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XP Inc. (XP) Q2 2024 Earnings Call Transcript

XP Inc. (NASDAQ:XP) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET

Company Participants

Andre Parize – Head, Investor Relations
Thiago Maffra – Chief Executive Officer
Victor Mansur – Chief Financial Officer

Conference Call Participants

Antonio Huet – Bank of America
Jorge Kuri – Morgan Stanley
Renato Meloni – Autonomous Research
Daniel Vaz – Banco Safra
Tito Labarta – Goldman Sachs
Olavo Arthuzo – UBS
Neha Agarwala – HSBC

Operator

Good evening, everyone, I’m Andre Parize, IRO at XP Inc. It’s a pleasure to be here with you today. On behalf of the company, I’d like to thank you all for the interest and welcome you to our 2024 Second Quarter Earnings Call.

This quarter, the results will be presented by our CEO, Thiago Maffra; and our CFO, Victor Mansur, who will both be available for the Q&A session right after the presentation. [Operator Instructions]

And before we begin our presentation, please refer to our legal disclaimers on Page 2 on which we clarify forward-looking statements, additional information on forward-looking statements, can also be found on the SEC filings section in our IR website.

So now, I’ll turn it over to Thiago Maffra. Go evening, Maffra.

Thiago Maffra

Thank you, Andre. Good evening to all. I appreciate everyone joining us for our 2024 Second Quarter Earnings Call. It’s a pleasure to be here tonight. Let’s delve into our quarterly performance and discuss the strategic steps we are undertaking to ensure our continued growth and education to all shareholders. I would also like to extend a warm welcome to Victor Mansur, our new CFO, as this is his first earnings call with us. We are excited to have him on board and look forward to his contributions to our financial strategy and operations.

This quarter has been positive for

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