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Eduardo Henrique Gomes ... (+2)
  • Eduardo Henrique Gomes
  • Soomit Datta

New Street: INTR US (Neutral, TP: $4.3, +57%) Inter Q3 22 Quick Take ...

Inter reported Q3s yesterday after close. Total revenue was ahead of us by 4%, despite lower loan book expansion, being offset by higher yields. Income from securities was weaker given exposure to inflation-linked bonds.

Eduardo Henrique Gomes ... (+2)
  • Eduardo Henrique Gomes
  • Soomit Datta

New Street: INTR US (Buy, TP: $4.3, +23%) Inter Q2 22 Quick Take - NI...

Inter & Co (formerly Banco Inter) released Q2s after close. Numbers came in light of consensus based on lower financial income and fee income, whilst funding costs were also ahead (and rising as % CDI).

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