PicS N.V. (PICS) Delivers Credit Portfolio Momentum and Q2 Outperformance Across the Board
PicS N.V. (PICS) reported Q2 results exceeding guidance. Total accounts rose to 70.4M, up 10% YoY. Adjusted earnings before tax were R$291M, 2.1% above guidance. Credit portfolio grew to R$31.9B, up 3%. Client base increased to 45.4M active users. Non-performing loans over 90 days reached 9.8% of the portfolio. Hedge fund ownership declined to 13 funds from 23 in Q1 2026.




