#Brazil #São Paulo #digital banking #Financial Growth #Agibank

Agibank's Impressive Financial Performance in the First Half of 2025

Agibank, a pioneering digital bank in Brazil, has unveiled noteworthy financial results for the first half of 2025, showcasing robust growth and consistent operational excellence. The bank reported a net income of BRL 651.7 million, marking a remarkable 47.9% increase when compared to the same period in the previous year. This growth is largely attributed to a 57.5% surge in its loan portfolio, which now stands at BRL 30.1 billion.

Exceptional Return on Equity

Agibank recorded a return on average equity (ROAE) of 43.9% over the past twelve months. This impressive figure demonstrates the bank's effective strategies in fostering quality growth while maximizing efficiency. With a considerable rise in its active customer base, now totaling 5.6 million – representing an astonishing 74.0% increase year-over-year – Agibank is thriving in a competitive market.

Notably, Agibank maintained a high Net Promoter Score (NPS) of 73 points, reflecting strong customer satisfaction and loyalty. The originations of loans throughout this period were entirely facilitated through the bank's proprietary channels. This approach has not only bolstered their market standing but has also kept delinquency rates under control, concluding June with only 2.8% of loans past due over 90 days, alongside a solid coverage ratio.

Payroll Loan Market Growth

The bank's proactive strategies are evident in its enhanced share of the payroll loan market, which reached 7.9% of outstanding operations—an increase of 260 basis points compared to 2024. This growth trajectory illustrates Agibank’s commitment to expanding its footprint in this lucrative segment.

On the funding side, Agibank executed critical transactions, including raising BRL 2 billion with its first FIDC (Financial Investment Fund), highlighting demand three times that of supply, and securing an AAA.br rating. Additionally, the bank issued BRL 4 billion in securitized debentures, showcasing its aptitude in maintaining a diverse funding strategy.

Efficiency and Regulatory Compliance

Agibank's efficiency ratio stood at a notable 40.9%, an enhancement of 5.0 percentage points compared to the previous year. This improvement is primarily due to scale advantages and disciplined cost management practices. The bank's Basel ratio concluded the first half at 15.0%, with a Common Equity Tier 1 (CET1) ratio of 13.4%, exceeding regulatory requirements.

Forward-Looking Strategies

Glauber Corrêa, the CEO of Agibank, expressed confidence in the bank's hybrid model, stating that it leverages proprietary data and technology to achieve rapid growth while ensuring customer relationships and portfolio quality are prioritized. The company's strategic positioning aims to capture more value in the secured lending market, recognized as underserved by both traditional banks and digital-first organizations.

According to CFO and Head of Investor Relations, Marcello Dubeux, Agibank's successful combination of proprietary loan origination, conservative risk management, and competitive funding has positioned the bank well, even amidst a challenging macroeconomic landscape. He emphasized the ongoing improvement in efficiency and revenue diversification, reinforcing Agibank's capability to maintain its growth momentum and create sustainable value for shareholders.

Conclusion

With a solid foundation and clear growth strategy, Agibank is well-equipped to continue expanding its influence in the banking sector during the latter half of 2025. The bank remains committed to serving its customer base with a unique approach that blends high-quality digital services with personalized in-person interactions.