StoneCo-STNE Stock Rides on Deposit Strategies, Attractive Valuation

Key Takeaways StoneCo deposits hit R $8.3B in Q1, up 38% year over year, fueled by rising Pix usage and strategic bundling. STNE's cash sweep strategy could add 75-125 bps annually per R$ 1B in deposits converted to time deposits. StoneCo's deposit growth enhances retention, credit funding, and cushions interest rate volatility impact.In the first quarter of 2025, StoneCo Ltd.’s (STNE) deposit growth was fueled by rising Pix (Brazilian instant payment ecosystem) usage, strategic bundling and its cash sweep ...