Borrowing and onlending
$87.6M
Income tax and social contribution
$274.5M
Other tax liabilities
$58.4M
Tax liabilities
$332.8M
Other provisions
$35.0M
Deferred tax liabilities
$28.9M
Other liabilities
$1.3B
Liabilities
$47.7B
Share capital
$13.0K
Reserves
$8.0B
Other comprehensive income
($729.4M)
Treasury shares
-8.4M
Equity attributable to owners of the Company
$7.3B
Non-controlling interests
$107.9M
Equity
$7.4B
Equity and liabilities
$55.1B
Cash flow statement
Inter & Co, Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Profit (loss)
$1.4B
$972.8M
$352.3M
($14.1M)
Depreciation and amortization
$340.7M
$208.8M
$160.4M
$164.0M
Result of equity interests in associates
$0
$2.5M
$32.0M
$17.4M
Impairment losses on financial assets
$2.4B
$1.8B
$1.5B
$1.1B
Expenses with provisions for contingencies
$56.0M
$49.1M
$38.6M
$25.9M
Adjustments for income tax and social contribution
($78.0M)
$232.7M
$87.6M
—
Provisions/ (Reversals) for loss of assets
$0
($53.0M)
($42.2M)
$5.2M
Capital gains (losses)
$23.5M
($55.5M)
($41.8M)
($66.4M)
Provision for performance fees
($41.6M)
($73.7M)
($135.3M)
($150.4M)
Effect of the exchange rate variation on cash and cash equivalents
($136.3M)
($134.4M)
($88.7M)
$0
Deposits at Central Bank of Brazil
($2.6B)
($2.6B)
$190.4M
($455.3M)
Loans and advances to customers
($14.2B)
($7.2B)
($8.1B)
($5.9B)
Amounts due from financial institutions
$1.6B
($1.7B)
$540.4M
($2.2B)
Securities
($429.4M)
($296.3M)
$70.6M
($602.5M)
Derivative financial assets
($58.4M)
$3.7M
($4.2M)
$86.9M
Non-current assets held for sale
($151.9M)
($60.3M)
($7.4M)
($37.1M)
Other assets
($899.7M)
($494.3M)
($341.9M)
($318.7M)
Deposits from banks
$3.3B
$966.0M
$1.6B
$2.6B
Deposits from customers
$12.1B
$10.2B
$9.0B
$5.3B
Securities issued
$4.2B
$1.8B
$1.9B
$2.6B
Derivative financial liabilities
$121.2M
($90.3M)
($22.7M)
($28.8M)
Borrowings and on-lending
$688.6M
($282.1M)
$69.7M
$11.4M
Tax liabilities
$523.9M
$207.5M
$178.9M
$119.9M
Provisions
($62.2M)
$26.5M
($25.6M)
($21.3M)
Other liabilities
$168.3M
$852.8M
$799.8M
$216.5M
Income tax paid
($509.6M)
($442.0M)
($263.4M)
($138.1M)
Net cash from operating activities
$7.7B
$3.8B
$7.5B
$2.1B
Cash flows used in obtaining control of subsidiaries or other businesses
$0
($81.7M)
($62.4M)
($546.0M)
Purchase of property, plant and equipment
($109.6M)
($82.0M)
($17.9M)
($27.7M)
(Acquisition) of financial assets at FVOCI
($460.5M)
($427.7M)
($256.2M)
($251.4M)
Proceeds from sale of financial assets at FVOCI
$9.8B
$17.7B
$19.4B
$8.0B
(Acquisition) of financial assets at amortized cost
$5.7B
$11.0B
$14.9B
$9.2B
Proceeds from sale of financial assets at amortized cost
($249.5M)
($554.5M)
$680.4M
$582.1M
Proceeds from sale of financial assets at FVTPL
$26.2M
$98.9M
$818.6M
$126.2M
Net cash used in investing activities
($4.9B)
($7.7B)
($4.7B)
($50.8M)
Increase (decrease) of capital in cash flow from financing activities
$0
$823.0M
—
—
Cost associated with issuing capital securities
$0
($38.8M)
—
—
Dividends paid
($243.7M)
($82.1M)
($23.6M)
($75.9M)
Payments to acquire or redeem entity's shares
-27.1M
-19.0M
-16.4M
0
Resources to non-controlling interest
$1.4M
($191.0K)
—
—
Net cash from (used in) financing activities
($269.4M)
$683.0M
($38.7M)
($1.2B)
Increase/(Decrease) in cash and cash equivalents
$2.6B
($3.3B)
$2.8B
$831.4M
Cash and cash equivalents at the beginning of the fiscal year
$1.1B
$4.3B
$1.3B
$500.4M
Effect of the exchange rate variation on cash and cash equivalents
$136.3M
$134.4M
$88.7M
($217.0K)
Cash and cash equivalents at December 31
$3.8B
$1.1B
$4.3B
$1.3B
Inter & Co, Inc. cash flow statement, quarters
Line item
Sep 30, 2023 · YTD
Profit (loss)
$192.6M
Adjustments for depreciation and amortisation expense
$119.3M
Adjustments for undistributed profits of associates
$30.6M
Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss
$1.2B
Adjustments for provisions
$27.1M
Adjustments for deferred tax expense
$216.0M
- Current income tax and social contribution
($177.0M)
- Provisions for loss of assets
($20.6M)
Adjustments For Other capital gains (losses)
($34.4M)
Adjustments for Provision for performance income
($104.8M)
Adjustments for unrealised foreign exchange losses (gains)
($67.8M)
Compulsory deposits at Central Bank of Brazil
$663.9M
Loans and advances to customers, net of provision for expected loss
($5.1B)
Amounts due from financial institutions
$784.6M
Securities
$443.7M
Derivative financial assets
($9.4M)
Non-current assets held for sale
($2.4M)
Other assets
($424.3M)
Liabilities with financial institutions
$1.5B
Liabilities with customers
$5.4B
Securities issued
$1.3B
Derivative financial liabilities
($16.7M)
Borrowing and onlending
$50.4M
Tax liabilities
$130.8M
Provisions
($49.5M)
Other liabilities
$112.5M
Income tax paid
($180.8M)
Net cash from operating activities
$6.0B
Capital increase in afilliate
$11.6M
Acquisition of investments, net of cash acquired
($14.4M)
Acquisition of property and equipment
($13.0M)
Proceeds from sale of property and equipment
$0
Acquisition of intangible assets
($194.2M)
Acquisition of financial assets at FVOCI
($15.7B)
Proceeds from sale of financial assets at FVOCI
$12.8B
Acquisition of financial assets at FVTPL
($590.2M)
Proceeds from sale of financial assets at FVTPL
$730.1M
Net cash used in investing activities
($3.0B)
Dividends and interest on shareholders' equity paid
($19.7M)
Repurchase of treasury shares
-16.4M
Payment to shareholders of subsidiary
$0
Acquisition of fund's shares
-10.2M
Net cash used in financing activities
($46.4M)
Increase in cash and cash equivalents
$2.9B
Cash and cash equivalents at the beginning of the period