Recurring net income reaches a record R$572 million, up 30% year-on-year;

 Revenue growth driven by robust growth in acquiring (TPV) and acceleration of the banking platform

SÃO PAULO, Nov. 14, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a leading digital bank offering a comprehensive suite of financial services and payment solutions, announced strong results for the third quarter of 2024 (3Q24). The Company reported net revenues of R$4.8 billion in 3Q24 (+20% YoY). Recurring net income reached a record high of R$572 million (+30% YoY), with a record reported net income of R$531 million (+29% YoY).

Recurring net income reaches a record R$572 million, up 30% year-on-year;

 Revenue growth driven by robust growth in acquiring (TPV) and acceleration of the banking platform

SÃO PAULO, Nov. 14, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a leading digital bank offering a comprehensive suite of financial services and payment solutions, announced strong results for the third quarter of 2024 (3Q24). The Company reported net revenues of R$4.8 billion in 3Q24 (+20% YoY). Recurring net income reached a record high of R$572 million (+30% YoY), with a record reported net income of R$531 million (+29% YoY).

In acquiring, record TPV of 124 billion BRL, three times the industry's growth; in banking, record revenue of 434 million BRL, +41% higher than the same period in 2023

SÃO PAULO, Aug. 21, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution, announces its results for the second quarter of 2024 (2Q24). Among the key highlights of the period, the company recorded a record net income (Non-GAAP) of 542 million BRL (+31% y/y). Net income in a GAAP basis, also a record, was 504 million BRL (+31% y/y).

In acquiring, record TPV of 124 billion BRL, three times the industry's growth; in banking, record revenue of 434 million BRL, +41% higher than the same period in 2023

SÃO PAULO, Aug. 21, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution, announces its results for the second quarter of 2024 (2Q24). Among the key highlights of the period, the company recorded a record net income (Non-GAAP) of 542 million BRL (+31% y/y). Net income in a GAAP basis, also a record, was 504 million BRL (+31% y/y).

Das TPV erreichte 112 Milliarden BRL (+27 % gegenüber dem Vorjahr), mehr als das Doppelte des Branchenwachstums, und 31 Milliarden BRL an Einlagen, was die Bilanz für die Ausweitung der Forderungsvorauszahlung und der Kreditvergabe stärkt.

SÃO PAULO, 27. Mai 2024 /PRNewswire/ -- Die PagBank (NYSE: PAGS), eine vollständig digitale Bank für Finanzdienstleistungen und Zahlungsverkehrslösungen und eine der größten digitalen Banken Brasiliens, gibt ihre Ergebnisse für das erste Quartal 2024 (Q124) bekannt. Zu den wichtigsten Höhepunkten des Berichtszeitraums zählen ein wiederkehrender Rekordnettogewinn von 522 Millionen BRL (+33 % gegenüber dem Vorjahr) und ein Buchgewinn von 483 Millionen BRL (+31 % gegenüber dem Vorjahr).

TPV reached 112 billion BRL (+27% YoY), more than twice the industry's growth and 31 billion BRL in deposits, reinforcing the balance sheet for expansion of receivables anticipation and credit concession.

SÃO PAULO, May 24, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in Brazil, announces its results for the first quarter of 2024 (Q124). The main highlights of the period include a record recurring net profit  of 522 million BRL (+33% YoY), while the net accounting profit reached 483 million BRL (+31 YoY%).

TPV reached 112 billion BRL (+27% YoY), more than twice the industry's growth and 31 billion BRL in deposits, reinforcing the balance sheet for expansion of receivables anticipation and credit concession.

SÃO PAULO, May 24, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in Brazil, announces its results for the first quarter of 2024 (Q124). The main highlights of the period include a record recurring net profit  of 522 million BRL (+33% YoY), while the net accounting profit reached 483 million BRL (+31 YoY%).

In Payments, TPV growth in 4Q23 reached +21% y/y, more than 2x industry growth;

Digital bank reached 31 million clients, totaling R$28 billion in Deposits;

The results consolidate the business expansion and diversification beyond longtail and POS devices

SÃO PAULO, Feb. 29, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in the country, announces its results for the fourth quarter of 2023 (4Q23). Among the main highlights, the Company posted a record net income (Non-GAAP) of R$520 million in 4Q23 (+27% y/y and +18% q/q), concluding 2023 with almost R$1.8 billion for the year (+11% y/y), the highest in the Company's history. Net income, in GAAP basis, reached R$488 million in the fourth quarter (+20% y/y and +19% q/q), totaling R$1.65 billion for the year (+10% y/y).

In Payments, TPV growth in 4Q23 reached +21% y/y, more than 2x industry growth;

Digital bank reached 31 million clients, totaling R$28 billion in Deposits;

The results consolidate the business expansion and diversification beyond longtail and POS devices

SÃO PAULO, Feb, 29, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in the country, announces its results for the fourth quarter of 2023 (4Q23). Among the main highlights, the Company posted a record net income (Non-GAAP) of R$520 million in 4Q23 (+27% y/y and +18% q/q), concluding 2023 with almost R$1.8 billion for the year (+11% y/y), the highest in the Company's history. Net income, in GAAP basis, reached R$488 million in the fourth quarter (+20% y/y and +19% q/q), totaling R$1.65 billion for the year (+10% y/y).