Inter & Co, Inc.

Inter & Co, Inc., through its subsidiaries, provides a range of financial services in Brazil and the United States. Its core offerings include banking and spending products such as checking accounts, cards, deposits, loans and advances, and debt collections. The company also offers investment services, including the acquisition, sale, and custody of securities, as well as fund portfolio management. Additionally, it provides insurance brokerage for warranties, life, property, and automobile insurance, along with pension and consortium products. Inter & Co operates an inter shop business and a digital platform for selling goods and services, making it a comprehensive financial services provider.

Inter & Co, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol INTR. Its shares are traded in US dollars (USD), reflecting its cross-border presence as a Brazilian company with a significant US operation. The listing on a major US exchange provides international investors with access to the company's stock.

Inter & Co, Inc. operates in the Financial Services sector, specifically within the Banks - Regional industry. This classification indicates that it is a regional bank, focusing on providing banking and financial services to customers in specific geographic areas, primarily Brazil and the United States. As a regional bank, it offers a range of traditional banking products alongside investment, insurance, and digital commerce services.

Inter & Co, Inc. is headquartered in Belo Horizonte, Brazil, and was founded in 1994. The company serves customers in both Brazil and the United States, offering its financial products and services across these two markets. Its operations include a global account digital solution, enabling cross-border banking. The dual-market presence allows Inter & Co to cater to Brazilian clients domestically and internationally, as well as to US-based customers.

Inter & Co, Inc. generates revenue through multiple streams within its financial services portfolio. It earns income from banking activities such as interest on loans and advances, fees from checking accounts and card services, and spreads on deposits. The company also profits from investment services, including securities trading and custody fees, as well as asset management. Insurance brokerage adds commission income from warranties, life, property, and automobile policies. Additionally, its inter shop business and digital platform for selling goods and services contribute to revenue through sales commissions and transaction fees.