Latest news with #NuHoldingsLtd
Yahoo
4 days ago
- Business
- Yahoo
Nu Holdings Ltd. (NU) Q2 Earnings and Revenues Top Estimates
Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.69%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.12, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Nu , which belongs to the Zacks Banks - Foreign industry, posted revenues of $3.67 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.35%. This compares to year-ago revenues of $2.85 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Nu shares have added about 19.4% since the beginning of the year versus the S&P 500's gain of 10%. What's Next for Nu ? While Nu has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Nu was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.15 on $3.85 billion in revenues for the coming quarter and $0.55 on $14.9 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Foreign is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Canadian Imperial Bank (CM), another stock in the same industry, has yet to report results for the quarter ended July 2025. The results are expected to be released on August 28. This bank and financial services company is expected to post quarterly earnings of $1.40 per share in its upcoming report, which represents a year-over-year change of -0.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Canadian Imperial Bank's revenues are expected to be $5 billion, up 3.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report Canadian Imperial Bank of Commerce (CM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Here's What Key Metrics Tell Us About Nu (NU) Q2 Earnings
For the quarter ended June 2025, Nu Holdings Ltd. (NU) reported revenue of $3.67 billion, up 28.8% over the same period last year. EPS came in at $0.14, compared to $0.12 in the year-ago quarter. The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of $3.66 billion. With the consensus EPS estimate being $0.13, the EPS surprise was +7.69%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Nu performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Active customers: 102.2 million versus 101.14 million estimated by two analysts on average. Revenue- Fee and commission income: $539.73 million versus the two-analyst average estimate of $523.63 million. Revenue- Interest income and gains (losses) on financial instruments: $3.13 billion compared to the $3.13 billion average estimate based on two analysts. View all Key Company Metrics for Nu here>>> Shares of Nu have returned -10.7% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Wire
5 days ago
- Business
- Business Wire
Nu Holdings Ltd. Reports Second Quarter 2025 Financial Results
SíO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU) ('Nu' or the 'Company'), one of the largest digital financial services platforms in the world, released its Second Quarter 2025 financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasilia time. "In Q2'25, we achieved another quarter of robust growth, expanding our customer base to nearly 123 million with over 4.1 million net additions, and maintaining an activity rate above 83%. This strong engagement drove revenues to $3.7 billion, representing an 85% annualized growth rate since 2021, and allowed us to nearly triple our quarterly net income to $637 million in the past two years. These results come despite our ongoing investments in growth and, most importantly, in keeping our customers loving us fanatically, proving that it's possible to scale efficiently, with discipline, and still generate strong earnings while building the foundation for the long-term', says David Vélez, founder and CEO of Nubank. Q2'25 Results Snapshot Below are the Q2'25 performance highlights of Nu Holdings Ltd.: Operating Highlights: Customer growth: Nu added 4.1 million new customers in Q2'25, a 17% year-over-year (YoY) increase, reaching a total of 122.7 million customers globally. This expansion reinforces Nu's position as one of the world's largest and fastest-growing digital financial services platforms. In Brazil, Nu is the third-largest financial institution by number of customers, according to the Brazilian Central Bank. Engagement and activity rates: Monthly Average Revenue per Active Customer (ARPAC) crossed the $12 mark for the first time, reaching $12.2 in Q2'25, up 18% YoY on a FX-neutral basis 1 (FXN), and $27.3 for customers with over eight years on the platform. The monthly activity rate 2 is 83.2%. Low-cost operating platform: Monthly Average Cost to Serve Per Active Customer remained stable at $0.80 