PagBank reports net revenue of R$5.1 billion and recurring net income of R$565 million in 2Q25

Banking revenue up 61% y/y, now representing 26% of gross profit

 

SÃO PAULO, Aug. 14, 2025 /PRNewswire/ -- Pagbank (NYSE: PAGS), a leading digital bank offering a comprehensive suite of financial services and payment solutions – always searching to make the financial lives of people and businesses easier – closed the second quarter of 2025 (2Q25) with net revenue of R$5.1 billion, recording growth of 18% when excluding the foreign exchange effect. The results were driven by the strong performance of the banking segment, which grew 61% in the period. Recurring net income reached R$565 million (+4% y/y) and reported net income was R$537 million (+7% y/y), with a return on equity (ROE) of 14.5%. Gross profit totaled R$1.9 billion, up 7% year-over-year, within the guidance range.

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