PagBank's deposits top R$42B with 36% loan growth, net income rises 4% in Q1 2026.

PagBank, a leading Brazilian digital banking platform, reported strong Q1 2026 results with deposits reaching R$42 billion, up 23% year over year, and a loan portfolio growing 36% to R$5 billion. Recurring net income rose 4% to R$575 million, supported by a 41% increase in banking revenue and operational efficiency gains. The platform now serves 34 million customers and 6.3 million merchants, reflecting growing trust and expansion in financial services for entrepreneurs. The company plans to continue investing in integrated banking solutions to support small- and medium-sized businesses in Brazil.