Xp Inc
NASDAQ:XP
Xp Inc
Net Income (Common)
Xp Inc
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Xp Inc
NASDAQ:XP
|
Net Income (Common)
R$4.5B
|
CAGR 3-Years
8%
|
CAGR 5-Years
33%
|
CAGR 10-Years
N/A
|
|
|
B
|
Banco Mercantil de Investimentos SA
BOVESPA:BMIN3
|
Net Income (Common)
R$7.2m
|
CAGR 3-Years
29%
|
CAGR 5-Years
26%
|
CAGR 10-Years
7%
|
|
Xp Inc
Glance View
In the bustling financial landscape of Brazil, XP Inc. emerged as a transformative force in investment services, reshaping how Brazilians engage with their financial futures. Founded in 2001 by Guilherme Benchimol, the company started as a small investment advisory firm in Porto Alegre. XP tapped into the untapped potential of Brazil’s retail investor market, traditionally underserved by the country's banking giants. It evolved into an innovative digital brokerage, offering an expansive array of financial products, including equities, fixed-income securities, mutual funds, and more. The company’s vision was clear: democratize investing by providing better investment opportunities and education for individuals eager to grow their wealth. Their online platform empowered clients with user-friendly functionalities and resources normally reserved for large institutional investors. Throughout its journey, XP Inc. diversified its revenue avenues, primarily earning money through brokerage fees, advisory services, and asset management. Its brokerage services captured a vast client base by charging transaction fees and commissions from trading activities. Their asset management services also contributed to the bottom line by collecting fees from managing investments for private clients and institutions. Moreover, XP leveraged educational content, organizing events and providing courses to elevate financial literacy, which, in turn, boosted its platform's user engagement and client acquisition. This holistic approach, combined with strategic expansions and partnerships, culminated in XP Inc.'s IPO on the NASDAQ in December 2019, propelling the company into the global spotlight while underscoring its role as a pivotal player in Latin America's financial ecosystem.
See Also
What is Xp Inc's Net Income (Common)?
Net Income (Common)
4.5B
BRL
Based on the financial report for Dec 31, 2024, Xp Inc's Net Income (Common) amounts to 4.5B BRL.
What is Xp Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
33%
Over the last year, the Net Income (Common) growth was 16%. The average annual Net Income (Common) growth rates for Xp Inc have been 8% over the past three years , 33% over the past five years .
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