PagBank Q3 revenue rises 14%, loan portfolio up 30%

PagSeguro Digital

13/11/2025 12:16

Overview

PagBank Q3 net revenue grows 14% yr/yr, driven by banking platform acceleration

Recurring net income for Q3 is BRL 571 mln

Loan portfolio expands 30% yr/yr, emphasizing SME working capital growth

From 1 January 2026, Carlos Mauad, currently COO, will take over as CEO of the bank. In addition, Gustavo Sechin, current Head of IR, will be the institution's new CFO

Outlook

PagBank plans to intensify AI use to simplify clients' financial journeys

Loan growth is a long-term strategic priority for PagBank

PagBank announces leadership changes effective January 2026

Result Drivers

BANKING PLATFORM - Revenue growth driven by acceleration of the banking platform and higher financial services revenue

LOAN PORTFOLIO - 30% yr/yr growth in loan portfolio, with SME working capital expansion of 116% yr/yr

DEPOSITS GROWTH - Deposits increased 15.3% yr/yr, supported by strong CDB distribution and high credit ratings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
BRL 571 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for PagSeguro Digital Ltd is $12.00, about 21.3% above its November 12 closing price of $9.44

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nPn6MCgwHa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)