v3.26.1
Consolidated Statement of Cash Flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of cash flows [abstract]      
Net income for the year R$ 1,046,613 R$ 794,356 R$ 426,058
Expected credit losses (1,700,492) (1,133,711) (788,054)
Depreciation and amortization 201,868 164,842 134,858
Provision for contingencies 192,360 233,697 138,448
Income tax expenses 290,208 246,655 155,577
Interest expense on leases 32,313 33,388 22,278
Loss on disposal of property and equipment and intangible assets 2,058 1,885 3,648
Interest expense on loans and borrowings 67,481 44,385
Net changes in operating assets and liabilities      
(Increase) / decrease in financial assets measured at FVTOCI 14,394 25,450 13,155
(Increase) / decrease in financial assets measured at FVTPL (2,154,962) 704,457 (963,392)
(Increase) / decrease in financial assets measured at amortized cost (14,309,750) (7,756,931) (4,849,968)
(Increase) / decrease in other assets (388,077) (431,407) (152,217)
Increase in customer demand deposits 25,593 113,549 3,931
Increase) / decrease in other liabilities 82,474 158,344 49,504
Increase in debt issued and other borrowed 3,488,502 539,421 60,186
(Increase) / decrease in obligations related to credit assignments 5,937,722 2,083,847 512,651
Decrease in provisions for contingencies (183,940) (164,013) (70,460)
Increase in customer time deposits 4,248,148 3,287,211 4,886,457
(Increase) / decrease in interbank market funds 2,914,543 2,342,292 552,834
(Increase) / decrease in derivative instruments 264,102 (410,795) 24,303
Income tax and social contribution paid (480,781) (389,883) (193,114)
Net cash flows from (used in) operating activities (409,623) 487,039 (33,317)
Investment activities      
Purchase of property and equipment (52,509) (26,910) (9,167)
Purchase of intangible assets (109,877) (80,889) (71,177)
Proceeds from Consórcio divestiture 2,349
Net cash used in investing activities (162,386) (107,799) (77,995)
Financing Activities      
Sale of non-controlling interest 400,000
Increase in borrowings 353,904 437,780
Payment of borrowings (247,929) (5) (2)
Payment of principal portion of lease liabilities (86,097) (75,870) (69,752)
Payment of usufruct dividends (179,794)
Transaction cost on sale of non-controlling interest (9,329)
Net cash flows from (used in) financing activities 19,878 572,782 (69,754)
Increase (decrease) in cash and cash equivalents (552,131) 952,022 (181,066)
Cash and cash equivalents at beginning of period 1,405,410 453,388 634,454
Cash and cash equivalents at end of period 853,279 1,405,410 453,388
Increase (decrease) in cash and cash equivalents R$ (552,131) R$ 952,022 R$ (181,066)