Inter & Co, Inc. (NASDAQ:INTR) Q2 2024 Earnings Conference Call August 7, 2024 1:00 PM ET

Company Participants

João Vitor Menin - CEO
Alexandre Riccio - SVP, Retail Banking
Santiago Stel - SVP, Finance & Risks

Conference Call Participants

Gustavo Schroden - Bradesco BBI
Eduardo Rosman - BTG
Yuri Fernandes - JPMorgan
Tito Labarta - Goldman Sachs
Pedro Leduc - Itau BBA
Neha Agarwala - HSBC
Mario Pierry - Bank of America Merrill Lynch

Operator

Good afternoon, and thank you for standing by. Welcome to Inter & Co's Second Quarter Earnings Conference Call. Today's speakers are João Vitor N. Menin, Inter Global CEO; Alexandre Rico, Brazil's CEO, Santiago Stel, Senior Vice President of Finance and Risk and CFO, and Rafaela de Vitoria, Chief Economist and IRO. Please be advised that today's conference is being recorded, and a replay will be available at the company's IR website. [Operator Instructions] Please note that there is an interpretation button on your screen where you can choose the language you want to hear English or Portuguese. Throughout this conference call, we will be presenting non-IFRS financial information, these are important financial measures for the company but are not financial measures as defined by IFRS. Reconciliations of the company's non-IFRS financial information to the IFRS financial information are available in interim co earnings release and earnings presentation appendix. Today's discussion might include forward-looking statements, which are not guarantees of future performance. Please refer to the forward-looking statements disclosure in the company's earnings release and earnings presentation.

Now I would like to yield the floor to Mr. João Vitor N. Menin, Sir, the floor is yours.

João Vitor Menin

Thank you, operator. Hello, everyone. As usual, I will begin with a brief overview of our strategy before handing over to Shanji and Sanji that will cover operational and financial metrics. But before we begin, I want to express my gratitude to Shanji, our new Brazil CEO. Shanji, I'm confident that you will continue to do an amazing job in our new role, leading our business in Brazil into a bright future.

Now let's deep dive into second quarter results. I'm very happy with our deliveries in our 6 [indiscernible] plan this quarter. I can affirm that the combination of growth and profitability is propelling us to new heights. Once again, we are demonstrating our ability to deliver remarkable results by focusing on execution day after day, while constantly passion for innovation and new ideas we also delivered strong financial performance, ensuring that our business is here to last.