Digital banking reached BRL 39.4 billion in deposits and BRL 4.2 billion in loan portfolio, despite a high interest rate environment.
/PRNewswire/ — Banking (NYSE: PAGS), a leading digital bank offering a full range of financial services and payment solutions, reports its results for the troisième quarter 2025 (3Q25)demonstrating strong resilience and solid execution, even amid an economic slowdown and high interest rates. During this period, the digital bank continued to grow its revenues and optimize its capital structure, thereby strengthening its operational efficiency and profitability, with a focus on higher margin products and the creation of sustainable value.
(Credit: Banking)
“Despite a difficult macroeconomic context, we distributed more than BRL 2 billion to shareholders in the form of dividends and share buybacksover the past 12 months. Looking ahead, we remain confident, continuing to develop strategic initiatives and intensifying the use of AI to further simplify our customers’ financial journeys,” said Alexandre Magnani, CEO of PagBank.
Au 3e trimestre 25, recurring net income rose to 571 millionsBRL. At the same time, net revenues increased by 14.4% year-on-year, reaching BRL 3.4 billiondriven by banking platform acceleration, increased financial services revenue and operational efficiencies.
Deposits are located at 39,4 milliardsBRL (+15.3% year-on-year and +6.1% quarter-on-quarter), driven by stronger CDB (Bank Deposit Certificate) distribution, supported by top-tier strength ratings from leading international credit rating agencies. THE wallet of loans amounted to 4,2 milliardsBRL (+29.9% YoY and +7.2% QoQ), with a focus on expanding working capital for SMEs, which increased by 116% YoY.
“We support our 33.7 million customers (+1.6 million new customers over the period) by offering an integrated portfolio of digital solutions that support the daily financial lives of individuals and businesses, making it simpler, safer, more digital and more accessible,” said Alexandre Magnani. “We remain committed to expanding our services, deepening our relationships with entrepreneurs and consumers, and consistently creating value for our shareholders. “Lending growth is one of our long-term strategic priorities, with the goal of expanding access to sustainable and scalable financial solutions for millions of Brazilians,” he added.
To access PagBank’s financial statements for Q3 FY25, click here.
PagBank announces strategic changes within its management
PagBank announces changes within its management. From January 1, 2026, as part of a succession process carefully planned since 2024, Carlos Mauad, currently operational director, will take over the management of the bank. In addition, Gustavo Sechin, current head of external relations, will be the new financial director of the institution.
Alexandre Magnani, CEO of PagBank, and Artur Schunk, CFO of PagBank, will be appointed to the company’s board of directors, where they will be able to support executives during the transition period to their new roles, ensuring a smooth changeover.
“I am confident that, under Mauad’s leadership, PagBank will be ready to embark on its next chapter of growth. With more than two decades of in-depth experience in the banking sector and credit market in Brazil, his expertise will be fundamental in this period of expansion and strengthening of PagBank as one of the leading digital banks in the country,” said Alexandre Magnani.
For Artur Schunk, “there is no doubt that Sechin will continue its clear and transparent communication with the market and our shareholders. This transition reflects the maturity of PagBank and the strengthening of our business model, regardless of the change in leadership.”
PagBank, which in recent years has expanded its role in the Brazilian national system, reinforces its commitment to building the bank of the future, focused on the best experience for its customers, with whom the company continues to be a successful partner, offering a complete, simple, secure and accessible ecosystem.
Forward-looking statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, but not limited to, those regarding the Company’s expectations, intentions, beliefs or strategies, constitute forward-looking statements. Words such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “estimate”, the use of the future or conditional tense, as well as variations of these words and similar expressions may identify these forward-looking statements. These statements reflect the current views of the Company’s management and are subject to various risks and uncertainties. They are based on numerous assumptions and factors, including economic and market conditions, industry conditions and operational factors. Any change in these assumptions or factors could cause the Company’s current expectations to differ materially from actual results.
About PagBank
PagBank promotes innovative solutions in financial services and payment methods, automating the process of buying, selling and transferring in order to promote the activities of any person or company in a simple and secure way. PagBank, a company of the UOL Group – Brazilian Internet leader – acts as issuer and acquirer, offering digital accounts and comprehensive solutions for online and in-person payments (via mobile devices and point-of-sale).
PagBank also offers a wide range of payment methods, including credit cards and prepaid cards, bank transfers, boleto payments and account balances, among others. PagBank (PagSeguro Internet Instituição de Pagamento SA) is regulated by the Central Bank of Brazil as a payment institution, electronic money issuer, postpaid instrument issuer and acquirer, through partnerships with major card brands. Its parent company, PagSeguro Digital Ltd, is listed on the New York Stock Exchange (NYSE: PAGS) and regulated by the Securities and Exchange Commission (SEC). The distribution of mutual funds is carried out by BancoSeguro SA, which is authorized by the Central Bank of Brazil and the Securities and Exchange Commission, and which is affiliated with ANBIMA.
CONTACTS PRESSE
XCOM – PagBank communications agency
Isabelle Bonizzi / [emailprotected]/ (11) 96436-5456
Cláudio Monteiro / [emailprotected]/ (11) 98970-4477
Deborah Slobodticov / [emailprotected]/ (11) 98829-7900
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