Inter & Co, Inc.
INTR · Commercial Banks, NEC · EDGAR filings ↗
Grade
B70Scaling Brazilian digital bank with strong earnings growth but still mid-pack returns.
Strengths
- Net income more than doubled (net_income_growth 92.3th pct), demonstrating operating leverage
- Very high gross margin (97.7th pct) and strong cash generation (FCF margin 97th pct), low leverage
Risks
- ROE ~10.7% (56th pct) and ROA ~1.3% (64th) are only average for a bank — not top-quartile
- Heavy exposure to Brazilian macro, rate and regulatory volatility; dual-class control (~78% votes)
Notable findings
- Strong balance sheetStrong balance sheet — $179M cash & investments
Key metrics
Gross margin
97.8%
Net margin
15.2%
Return on equity
10.7%
Return on assets
1.3%
Revenue growth (QoQ)
5.7%
Net-income growth
116.7%
Debt / equity
0.0×
Free cash flow
$595M
Tangible book value
$1.5B
Cash & investments
$179M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-30 | 2025-12-31 | 0002070979-26-000185 ↗ |
| 20-F | 2025-04-30 | 2024-12-31 | 0001628280-25-020965 ↗ |
| 20-F | 2024-04-30 | 2023-12-31 | 0001628280-24-019386 ↗ |
| 20-F | 2023-04-28 | 2022-12-31 | 0001628280-23-014055 ↗ |
| 20-F | 2022-05-02 | 2021-12-31 | 0001104659-22-054656 ↗ |