XP Investimentos

XP, Inc. engages in the operation of technology-driven financial services platform. The firm provides customers with two principal types of offerings, financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors. he company was founded by Guilherme Dias Fernandes Benchimol in 2001 and is headquartered in Vila Olimpia, Brazil.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

XP Investimentos excels in Q1 2024, eyes growth opportunities

XP Investimentos delivered strong financial results in Q1 2024, showcasing growth in revenue, net new money, and operational efficiency. The company's strategic initiatives to enhance service offerings, control costs, and focus on client experience position it well for future growth. Despite facing macroeconomic challenges, XP remains confident in its 2024 plan and market positioning.

XP Investimentos excels in Q2 with record revenue and client growth

XP Investimentos delivered impressive Q2 results with robust financial performance across key metrics and business segments.
The company's strategic focus on retail and corporate client growth, coupled with efficient cost management, underpins its success.
While challenges like regulatory changes and cost control persist, XP Investimentos is well-positioned to capitalize on growth opportunities.
Overall, XP's strong performance, capital management, and strategic roadmap signal a positive outlook for future growth and profitability.

XP Investimentos excels in Q3 earnings, eyes retail growth

XP Investimentos reported robust financial results in Q3 2024, driven by strong revenue growth and increased client assets and adviser numbers.
The company's emphasis on capital discipline, efficient allocation, and cross-selling initiatives underscore its commitment to sustainable growth and shareholder value.
While facing challenges in a dynamic market environment, XP has opportunities to leverage its strengths in retail investments and diversification to drive future success.

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SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 1Q21 KPIs. Assets Under Custody (in R$ billion) Total AUC reached R$715 billion at March 31, up 96% year-over-year and 8% quarter-over-quarter. Year-over-year growth was driven by R$252 billion of net inflows and R$97 billion of market appreciation. Through a very challenging twelve-month period since the outbrea

XP Inc. Reaches R$715 Billion AUC and 3.0 Million Active Clients; NPS Record Of 74

SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its first quarter 2021 financial results on Tuesday, May 4, 2021 at 5:00pm ET (6:00pm BRT). A press release with first quarter 2021 financial results will be issued after the market closes the same day. To participate in the earnings webcast please subscribe a

XP Inc. to Announce First Quarter 2021 Results and Host Webcast After Market Close on Tuesday, May 4, 2021

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that Guilherme Benchimol will take on the new role of Executive Chairman to focus his attention on developing new growth and expansion initiatives, starting on May 12th. Thiago Maffra, Chief Technology Officer, has led the digital transformation of XP and is being promoted to CEO to manage the company.

Guilherme Benchimol Assumes Executive Chairman Role to Lead Key Growth & Strategic Initiatives for the Next Evolution of XP Inc; Thiago Maffra (CTO) Will Be Named CEO

XP Inc. (XP) Management on Q4 2020 Results - Earnings Call Transcript

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (NASDAQ:XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the fourth quarter of 2020 and for the year ended December 31, 2020. To our shareholders: The events of 2020 were certainly demanding for all of us around the world. Faced with a pandemic of unimaginable proportions, we collectively became more resilient, sup

XP Inc. Reports 4Q20 Financial Results

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its fourth quarter 2020 financial results on Tuesday, February 23, 2021 at 5:00pm ET (7:00pm BRT). A press release with fourth quarter 2020 financial results will be issued after the market closes the same day. To participate in the earnings webcast pl

XP Inc. to Announce Fourth Quarter 2020 Results and Host Webcast After Market Close on Tuesday, February 23, 2021

SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today, following the press release issued on November 27, 2020, that it has entered into two agreements as the consenting party in connection with the spin-off by Itaú Unibanco Holding S.A. of its investment in XP through the corporate reorganization announced by Itaú Unibanco Holding S.A. on December 31, 2020 (the “Corpor

XP Inc. (“XP”) Agrees to Terms With Itaú in Connection With Itaú's Spin-Off of Its Investment in XP

SÃO PAULO, Brazil--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today 4Q20 KPIs and provided an update on the Company's collateralized credit business. Assets Under Custody (in R$ billion) Total AUC reached R$660 billion at December 31, up 61% year-over-year and 17% quarter-over-quarter. Year-over-year growth was driven by R$198 billion of net inflows and R$5

XP Inc. Reaches R$660 Billion AUC and 2.8 Million Active Clients

SÃO PAULO, Brazil, Dec. 24, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP). XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of Riza M&A, an independent financial advisory company. Riza has one of the most seasoned and respected teams in the segment, with experience in important financial institutions and active participation in some of the most relevant M&A transactions over the last decades. Riza's partners, among them Marco Gonçalves and André Quaresma, will join XP Inc.'s M&A team, enhancing XP's capabilities to better serve our corporate clients.

XP Inc. Acquires Riza M&A

SÃO PAULO, Brazil, Dec. 07, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the closing of its underwritten public offering of 31,654,894 Class A common shares, 7,130,435 of which were issued and sold by the Company and 24,524,459 of which were sold by ITB Holding Brasil Participações Ltda. at a public offering price of US$39.00 per share. The offering was made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).

