XP Inc Results Presentation Deck slide image

XP Inc Results Presentation Deck

Institutional and Issuer Services Institutional benefited from volumes and Issuer Services from market window Institutional Revenue (in R$ mn) 331 1Q20 -11% 294 1Q21 Highlights ▪ Despite the growth in core trading desks in 1021, the same period of last year benefited from a strong client activity in the fixed income business, due to the pandemics. Issuer Services Revenue (in R$ mn) 132 1Q20 +77% 7 234 1Q21 XP nc. Highlights ▪ This increase was driven by (1) Equity Capital Markets (ECM), with 12 executed deals vs 5 in 1Q20, and (2) our Debt Capital Markets (DCM) division, with participation in 43 deals vs 36 in 1Q20 20
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