StoneCo Schedules Q3 Earnings Call as Credit Pivot Doubles Portfolio
Brazilian fintech StoneCo will report Q3 2026 earnings on November 12, putting its aggressive and high-risk credit portfolio expansion under the spotlight.
U.S. retail investors holding shares of major financial technology firms are about to get a clear look at how a high-stakes pivot into small-business lending is playing out in Latin America’s largest economy.
On October 8, 2026, the Brazilian payment processing and software company StoneCo announced that it will release its third-quarter 2026 financial results on Thursday, November 12, 2026, after the New York market closes. The announcement sets up a critical update on the company's aggressive transition from a pure payment processor into a full-service credit provider for micro, small, and medium-sized businesses.
This transition has fundamentally reshaped the company's balance sheet. According to StoneCo's second-quarter 2026 financial report released on August 13, 2026, the company's total credit portfolio reached 3.752 billion Brazilian reais ($752 million), marking a massive 107.5% year-over-year expansion. By putting its foot on the gas in credit operations, the firm is attempting to offset a highly competitive and decelerating merchant acquiring market in Brazil.
However, this rapid credit expansion has introduced significant risk management challenges. Non-performing loans (NPLs) that are more than 90 days overdue rose sharply to 8.6% in the second quarter of 2026, up from 7.0% in the first quarter of 2026 and just 4.7% in the prior year. While management has pointed to stronger risk controls and faster provisioning compared to its previous credit attempts in 2021, the rising delinquency rates highlight the dangers of lending in a high-interest-rate environment, where Brazil's benchmark Selic rate sits at 13.75%.
The upcoming third-quarter report will show whether these delinquency rates are stabilizing or if the aggressive loan growth is beginning to erode profitability. Investors will also monitor how the company is navigating the country's broader macroeconomic challenges, where high corporate debt levels continue to pressure small-business borrowers.
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StoneCo is listed in New York on the Nasdaq exchange under the ticker STNE. For investors seeking diversified exposure to the broader Latin American financial technology sector, the company is also a holding in the ARK Fintech Innovation ETF.