XP Investimentos

XP, Inc. engages in the operation of technology-driven financial services platform. The firm provides customers with two principal types of offerings, financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors. he company was founded by Guilherme Dias Fernandes Benchimol in 2001 and is headquartered in Vila Olimpia, Brazil.

Earnings data Q1 2021

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XP Investimentos excels in Q1 2024, eyes growth opportunities

XP Investimentos delivered strong financial results in Q1 2024, showcasing growth in revenue, net new money, and operational efficiency. The company's strategic initiatives to enhance service offerings, control costs, and focus on client experience position it well for future growth. Despite facing macroeconomic challenges, XP remains confident in its 2024 plan and market positioning.

XP Investimentos excels in Q2 with record revenue and client growth

XP Investimentos delivered impressive Q2 results with robust financial performance across key metrics and business segments.
The company's strategic focus on retail and corporate client growth, coupled with efficient cost management, underpins its success.
While challenges like regulatory changes and cost control persist, XP Investimentos is well-positioned to capitalize on growth opportunities.
Overall, XP's strong performance, capital management, and strategic roadmap signal a positive outlook for future growth and profitability.

XP Investimentos excels in Q3 earnings, eyes retail growth

XP Investimentos reported robust financial results in Q3 2024, driven by strong revenue growth and increased client assets and adviser numbers.
The company's emphasis on capital discipline, efficient allocation, and cross-selling initiatives underscore its commitment to sustainable growth and shareholder value.
While facing challenges in a dynamic market environment, XP has opportunities to leverage its strengths in retail investments and diversification to drive future success.

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SÃO PAULO, Brazil, July  28, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its second quarter 2020 financial results on Tuesday, August 11, 2020 at 5:00pm ET (6:00pm BRT). A press release with second quarter 2020 financial results will be issued after the market closes the same day.

XP Inc. to Announce Second Quarter 2020 Results and Host Webcast After Market Close on Tuesday, August 11, 2020

SÃO PAULO, Brazil, July  22, 2020  (GLOBE NEWSWIRE) -- Consistent with our commitment of transparency, XP Inc. (Nasdaq: XP) is providing additional information about Independent Financial Advisor (“IFA”) channel activity in Brazil in order to clarify a few concepts and improve the overall market understanding on the subject. IFAs provide investment advisory services and we believe has significant room for growth, with hundreds of thousands branch managers all over Brazil increasingly seeking to become entrepreneurs.

XP Inc. Provides Data on IFA Activity in Brazil

SÃO PAULO, Brazil, July  20, 2020  (GLOBE NEWSWIRE) -- During the last ten years XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, created one of the most important investment events in Brazil named “Expert”. Like in previous years, Expert 2019 took place in a large venue in São Paulo, attracting more than 30,000 participants. However, in 2020, under the global pandemic, XP reinvented Expert by creating a completely new concept for its 10th edition during one of the most challenging times in our history.

Expert 2020 Impacted More Than Five Million People

SÃO PAULO, Brazil, July  07, 2020  (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP), announced today the closing of an underwritten public offering of 22,465,733 Class A common shares offered by General Atlantic (XP) Bermuda, L.P. and XP Controle Participações S.A. at a public offering price of $42.50 per share, which includes the full exercise of the underwriters’ option to purchase an additional 2,930,313 Class A common shares from the selling shareholders.

XP Inc. Announces Closing of Public Secondary Offering of Class A Common Shares and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

SÃO PAULO, Brazil, July  02, 2020  (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP), announced today the pricing of an underwritten public offering of 19,535,420 Class A common shares offered by General Atlantic (XP) Bermuda, L.P. and XP Controle Participações S.A. at a public offering price of $42.50 per share.

XP Inc. Announces Pricing of Public Secondary Offering of Class A Common Shares

SÃO PAULO, Brazil, June  29, 2020  (GLOBE NEWSWIRE) -- XP Inc., or XP (Nasdaq: XP), announced today the commencement of an underwritten public offering of 19,535,420 Class A common shares to be offered by General Atlantic (XP) Bermuda, L.P and XP Controle Participações S.A. pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). In connection with the offering, the selling shareholders intend to grant the underwriters the option to purchase up to 2,930,313 additional Class A common shares.

