Exchange: NASDAQ·Updated 07:30 PM EDT
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INTR INTER CO INC

$6.73
$0.03
(0.44%)
Today
Closed $6.73
$0.00
(0.00%)
After Hours
EarningsNov 12
Mkt Cap$2.96B
Vol13.4M

About INTR

Inter & Co., Inc. Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking & Spending, Investments, Insurance Brokerage and Inter Shop. The Banking & Spending segment includes banking products and services such as current accounts, debit and credit cards, deposits, loans, advances to customers, debt collection activities and other services provided to customers. The Investments segment is responsible for operations related to the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market and operations related to the management of fund portfolios and other assets. The Insurance Brokerage segment includes insurance products underwritten by insurance companies, such as warranties, life, property and automobile insurance, and pension products, as well as consortium products provided by a third party. The Insurance Brokerage segment offers insurance products underwritten by insurance companies with which Inter has an agreement including life, property and automobile insurance and pension products. The Inter Shop segment includes sales of goods and services to its clients through digital platform in partnership with other companies. The company was founded on January 26, 2021 and is headquartered in Belo Horizonte, Brazil.
33

Bearish Sentiment

How do you feel about INTR?

Crom5775
$INTR reclaimed its 200 days moving average 3 days ago and this thing isnt even lookn back. Long and strong.
3
KryptonResearch14
$INTR Inter & Co is the digital-bank side of the Brazil rally. JPMorgan lifted its target to 11 from 9 with an Overweight rating on Tuesday, and the stock ran about 40% on the week to close Friday at 7.68. Same macro as the $XP trade: the first-round shock, Bolsonaro leading after the polls missed, runoff Oct 25. The business is different though: Inter is a Brazilian consumer bank, so this rally runs through credit and deposits. Fundamentals are mixed. Q2 in August: EPS 19 cents vs 18 expected, revenue 475.45 million dollars vs about 513 expected. Net margin 11.23%, ROE near 15%. The new target implies roughly 43% upside from Friday's close.
2
filecrux
$INTR Inter&Co, the Brazil-based Banco Inter group, is moving Brazil CEO Alexandre Riccio (there since 2013) into a group-wide COO role over credit, collections and operations, plus Executive Vice Chairman. Running Brazil growth and monetization goes to an outsider, ex-Midway CEO Francisco Santos. No pay or financial figures given; Class A stock alone is ~$2.5B at the Oct 9 close of $7.67. Riccio stays, now on the board. Santos is only "expected" to join and the new structure needs approvals; no date given.

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