During the period, the digital bank reached R$ 43 billion in deposits and more than R$ 52 billion in its expanded loan portfolio, with advances in its banking platform and operating leverage.
SÃO PAULO, Aug. 12, 2026 /PRNewswire/ -- PagBank (NYSE: PAGS), one of Brazil's largest digital banking platforms and a specialist in serving Brazilian entrepreneurs, closed the second quarter of 2026 (2Q26) with recurring net income of R$ 576 million, reflecting the resilience of its business model even in a challenging macroeconomic environment.During the period, net revenue reached R$ 3.4 billion, maintaining its trajectory of sustainable growth. Meanwhile, the loan portfolio advanced 31% compared to the same quarter of the previous year, reaching R$ 5.1 billion, driven mainly by the expansion of products such as working capital, credit cards, and payroll loans."The acceleration of our loan portfolio reflects the advancement of our analytical capabilities and the discipline with which we conduct the business. We are expanding credit availability for customers with suitable profiles, scaling up new credit lines for small and medium-sized enterprises, and maintaining portfolio quality—always guided by the consistent generation of value for the company, shareholders, and our customers," says Gustavo Sechin, CFO of PagBank.Despite a high-interest-rate environment, PagBank increased customer engagement, with growth in transaction activity indicators and by strengthening its financial ecosystem. At the end of the quarter, the digital bank reached 34.1 million customers, R$ 43 billion in deposits, and R$ 97 billion in cash-in. Those figures demonstrate the growing use of the financial platform by customers. During the quarter, the acquiring operation reached TPV of R$ 133.4 billion, with an increase of 3% compared to the previous year and 4% compared to the previous quarter.With disciplined capital allocation during the period, PagBank invested R$ 1.1 billion in technology, product development and security in the first half of 2026, reinforcing the pillars that underpin the continued evolution of its business.As part of its growth strategy, PagBank expects to maintain the pace of innovation and expansion of its financial ecosystem, with the launch of new solutions focused on financial protection, wealth planning, and expanded benefits offered to customers. Among the initiatives are Previdência Privada PagBank (PagBank Private Pension), developed to support long-term planning; PagBank Premiado (an insurance product) which combines coverage for unforeseen events with monthly draws; and 100% cashback of IOF on international purchases made with the PagBank credit card.Acquiring will continue as a strategic area for PagBank, with a focus on strengthening its payments platform and its POS devices. The company intends to continue expanding its value proposition for merchants and entrepreneurs, contributing to simpler and more efficient financial management.Taken together, these initiatives reinforce the company's strategy of consolidating a complete financial services platform, accompanying customers at different moments of their journey."We know firsthand the challenges faced by Brazilian entrepreneurs, who remain at the center of our decisions. Our commitment is to develop solutions that make their routine easier, support the growth of their businesses, and expand access to quality financial services, always with practicality, technology, and simplicity," says Carlos Mauad, CEO of PagBank.
