Caixa Seguridade Participações (CXSE3) Q1 2026 earnings summary

Executive summary

• Achieved record quarterly performance in 1Q26, with managerial net income of BRL 1.1 billion, up 13.2% year-over-year and 1.6% sequentially from 4Q25.

• Operating revenues reached BRL 1.5 billion, a 10.3% increase year-over-year, driven by strong results in insurance, accumulation, and distribution businesses.

• Dividend payout of BRL 1.05 billion approved, representing a 91.9% payout ratio.

• Marked five years since IPO, with nearly BRL 15 billion distributed in dividends since listing.

Financial highlights

• Managerial net income: BRL 1,143 million (+13.2% YoY, +1.6% QoQ); accounting net income: BRL 1,150.3 million (+9.5% YoY).

• Operating revenues: BRL 1,523.7 million (+10.3% YoY, +2.4% QoQ).

• ROE reached 65.9%, up 7.3 p.p. YoY.

• Financial result grew 18.2% YoY, representing 31.8% of net income.

• Share price closed at BRL 18.35, market value BRL 55.0 billion, P/E 12.37, EPS BRL 0.38.

Outlook and guidance

• Continued focus on bundled insurance strategies and digital sales channels to drive growth.

• Ongoing initiatives to reduce outbound portability in private pension and enhance customer retention.

• Strategic priority on diversity, inclusion, and climate management, with recognition in B3 Carbon Efficient Index and ABNT Gold Seal.