• Creditas, VEF’s largest portfolio holding, posted record third-quarter 2026 revenue of R$728.3 million, up 34.9% year over year.
• The loan portfolio reached a record R$8.5 billion, growing 26.8% year over year.
• Originations totaled R$1.13 billion, up 15% year over year.
• Gross profit fell 7.4% quarter over quarter to R$251.6 million, reflecting inflation effects, funding accrual timing and higher credit costs.
• Operating loss narrowed to R$53 million from R$81.8 million a year earlier, supported by structural cost improvements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VEF AB (publ) published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.