PagBank posts R$576M net income in Q2 2026, boosts loans and customer base amid tough economy

PagBank, a leading Brazilian digital bank, reported a recurring net income of R$576 million in Q2 2026, showing resilience despite a challenging economic environment. The bank's loan portfolio grew 31% year-over-year to R$5.1 billion, driven by working capital, credit cards, and payroll loans. Customer engagement increased with 34.1 million users, R$43 billion in deposits, and R$97 billion in cash-in, supported by investments in technology and new financial products like private pension and insurance. PagBank plans to continue expanding its financial ecosystem and payment services to support entrepreneurs and small businesses in Brazil.