XP Inc. Announces Closing of Public Follow-On Offering

SÃO PAULO, Brazil, Dec. 02, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the pricing of an underwritten public offering of 31,654,894 Class A common shares, 7,130,435 of which are being offered by the Company and 24,524,459 of which are being offered by ITB Holding Brasil Participações Ltda. at a public offering price of US$39.00 per share. The offering is being made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).  

XP Inc. Announces Pricing of Public Follow-On Offering

SÃO PAULO, Brazil, Nov. 30, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP) announced today the commencement of an underwritten public offering of 27,567,485 Class A common shares, 7,130,435 of which are being offered by the Company and 20,437,050 of which are being offered by ITB Holding Brasil Participações Ltda. pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). In connection with the offering, XP and the selling shareholder intend to grant the underwriters the option to purchase up to 4,135,122 additional Class A common shares.

XP Inc. Announces Proposed Public Follow-On Offering

SÃO PAULO, Brazil, Nov. 27, 2020 (GLOBE NEWSWIRE) -- XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, today commented, following the material fact released to the market on November 26, 2020, or the material fact, by Itaú Unibanco Holding S.A., or Itaú, in which Itaú communicated (i) the approval by its board of directors of the spin-off of its investment in XP, which will be segregated into a newly formed company, or Newco, whose only assets would be common shares of XP representing 41.05% of XP's share capital, and (ii) the potential sale by Itaú of 5% of XP's share capital, as previously communicated by Itaú on November 3, 2020, that XP has initiated studies on possible corporate structures that seek to maintain the interests of Itaú aligned with those of XP and their respective shareholders and agree on any necessary changes to XP's corporate governance to allow for the implementation of such structures.

XP Inc. Comments on November 26, 2020 Announcement by Itaú Unibanco Holding S.A.

SÃO PAULO, Nov. 26, 2020 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company") advises its shareholders and the market in general that in line with the Material Fact disclosed on November 3, 2020, it has concluded internal discussions about the future of its investment...

Material Fact: The future of its investment in XP Inc.

XP went public in December 2019, raising $2 billion in gross proceeds for itself and selling shareholders. The firm provides a range of financial services to retail and institutional clients in Brazil.

XP Shows Resilience And Ambitions For Further Growth

XP's (XP) Management on Q3 2020 Results - Earnings Call Transcript

SÃO PAULO, Brazil, Nov. 09, 2020 (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the third quarter of 2020.

XP Inc. Reports 3Q20 Financial Results

SÃO PAULO, Brazil, Oct. 28, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by XP Inc. (Nasdaq: XP), please note the time of the webcast in BRT has been corrected from 6:00pm BRT to 7:00pm BRT. The corrected release follows:

CORRECTION -- XP Inc. To Announce Third Quarter 2020 Results and Host Webcast After Market Close on Monday, November 9, 2020

SÃO PAULO, Brazil, Oct. 28, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its third quarter 2020 financial results on Monday, November 9, 2020 at 5:00pm ET (6:00pm BRT). A press release with third quarter 2020 financial results will be issued after the market closes the same day.

XP Inc. To Announce Third Quarter 2020 Results and Host Webcast After Market Close on Monday, November 9, 2020

SÃO PAULO, Brazil, Oct. 14, 2020 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today 3Q20 KPIs, including Assets Under Custody, Net Inflow, Active Clients, Retail Equity DARTs and NPS.

XP Inc. Reaches R$563 Billion Total AUC and 2.6 million Active Clients in September 2020

SÃO PAULO, Brazil, Sept.  14, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the elimination of brokerage fees for online stock trades at Rico, our online-only solution for self-directed investors, and a reduction of 75% at XP Direct (B2C) for the same type of trades.

XP Inc. Reduces Pricing for Online Trading by Eliminating Stock Brokerage Fees at Rico and Reducing XP Direct Fees by 75%

SÃO PAULO, Brazil, Sept.  11, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the company has formed a partnership in the Wealth Management segment with a group of experienced private bankers that are former executives of Credit Suisse Hedging-Griffo. XP Inc. will hold a 49.9% minority stake in the company, with the transaction complementing the existing offering to ultra-high-net-worth individuals. Further, the partnership reinforces XP’s mission of attracting talented and long-term oriented entrepreneurs to our ecosystem.

XP Inc. Announces Wealth Management Partnership

SÃO PAULO, Brazil, Aug.  11, 2020  (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading, technology-driven financial services platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the second quarter of 2020.

XP Inc. Reports 2Q20 Financial Results

XP earnings are on tap late Tuesday with the Brazilian brokerage IPO stock not far from record highs. XP stock rose modestly intraday.

XP Earnings Due With Leading IPO Stock Near Highs

SÃO PAULO, Brazil, July  28, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its second quarter 2020 financial results on Tuesday, August 11, 2020 at 5:00pm ET (6:00pm BRT). A press release with second quarter 2020 financial results will be issued after the market closes the same day.

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