PagBank Reports Strong Financial Growth with R$5.1 Billion Revenue in Q2 2025

PagBank Reports Impressive Financial Results for Q2 2025

PagBank (NYSE: PAGS), recognized as a leading digital bank, has published its financial results for the second quarter of 2025, revealing significant advancements in revenue and profit generation. The bank recorded net revenue of R$5.1 billion, reflecting a formidable year-on-year growth of 18% when excluding the impact of currency fluctuations. This growth has been primarily driven by a remarkable 61% increase in its banking segment, which has now constituted 26% of the bank's gross profit.

In terms of profitability, the recurring net income reached R$565 million, indicating a year-on-year increase of 4%. Additionally, the total net income was reported at R$1.9 billion, a rise of 7% compared to the previous year, showcasing the bank's ability to maintain profitability amid challenging economic conditions. The return on equity (ROE) for this quarter stood at 14.5%, which signals a healthy performance for shareholders.

Artur Schunk, the Chief Financial Officer of PagBank, expressed confidence in the bank's trajectory, stating, "Our Q2 2025 results reinforce that we are on the right path of sustainable growth and profitability, continuously adding value for our shareholders, even in a complex economic landscape." The bank anticipates delivering an estimated return of 18% to its shareholders, factoring in dividends and the share buyback programs that have been announced.

PagBank's financial robustness is marked by total funding reaching R$43 billion, which indicates a 9% year-on-year improvement. The deposits soared to R$37.2 billion, again up by 9% year-on-year and 10% quarter-on-quarter. Furthermore, the expanded credit portfolio appreciated to R$48 billion (+11% year-on-year), indicating a strong position in the banking sector, particularly with low-risk and high engagement products.

Alexandre Magnani, the CEO of PagBank, emphasized the continued evolution of the business platform, stating, "We are an integral digital bank, focusing on innovation and excellence. For the second half of the year, we maintain an optimistic outlook guided by disciplined business execution and an ongoing quest for new opportunities."

In the past 12 months, PagBank has allocated R$1.9 billion towards dividends and share buybacks, with further dividend payments expected in the second half of 2025, contingent on market conditions, the bank's financial performance, and board approvals.

With an extensive client base of 33 million, PagBank sees substantial potential in transactional banking, particularly through platforms like Pix, deposits, and credit products. CEO Magnani concluded with a vision for the future: "We are building the bank of tomorrow, a platform designed to simplify our clients' financial management through a unified interface, leveraging artificial intelligence and Open Finance to provide an increasingly comprehensive and personalized customer experience."

For those interested in examining the detailed financial statements of PagBank for Q2 2025, additional information is available through their official communication channels.

PagBank continues to be a pioneer in innovative solutions for financial services and payment processes, simplifying transactions for individuals and businesses alike in a safe and efficient manner. As part of the UOL Group—a leader in Brazil’s internet sector—PagBank operates under stringent regulations of the Central Bank of Brazil and offers a plethora of online and physical payment solutions.

With these advancements, PagBank reaffirms its commitment to enhancing its clients' financial experiences, establishing itself firmly in the Brazilian banking landscape while anticipating further growth opportunities in the digital space.