PagBank closes 2024 with record net profit of R$2.3 billion
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PagBank (NYSE: PAGS) reported a record net profit of R$2.3 billion for 2024, with significant growth in customer base, TPV, and deposits. The company's ROAE reached 15.2%, and net revenue for Q4 2024 increased by 18% compared to the same period in 2023.
February 21, 2025 | 11:15 am
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PagBank reported a record net profit of R$2.3 billion for 2024, with an 18% increase in Q4 revenue. The company's strong performance across all business lines and a ROAE of 15.2% indicate robust growth.
The record net profit and significant revenue growth highlight PagBank's strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100