Inter&Co Hits Record US$81m Profit as Bad Loans Rise

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.

Southern Copper (SCCO) reported Q2 2026 record net sales of US$4,289.0 million (+40.6% YoY) and record net income of US$1,670.0 million (+71.6%), with EPS of US$2.01. Adjusted EBITDA rose to US$2,856.0 million (+59.5%). The company attributed gains mainly to higher copper and by-product prices, despite lower copper volumes and Peru output. It also declared a US$1.10 cash dividend and a stock dividend.

Tenaris (NYSE: TS) reported Q2 2026 net sales of US$2.967bn, down 4% QoQ and 4% YoY, and net income attributable to shareholders of US$477m, down from US$531m. Operating income fell 15% to US$494m as Strait of Hormuz disruptions raised logistics costs and delayed Middle East shipments. Tenaris also said it expects H2 sales and EBITDA to match H1 and declared an interim dividend of US$0.59/share.

Aura Minerals (Nasdaq: AUGO, B3: AURA33) reported Q2 2026 net income of US$217.7m versus US$8.1m a year earlier, driven mainly by an unrealised, non-cash US$126.0m mark-to-market gain on gold hedge contracts. Adjusted net income was US$97.4m. Revenue was US$336.0m and adjusted EBITDA US$196.7m. The company also settled expiring hedges for a US$37.2m cash loss and declared a US$0.72/share dividend.

Sylvamo (NYSE: SLVM) reported Q2 2026 results. Operating profit improved in North America to $50 million from $25 million in Q1, while Europe and Latin America losses narrowed. The company posted a net loss of $11 million, adjusted EBITDA of $60 million, cash from continuing operations of $38 million, and negative free cash flow of $23 million. It cited uncoated freesheet price increases and Eastover mill investments, and expects better earnings in H2.

Global Payments’ Q2 2026 call said results showed durable mid-single-digit growth, with a 100 bp headwind from Middle East conflict impacting travel. Management completed Worldpay integration operating model design and outlined SMB, Enterprise, and Platforms initiatives, including AI “agentic commerce.” Full-year 2026 revenue guidance was revised to 4% to 5% growth and margins to expand in 2H; net leverage ended just under 3.5x.