$AGBK

AGI Inc

CIK:0002081206|SEC Filings

Consolidated Statement of Income - BRL (R$) R$ in Thousands	12 Months Ended
Consolidated Statement of Income - BRL (R$) R$ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
IfrsStatementLineItems [Line Items]
Interest income using the effective interest method	R$ 9,522,486	R$ 6,665,322	R$ 4,709,123
Interest expense using the effective interest method	(5,076,172)	(2,770,853)	(1,885,435)
Net interest income	4,446,314	3,894,469	2,823,688
Gain on financial assets at fair value through profit or loss	303,219	92,112	81,249
Commissions, banking fees and other revenues from services	868,535	526,927	197,272
Operating income	5,618,068	4,513,508	3,102,209
(-) Expected credit losses	(1,700,492)	(1,133,711)	(788,054)
Personnel expenses	(524,674)	(448,865)	(438,749)
Selling, general and administrative expenses	(1,310,764)	(1,225,837)	(875,692)
Tax expenses	(503,804)	(429,969)	(276,047)
Depreciation and amortization	(201,868)	(164,842)	(134,858)
Operating expenses	(4,241,602)	(3,403,224)	(2,513,400)
Net operating income	1,376,466	1,110,284	588,809
Loss on derecognition of financial assets		(11,723)
Other income (expenses), net	(39,645)	(57,550)	(7,174)
Income before income tax and social contribution	1,336,821	1,041,011	581,635
Current income tax and social contribution	(700,567)	(433,638)	(221,525)
Deferred income tax and social contribution	410,359	186,983	65,948
Net income for the year	1,046,613	794,356	426,058
Attributable to the owners of the parent / Net investment of the parent companies	1,037,833	791,014	421,991
Attributable to non-controlling interests	R$ 8,780	R$ 3,342	R$ 4,067
Common Shares [Member]
Basic and diluted earnings per share – R$
Basic earning per share	R$ 1.23	R$ 1.00	R$ 0.53
Diluted earning per share	1.23	1.00	0.53
Preferred Shares [Member]
Basic and diluted earnings per share – R$
Basic earning per share	1.59	1.00	0.53
Diluted earning per share	R$ 1.59	R$ 1.00	R$ 0.53

Consolidated Statement of Cash Flows - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of cash flows [abstract]
Net income for the year	R$ 1,046,613	R$ 794,356	R$ 426,058
Expected credit losses	(1,700,492)	(1,133,711)	(788,054)
Depreciation and amortization	201,868	164,842	134,858
Provision for contingencies	192,360	233,697	138,448
Income tax expenses	290,208	246,655	155,577
Interest expense on leases	32,313	33,388	22,278
Loss on disposal of property and equipment and intangible assets	2,058	1,885	3,648
Interest expense on loans and borrowings	67,481	44,385
Net changes in operating assets and liabilities
(Increase) / decrease in financial assets measured at FVTOCI	14,394	25,450	13,155
(Increase) / decrease in financial assets measured at FVTPL	(2,154,962)	704,457	(963,392)
(Increase) / decrease in financial assets measured at amortized cost	(14,309,750)	(7,756,931)	(4,849,968)
(Increase) / decrease in other assets	(388,077)	(431,407)	(152,217)
Increase in customer demand deposits	25,593	113,549	3,931
Increase) / decrease in other liabilities	82,474	158,344	49,504
Increase in debt issued and other borrowed	3,488,502	539,421	60,186
(Increase) / decrease in obligations related to credit assignments	5,937,722	2,083,847	512,651
Decrease in provisions for contingencies	(183,940)	(164,013)	(70,460)
Increase in customer time deposits	4,248,148	3,287,211	4,886,457
(Increase) / decrease in interbank market funds	2,914,543	2,342,292	552,834
(Increase) / decrease in derivative instruments	264,102	(410,795)	24,303
Income tax and social contribution paid	(480,781)	(389,883)	(193,114)
Net cash flows from (used in) operating activities	(409,623)	487,039	(33,317)
Investment activities
Purchase of property and equipment	(52,509)	(26,910)	(9,167)
Purchase of intangible assets	(109,877)	(80,889)	(71,177)
Proceeds from Consórcio divestiture			2,349
Net cash used in investing activities	(162,386)	(107,799)	(77,995)
Financing Activities
Sale of non-controlling interest		400,000
Increase in borrowings	353,904	437,780
Payment of borrowings	(247,929)	(5)	(2)
Payment of principal portion of lease liabilities	(86,097)	(75,870)	(69,752)
Payment of usufruct dividends		(179,794)
Transaction cost on sale of non-controlling interest		(9,329)
Net cash flows from (used in) financing activities	19,878	572,782	(69,754)
Increase (decrease) in cash and cash equivalents	(552,131)	952,022	(181,066)
Cash and cash equivalents at beginning of period	1,405,410	453,388	634,454
Cash and cash equivalents at end of period	853,279	1,405,410	453,388
Increase (decrease) in cash and cash equivalents	R$ (552,131)	R$ 952,022	R$ (181,066)

Consolidated Statement of Financial Position - BRL (R$) R$ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and balances with banks	R$ 327,293	R$ 230,420
Financial assets	44,360,860	27,016,467
At fair value through profit or loss	3,102,639	1,105,089
At fair value through other comprehensive income		14,394
At amortized cost	41,258,221	25,896,984
Securities	2,474,971	1,904,014
Debentures	5,681,078	1,392,720
Compulsory deposits with the Brazilian Central Bank	660,772
Loans to customers	34,855,041	24,223,629
(-) Allowance for expected credit loss	(2,413,641)	(1,623,379)
Deferred tax assets	1,447,319	831,698
Property and equipment	92,413	57,951
Intangible assets	182,205	199,156
Right-of-use assets	211,697	223,285
Other assets	1,138,798	955,984
Total assets	47,760,585	29,514,961
Liabilities
Financial liabilities at amortized cost	31,699,085	20,841,533
Deposits	20,850,682	16,576,942
Funds from acceptances and issuance of securities	6,170,529	3,255,985
Debt issued and other borrowed funds	759,339	522,282
Loans and borrowing	667,089	480,103
Investment securities		6,221
Debentures (from Repurchase Agreements)	3,251,446
Derivatives	115,077	8,388
Provision for contingencies	310,343	301,923
Other liabilities	1,330,721	965,312
Obligations related to credits assignments	10,397,345	4,459,629
Lease liabilities	248,280	254,602
Deferred tax liabilities	382,874	206,860
Total liabilities	44,483,725	27,038,247
Equity
Net investment of the parent companies
Share capital	2,622,082	1,673,000
Treasury shares	(1,297)	(1,157)
Reserves	544,194	587,670
Retained earnings	115,160	52,726
Other comprehensive income	(3,279)	49,852
Attributable to equity holders of the parent	3,276,860	2,362,091
Non-controlling interests		114,623
Total equity	3,276,860	2,476,714
Total liabilities and equity	R$ 47,760,585	R$ 29,514,961