Inter & Co, Inc. (INTR): Financial results for Q2 2026

Inter and Co's stock fell 33.9% to $4.75 in pre-open trading, below its 52-week low, due to concerns over credit costs, capital allocation, and a bearish analyst view. The decline follows Brazil's presidential election and the company's acquisition of Inter Seguros for R$409 million. U.S. equity indices are slightly positive, indicating the selloff is company-specific.

Inter & Co. Inc. (INTR) shares rose 6.68% after UBS and JPMorgan raised their price targets to $10 and $11, respectively. The company reported $8.4B revenue but thin profitability. Analysts see 30% upside from current $7.21 price, with support at $6.70 and resistance at $8.00.

Inter&Co reported Q2 2026 record net income of R$421 million (US$81 million) and ROE of 16.3%. Gross loans rose to R$51.9 billion (US$10.0 billion), but loans more than 90 days overdue increased to 5.3% from 5.1% in Q1 and 4.6% a year earlier. Shares closed little changed after the release.

Inter (NASDAQ: INTR) said it opened a U.S. branch in Miami, Florida, authorized by the Federal Reserve Board of Governors and the Florida Office of Financial Regulation. The branch operates as a state-licensed branch of Banco Inter S.A. and is expected to support cross-border clients and expand Inter’s U.S. product and funding efficiency. Inter reported $1.8 billion in annual net revenue.

Corteva (CTVA) shares fell 22% to $9.26 after Q3 results missed estimates, hitting a 52-week low of $9.18. The company reported non-GAAP EPS.

Alvotech (ALVO) reported Q3 2026 revenue of $112M, missing estimates of $139.22M. Shares fell 6.5% to $4.60. The company highlighted manufacturing improvements and strategic partnerships, but acknowledged lower-end full-year performance. Adjusted EBITDA rose 15% YoY to $78M, with cash balance declining to $61M.