XP Inc. reported gross revenue of R$4,503 million for the second quarter of 2024. The company achieved a net income of R$1,118 million, with diluted earnings per share (EPS) reaching R$2.03 for the quarter.
Total client assets demonstrated growth, reaching R$1,204 billion. The retail segment contributed R$32 billion in net inflow during the quarter, indicating continued client engagement and asset accumulation.
Profitability metrics remained robust, with a Return on Average Equity (ROAE) of 22.1%. Additionally, Gross Written Premiums increased to R$307 million, and the credit portfolio expanded to R$19.3 billion, showcasing diversification across financial products.
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