$PICS

PicS N.V. (PICS) acquired Kovr Participações S.A. and a 53% stake in Estrutural Corretora to become an end-to-end insurance platform. Kovr's digital insurance capabilities and Estrutural's brokerage solutions aim to reduce reliance on third-party providers. Q2 results showed 9% annual user growth to 45.4 million. Regulatory and integration risks exist, with institutional interest declining.

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.

PicPay, a Brazilian digital bank, reported a 135% year-over-year profit increase to 283 million reais (US$54.9 million) in Q2 2026, beating its own guidance. Revenue rose 67% to 4.1 billion reais (US$795.9 million). Growth was driven by credit expansion and operating leverage, with the credit portfolio growing 99% year over year to 31.9 billion reais (US$6.2 billion). The company's customer base grew 10% to 70.4 million, with 45.4 million active users. PicPay's return on equity was 20.2%, and it

PicS N.V. (PICS) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 PicPay Announces Second Quarter 2026 Results Company exceeded guidance across key metrics, driven by continued growth and resiliency of its lending portfolio and greater operating efficiency PicPay surpassed 70 million accounts in the quarter, while ARPAC increased t

PicS N.V. (NASDAQ:PICS) was covered by Wolfe Research, which cut its price target from $16 to $15 while keeping an Outperform rating, citing earnings above broader estimates but flat after-hours trading on low volume. On June 22, PicS addressed Brazilian press reports about a Federal District inquiry, saying related revenues are about BRL 9 million and the product is not a credit or salary loan.

RBC Capital lowered its PicS N.V. (PICS) price target to $18 from $19 while keeping an “Outperform” rating after the company’s Q2 as a public firm. RBC said guidance was largely in line and AI initiatives helped keep headcount flat, supporting marketing and growth. Wolfe Research cut its target to $15 from $16, citing a revenue beat driven partly by derivative/hedge accounting.

Augusto Cazotto Andre (IR, Strategy and M&A Officer) purchased 49,500 shares of PicS N.V. (PICS) at $9.41 ($0.47M total) on 2026-06-11.

Batista Costa Jose Antonio purchased 18,500 indirectly-held shares of PicS N.V. (PICS) at $9.47 ($0.18M total) on 2026-06-10.

Batista Costa Jose Antonio purchased 20,800 indirectly-held shares of PicS N.V. (PICS) at $9.73 ($0.20M total) on 2026-06-09.

Batista Costa Jose Antonio purchased 21,130 indirectly-held shares of PicS N.V. (PICS) at $9.42 ($0.20M total) on 2026-06-08.