Client Growth
PagSeguro ended the quarter with 33.7 million clients, adding 1.6 million clients year over year.
Revenue Growth
Total net revenue excluding interchange and card scheme fees increased 14% year over year, reaching BRL 3.4 billion.
Banking Revenue Surge
Banking revenue reached BRL 744 million in the quarter, a strong growth of 50% year over year.
Deposit Growth
Total deposits increased to BRL 39.4 billion, representing an increase of 15% year over year.
Capital Return
PagSeguro returned BRL 2 billion to shareholders through dividends and share repurchase, with 3.3 million shares repurchased year to date.
Banking Gross Profit Growth
Banking gross profit grew 59% year over year, now representing more than 28% of total gross profit.