- In its Q2 KPI's update, XP ( NASDAQ: XP ) reported total assets under custody of R$846B as of Jun.30 (+4% Y/Y, -3% Q/Q); Y/Y growth was driven by R$174B of net inflows and R$146B of market depreciation. Total monthly net inflows were R$14.3B in Q2 +44% Q/Q.
- On an adjusted basis, total net inflows in Q2 were R$43B (-7% Q/Q) and total adjusted net inflows were R$176B, R$14.7B per month, up 25% Y/Y.
- In Q2, active clients grew 16% and 4% in Q2 Y/Y and Q1, respectively totaling 3.6M; IFA Network reached 11.3K IFAs in 2Q22, up 5% Q/Q and 26% Y/Y.
- Retail DATs totaled 2.3M in Q2, a -15% Y/Y and flat Q/Q.
- Total TPV reached R$5.5B in Q2, vs. R$2.1B and R$4.5B in 2Q21 and 1Q22, respectively.
- Total active cards surpassed 383K in Q2, a growth of 25% Q/Q and 185% Y/Y.
- As of Jun.30, credit portfolio reached R$12.9B (+12% Q/Q, +90% Y/Y).
For further details see:
XP reports 16% growth in active clients and 4% in AUC for Q2