INTR Inter & Co. Inc. Class A Common Shares

Swedbank AB significantly increased its stake in Inter & Co. Inc. (NASDAQ:INTR) during the third quarter, acquiring an additional 989,100 shares to bring its total holdings to 3,110,899 shares, valued at approximately $28.7 million. This purchase represents a 46.6% boost in Swedbank AB's ownership, now accounting for about 0.71% of Inter & Co. The company's recent Q3 earnings showed an EPS of $0.14, meeting estimates, though revenue of $396.9 million fell short of the $2.14 billion consensus.

Banco Inter, a subsidiary of Inter & Co., successfully raised R$500.4 million through the issuance of subordinated financial bills. This capital injection is intended to strengthen Banco Inter's capital structure and support its continued growth strategies. The move highlights the bank's efforts to enhance its financial resilience.

Inter & Co's banking arm, Banco Inter, has successfully raised R$500.4 million (approximately $102.19 million) through the issuance of subordinated financial bills. This capital injection is intended to strengthen the bank's capital base and support its ongoing growth and operational resilience.

Banco Inter, a subsidiary of Inter & Co, successfully raised R$500.4 million through the issuance of subordinated financial bills to professional investors, comprising perpetual Tier I and Tier II notes. This move is expected to enhance Banco Inter’s Basel ratio by approximately 1.2 percentage points, strengthening its regulatory capital base and supporting future growth. An analyst maintains a Buy rating on INTR stock with a $10.50 price target, while TipRanks’ AI Analyst, Spark, rates INTR as Outperform due to strong financial performance and optimistic earnings guidance.

TT International Asset Management LTD initiated a new position in Inter & Co. Inc. (NASDAQ:INTR) during Q3, acquiring 319,606 shares valued at approximately $2.95 million. This stake represents about 0.07% of Inter & Co. and makes it the 17th-largest holding for TT International. Despite mixed analyst sentiment, institutional ownership of Inter & Co. stands at around 22.9%, with the stock currently trading near $8.59.

Inter & Co. Inc. (NASDAQ:INTR) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $8.32. This recommendation comes from six brokerages, with one issuing a sell, two a hold, and three a buy rating. Key financial data includes a market cap of $3.69 billion, a P/E ratio of 17.14, and recent quarterly EPS matching estimates at $0.14.