XP
XP Inc.16.56
-1.03-5.86%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms guidance; Banco Master retention strong.
Q&A largely reaffirmed prepared remarks on 2025 results and 2026 guidance, with management confidently holding revenue targets of BRL 22.8-26.8 billion (17%+ growth) and quarterly retail net new money at BRL 20 billion, driven by internal levers rather than market tailwinds. Incremental nuggets included a 2033 ambition for #1 investment market share via third-wave segmentation, >85% retention of Banco Master inflows (beating normal 70-75%), and CVM's order internalization as a boon for RRP/market making. Corporate & Issuer Services growth seen sustainable; taxes higher from mix shift. NPS dip deemed temporary. Q&A adds color but no walk-backs. Guidance sticks.
Key Stats
Market Cap
8.59BP/E (TTM)
9.57Basic EPS (TTM)
1.73Dividend Yield
0.08%BRBI
BRBI BR Partners S.A.
13.58-0.76
FRGE
Forge Global Holdings, Inc.
44.45+0.10
GS
Goldman Sachs Group, Inc. (The)
879.15-10.44
LPLA
LPL Financial Holdings Inc.
367.97-5.46
MKTX
MarketAxess Holdings, Inc.
179.47+0.27
MS
Morgan Stanley
176.51-1.28
OPY
Oppenheimer Holdings, Inc.
73.27+0.84
VINP
Vinci Compass Investments Ltd.
13.20-0.04
VIRT
Virtu Financial, Inc.
33.85+0.47
XYF
X Financial
6.63-0.25