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Pagseguro Digital ( (PAGS) ) just unveiled an update.
On February 20, 2025, PagSeguro Digital announced its financial results for the fourth quarter of 2024, revealing a solid increase in net income by 28% year-over-year to R$2.3 billion, driven by diversified revenue streams from its Payments and Banking sectors. Despite economic challenges such as fluctuating rates and currency volatility, the company managed to expand its business and client base, achieving significant growth in its total payment volume and credit portfolio, while maintaining a focus on financial cost efficiency and data security.
More about Pagseguro Digital
PagSeguro Digital Ltd., also known as PagBank, operates in the financial services and digital payments industry, offering a variety of payment solutions and banking services. The company focuses on expanding its market presence beyond traditional point-of-sale systems, leveraging its competitive edge to grow its customer base and credit portfolio.
YTD Price Performance: 26.68%
Average Trading Volume: 5,422,158
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.72B
For a thorough assessment of PAGS stock, go to TipRanks’ Stock Analysis page.
