AGI Q2 Earnings Call Highlights
AGI (NYSE:AGBK) said Q2 private-payroll expansion showed first-payment default rates “below teens” in newer cohorts, and it is comfortable expanding when expected-losses to net interest income reach about 1.4 to 1.5. Nonperforming loans over 90 days fell to 3.3%, provision coverage was 182%, revenue rose 26% YoY to BRL 3.2B, and Agi+ launched with 250,000 subscriptions in 45 days.