--- title: "JPMorgan-backed Brazilian digital bank C6 posts 8.5% net profit increase in 2025" type: "News" locale: "en" url: "https://longbridge.com/en/news/274696137.md" datetime: "2026-02-03T18:14:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274696137.md) - [en](https://longbridge.com/en/news/274696137.md) - [zh-HK](https://longbridge.com/zh-HK/news/274696137.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/274696137.md) | [繁體中文](https://longbridge.com/zh-HK/news/274696137.md) # JPMorgan-backed Brazilian digital bank C6 posts 8.5% net profit increase in 2025 SAO PAULO, Feb 3 (Reuters) - Brazilian digital bank C6, which is backed by JPMorgan Chase (JPM.N) , posted a net profit of 2.46 billion reais ($470.28 million) in 2025, up 8.5% from a year prior, as Chief Executive Officer Marcelo Kalim voiced optimism about 2026. ### BY THE NUMBERS - Net revenue rose 15% to 9.2 billion reais in 2025, while operating expenses fell 9% to 4.2 billion reais. - Return on average equity (ROAE) was 45% last year, down from 60% in 2024. - Provision for doubtful debts increased to 2.5 billion reais in 2025 from 1.9 billion a year prior. - The lender’s credit portfolio grew 49% year-on-year to 89.3 billion reais in December. - Delinquency above 90 days stood at 2.9% at end-December, up from 2.6% a year earlier. 2026 OUTLOOK - CEO Marcelo Kalim told Reuters that figures for 2026 could likely mirror those seen in 2025. - He pointed out in an interview that the credit portfolio’s size provides “peace of mind,” with the bank starting the year with a high level of revenue and profitability. - Kalim noted that the portfolio may not grow in the same range as last year, but emphasized that, in nominal terms, it should show expansion of the same magnitude. - The executive added that defaults may increase, but stressed that the credit portfolio should remain quite healthy. ($1 = 5.2309 reais) ### Related Stocks - [JPMorgan Chase & Co. (JPM.US)](https://longbridge.com/en/quote/JPM.US.md) ## Related News & Research - [JPMorgan files for private credit fund that allows 7.5% redemptions](https://longbridge.com/en/news/280684858.md) - [Tinci Materials' Hong Kong IPO Likely To Raise Over $1B](https://longbridge.com/en/news/280992312.md) - [Higher Sugar Production in Brazil Weighs on Sugar Prices](https://longbridge.com/en/news/281229440.md) - [Flux Power Faces Loan Default, Liquidity Risks Mount](https://longbridge.com/en/news/281642360.md) - [SBA Default on Debentures Puts Medallion Financial Under Review](https://longbridge.com/en/news/281660512.md)