XP (XP) has released an update.
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XP Inc. has announced a robust financial performance for Q2 2024, with significant year-over-year growth. Client assets have reached a staggering R$1.2 trillion, marking a 14% increase, alongside a 52% jump in Gross Written Premiums and a 21% rise in Gross Revenue. The company’s diverse financial products and services continue to attract a growing client base, now boasting 4.6 million active clients, a 15% increase from the previous year.
For further insights into XP stock, check out TipRanks’ Stock Analysis page.