Business · Markets · 11 hrs ago
B3 reports 9.9% rise in recurring third-quarter profit
Brazilian exchange operator B3 reported recurring net profit of 1.38 billion reais, up 9.9% from the same quarter a year earlier.
Chief financial officer André Milanez said diversifying beyond traditional stock trading helped the company grow in a less favorable economic setting.
About half of B3’s business is in shares and derivatives, which grew roughly 6% in the quarter, while fixed income, technology, data and platforms grew 16%.
B3 recently announced a partnership with IDEX Analytics to expand data products for Brazil’s private credit market.
The company has no plans to expand into other countries, but it is working to make Brazilian investments easier for foreign investors to access.
It is also developing Brazilian depositary receipts, which let people in Brazil invest in foreign assets, and says these products can help them diversify their portfolios.
B3 reported recurring net income of R$1.380 billion for the third quarter, up 9.9% from the same period a year earlier.
Recurring EBITDA rose 9.4% to R$1.9 billion, with a recurring margin of 68%.
Total revenue exceeded R$3 billion, an increase of 11.1% over 12 months.
CFO André Milanez attributed the results to the company’s strategy of diversifying its business.
B3 said it is working to make Brazilian markets more accessible to foreign investors, rather than expanding into other countries.
- Who
- B3, the Brazilian financial market operator.
- What
- It reported recurring third-quarter net income of R$1.380 billion, up 9.9% year on year.
- When
- The third quarter; the report was published on November 14, 2026.
- Where
- Brazil.
- Why
- CFO André Milanez attributed the results to business diversification, including growth in recurring-revenue areas.
This story does not have two clearly opposing sides.
The number of people investing in the stock market rose from fewer than 1 million to almost 6 million.
B3 recorded recurring net income of R$1.380 billion, up 9.9% year on year.
CNN Brasil published its report on B3’s results and CFO André Milanez’s comments.
- Recurring net income
- R$1.380 billion
- Net income growth
- 9.9% year on year
- Recurring EBITDA
- R$1.9 billion
- Recurring EBITDA growth
- 9.4%
- Total revenue
- More than R$3 billion; up 11.1% over 12 months
- Business partnership
- B3 announced a partnership with IDEX Analytics to expand fixed-income data products
What people are saying
This is the result of a strategy to diversify our business, which we have been implementing for some years.
With this, combined, we were able, even in a somewhat less favorable environment, to deliver growth of more than 10% in revenue, EBITDA and the company’s net income.
We see this instrument as having great potential to offer simpler and more efficient solutions so Brazilian investors can further expand or diversify their investment portfolios.