Earnings Alerts

XP Inc. Records Impressive XP Earnings with 3Q Net Inflows Rising to R$48B

By October 25, 2023 No Comments
  • XP Inc. reported a significant increase in its 3Q net inflows, which reached R$48 billion. This is a 37% increase compared to the same period last year.
  • The number of active clients of XP Inc. has also grown, reaching 4.4 million. This is a 16% increase year over year.
  • The company’s credit portfolio has expanded as well, reaching R$19.9 billion. This is a 22% increase year over year.
  • XP Inc. received 8 buy ratings, 3 hold ratings, and 0 sell ratings.

A look at XP Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

XP Inc is an investment management company based in Brazil. The company offers a wide range of products and services, including fixed income, equities, investment funds, and private pension products, as well as wealth management and other financial services. According to the Smartkarma Smart Scores, XP’s outlook looks promising with a score of 4 for both Growth and Momentum, indicating that the company is likely to experience strong growth and positive developments in the long-term. XP also has a score of 2 for both Value and Resilience, suggesting that the company is likely to remain stable and offer good value for money over the long-term. However, XP has a score of 1 for Dividend, indicating that it may not be a great option for investors looking for regular dividend payments.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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