XP Inc.

General Information
Business:

 

Our mission is to transform the financial markets in Brazil to improve the lives of people in our country, which is the 6th largest economy in the world with over 200 million people and a GDP of nearly US$2 trillion. We believe the financial services industry in Brazil is generally inefficient, expensive by international standards and provides poor client experiences, because it is dominated by five traditional financial institutions with US$1.5 trillion in assets that account for approximately 93% of retail assets under custody, or AUC, according to a report by Oliver Wyman published in 2019, and 80% of all consumer loans and 79% of all deposits, according to the Central Bank of Brazil.

Industry: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Employees: 2091
Founded: 2001
Contact Information
Address Av. Chedid Jafet, 75, Torre Sul, 30th floor, Vila Olímpia – São Paulo, Brazil 04551-065
Phone Number +55 (11) 3075-0429.
Web Address http://www.grupoxp.com.br
View Prospectus: XP Inc.
Financial Information
Market Cap $12967mil
Revenues $1030.0 mil (last 12 months)
Net Income $109.4 mil (last 12 months)
IPO Profile
Symbol XP
Exchange NASDAQ
Shares (millions): 72.5
Price range $22.00 - $25.00
Est. $ Volume $1704.0 mil
Manager / Joint Managers Goldman Sachs/ J.P. Morgan/ Morgan Stanley/ XP Investments/ Itaú BBA
CO-Managers BofA Securities/ Citigroup/ Credit Suisse/ UBS Investment Bank
Expected To Trade: 12/11/2019
Day: Wednesday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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