Key Points – Inter & Co. introduced a new “Rule of 50” framework that combines growth and return on equity, replacing its earlier 60-30-30 plan as the company’s next performance benchmark. – Management said the digital bank has made strong progress on its prior targets, with…
ients nearing 44 million, efficiency improving sharply, and ROE rising above 15%; it now aims for about 28% ROE by 2029. – Inter highlighted its growth engines as deposits, principality, and credit penetration, along with heavy use of AI and risk controls, while emphasizing secured lending and more profitable card products to drive future earnings. Inter & Co
Inc. (NASDAQ:INTR) outlined a new growth and profitability framework at its Owners’ Day event at Nasdaq, building on its prior 60-30-30 plan and introducing a new “Rule of 50” target that combines revenue growth and return on equity. Rafaela Vitória, Inter’s Investor Relations Officer, opened the event by saying the company would review its growth roadmap, financial strategy, client engagement, deposits, credit growth, technology, artificial intelligence, risk management and people strategy. Global Chief Executive Officer João Vitor Menin said Inter has made significant progress since unveiling its 60-30-30 plan in January 2023.
That plan targets 60 million clients, a 30% efficiency ratio and 30% ROE. Menin said Inter has “pretty much been on track” across those metrics, citing a near doubling of clients, faster growth in active clients, progress in efficiency and ROE rising from negative levels to above 15%. Menin also said Inter’s shares had almost tripled since the 60-30-30 plan was introduced, describing that as “a validation” from analysts and investors that the company is executing in the right direction.