XP Inc. Announces Proposed Public Secondary Offering of  Class A Common Shares

SÃO PAULO, Brazil, June  29, 2020  (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today the preliminary estimated financial results for the second quarter of 2020. The second quarter of 2020 has not ended yet and therefore our financial results for the three months ending June 30, 2020 are not yet finalized. The following information reflects our preliminary estimated results for this period:

XP Inc. Announces Preliminary Estimated 2Q20 Financial Results

SÃO PAULO, Brazil, June  24, 2020  (GLOBE NEWSWIRE) --  XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the launch of DuAgro, in association with VERT, the largest Brazilian agribusiness securitizer. The mission is to democratize access to appropriate credit lines for Brazilian rural producers. DuAgro is an integrated platform that utilizes technology to finance the purchase of agricultural inputs. The focus is on small- and medium-sized producers, that account for about 70% of Brazil’s agricultural production. Despite their relevance, these producers still face difficulties in accessing credit, which is provided by a few banks that mostly focus on large rural producers.

XP Inc. and Vert Launch DuAgro to Democratize Credit Access to Rural Producers

SÃO PAULO, Brazil, June  23, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today selected key performance indicators (KPIs) for May 2020. The presented information is unaudited, reflects XP´s management’s current views and is subject to revision.

XP Inc. Provides KPIs Update & Hosts Web Meeting

SÃO PAULO, Brazil, June  19, 2020  (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the creation of an ESG (Environmental, Social and Governance) board and initiatives to provide the best products, services, content and recommendations focused on ESG, in addition to further leveraging the company's internal standards and practices. The Company seeks to lead ESG initiatives in the Brazilian financial markets, democratizing access to content and quality products to customers.

XP Inc. Announces ESG Initiatives

SÃO PAULO, Brazil, June  17, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a business update web meeting on Tuesday, June 23, at 4:00pm ET (5:00pm BRT). Bruno Constantino, Chief Financial Officer and Carlos Lazar, Head of Investor Relations, will provide a business update and the web meeting will conclude with a question and answer session moderated by Felipe Gaspar Salomao, Equity Research Analyst at Citi and Mariana Taddeo, Equity Research Analyst at UBS.

XP Inc. to Host Web Meeting to Provide Business Update

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SÃO PAULO, Brazil, June  15, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the hiring of José Berenguer to lead the expansion of the wholesale bank business. Mr. Berenguer will assume the position of CEO of Banco XP S.A. after a garden leave period and his main objective will be to transform the wholesale segment through the development of innovative products and services, with a focus on generating value through long-term and transparent relationships with customers.

XP Inc. Further Strengthens the Wholesale Bank by Appointing José Berenguer to Lead its Expansion

SÃO PAULO, Brazil, June  10, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the acquisition of DM10, a marketplace that connects hundreds of independent distributors with the best Life Insurance and Pension Plan products, adding value through technology and education. With the transaction, XP enhances its distribution network in the insurance segment. One year after its inception, XP Seguros is the fastest growing company in the sector, according to FenaPrevi, and was the leader in net contributions and rollovers in the pension industry in April 2020. XP believes that it can be one of the market leaders in the next years by democratizing access to superior products and leveraging on its distribution expertise.

XP Inc. Acquires Insurtech DM10 Strengthening Its Presence in the Insurance Sector

SÃO PAULO, Brazil, June  08, 2020  (GLOBE NEWSWIRE) -- XP Inc.  (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announces the acquisition of a majority ownership stake in Fliper, an automated investment consolidation platform that offers its users connectivity and tools to perform intuitive and intelligent financial self-management. The transaction allows XP Inc. to offer its customers additional resources to manage their investments, as the open banking trend continues to accelerate in Brazil.

XP Inc. Acquires Stake in Fintech Fliper in Anticipation of the Ongoing Trend Toward Open Banking

NEW YORK, May 20, 2020 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in XP Inc. ("XP" or the "Company") (NASDAQ:XP) of the May 20, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed...

XP DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In XP Inc. To Contact The Firm

XP Inc. is disrupting the financial services industry in Brazil. There is still a huge growth opportunity ahead given that just 5 banks hold 90% of total AUC.

XP: A Great Equity Story

XP Inc.'s (XP) CEO Guilherme Benchimol on Q1 2020 Results - Earnings Call Transcript

SÃO PAULO, Brazil, May  12, 2020  (GLOBE NEWSWIRE) -- XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading, technology-driven financial services platform and a trusted pioneer in providing low-fee financial products and services in Brazil, today reported its financial results for the first quarter of 2020.

XP Inc. Reports 1Q20 Financial Results

XP is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for XP

SÃO PAULO, Brazil, April  29, 2020  (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) its Annual Report on Form 20-F for the fiscal year ended December 31, 2019.

XP Inc. Files Its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2019

XP saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

XP Soars: Stock Adds 8.8% in Session

XP Inc. (XP) CEO Guilherme Benchimol on Q4 2019 Results - Earnings Call Transcript

Short-seller sharks are circling XP -- but management tackles the problem head-on.

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