B3 (B3SA3) Reports Net Income of R$ 1.6 Billion in 3Q26, Up 31%

Total revenue was R$ 3,074.6 million, up 11.1% over 3Q25 and down 0.2% from 2Q26, and net revenue totaled R$ 2,760.3 million (+11.0%). Pro-cyclical revenues, which are more closely tied to the market cycle, grew 6.4%, and recurring revenues advanced 15.8%.

Recurring net income, which excludes non-recurring items, was R$ 1,380.6 million, up 9.9%, with recurring earnings per share of R$ 0.28 (+14.0%). Recurring EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$ 1,887.0 million, up 9.4%, with a margin of 68.5%, compared with 69.4% in 3Q25.

Expenses totaled R$ 987.0 million, up 17.4%, while adjusted expenses grew 7.5%, to R$ 642.8 million. The financial result was positive at R$ 110.1 million. In traded volume, the cash equities ADTV (average daily traded volume) was R$ 27.3 billion (+25.4%) and the derivatives ADV (average daily volume) was 9.9 million contracts (+7.0%).

Shareholder returns totaled R$ 1,511.0 million in the quarter: R$ 1,128.0 million in JCP (Interest on Equity), of which R$ 378.0 million were ordinary and R$ 750.0 million were extraordinary, and R$ 383.0 million in buybacks of 24.6 million shares. The company ended 3Q26 with gross debt of R$ 14.9 billion, equivalent to 1.9 times the recurring EBITDA of the last 12 months.