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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.

"The 2Q25 results emphasize that we are on the right path: we have grown profitably and continue to deliver value to our shareholders, even in a challenging economic environment. We estimate an 18% return to our shareholders, considering the dividends and share repurchase programs announced," said Artur Schunck, CFO of PagBank.

Financial strength remains a competitive advantage: total funding reached R$43 billion (+9% y/y), deposits totaled R$37.2 billion (+9% y/y and +10% q/q), and the