per customer. Asset Quality 3: Nu's leading indicator of asset quality, the 15 to 90-day NPL ratio, declined 30 basis points (bps) QoQ to 4.4% in Q2'25. The 90+ NPL ratio increased by 10 bps to 6.6%, reflecting the rise in early delinquency observed in Q1'25 and following the usual seasonal pattern. Financial Highlights: Net & Adjusted Income: Net Income increased by 42% YoY FXN to $637 million, compared to $487.3 million in Q2'24, and the annualized ROE was 28% - well above industry peers. Adjusted Net Income 4 increased to $694.5 million. Revenue: Nu's Q2'25 revenues increased 40% YoY FXN, reaching a record of $3.7 billion. Gross Profit: Nu's gross profit totaled $1.55 billion in Q2'25, up 14% FXN sequentially and 24% YoY on FXN, reflecting NII expansion and stable credit allowances. Gross profit margin also improved by 160 bps QoQ to 42.2%. Liquidity: Deposits increased 41% YoY FXN to $36.6 billion, while the cost of funding reached 91% of the blended interbank rates for the quarter. Total receivables across Nu's credit card and loan portfolios expanded 40% YoY FXN and 8% QoQ FXN to $27.3 billion, while its total Interest-Earning Portfolio (IEP) increased 55% YoY FXN to $15.7 billion as of June 30, 2025. Net Interest Income: Increased 33% YoY and 11% QoQ on FXN, reaching a new all-time high of $2.1 billion. The net interest margin (NIM) rose 20 bps to 17.7%. Nu Holdings' risk-adjusted NIM expanded by 100 bps, reaching 9.2% in Q2'25. Business highlights Performance and Growth in Brazil: In Brazil, our customer base reached 107.3 million as of June 30, 2025, which represents over 60% of Brazil's adult population, and 60% of those customers use Nu as their primary financial relationship. The deposit base has grown to $27.8 billion, reflecting the strength of our brand and customer trust. International expansion: In Mexico, our customer base reached 12 million customers, now serving around 13% of Mexico's adult population. Deposits reached $6.7 billion. In Colombia, our customer base reached 3.4 million customers, serving nearly 10% of Colombia's adult population and deposits increased 841% FXN YoY to $2.1 billion in Q2'25. Multi-growth platform: In Q2'25, the active credit customer base reached 55 million (+11 YoY). The total credit card base increased to 6.6 million (+52% YoY) in Mexico, and to 1.4 million (+34% YoY) in Colombia. Nu expanded its customer base segments in SME to 5.2 million (+23% YoY), Super Core to 9.8 million (+ 14% YoY), High Income to 3 million (+ 13% YoY) and Mass Market to 104.7 million (+18% YoY). The active unsecured loans customers reached 13.6 million (+56% YoY), and active secured loans customers reached 6.8 million (+158% YoY). Active investments and crypto customers base reached 36.2 million (+70% YoY) and 6.6 million (+41% YoY), respectively. Those elements together have broadened our platform into a powerful multi-product, multi-segment, and multi-geo growth engine. Footnotes 1 FX neutral measures were calculated to present what such measures in preceding periods/years would have been had exchange rates remained stable from these preceding periods/years until the date of the Company's more recent financial information. 2 Activity rate is defined as monthly active customers divided by the total number of customers as of a specific date. 3 Brazil Only 4 Adjusted Net Income is a non-IFRS measure calculated using Net Income adjusted for expenses related to Nu's share-based compensation as well as the hedge accounting and tax effects related to these items, among others. For more information, please see 'Non-IFRS Financial Measures and Reconciliations – Adjusted Net Income Reconciliation". Note on forward-looking statements and non-IFRS financial measures This release speaks at the date hereof and the Company is under no obligation to update or keep current the information contained in this presentation. Any information expressed herein is subject to change without notice. Any market or other third-party data included in this presentation has been obtained by the Company from third-party sources. While the Company has compiled and extracted the market data, it can provide no assurances of the accuracy and completeness of such information and takes no responsibility for such data. This release contains forward-looking statements. All statements other than statements of historical fact contained in this presentation may be forward-looking statements and include, but are not limited to, statements regarding the Company's intent, belief or current expectations. These forward-looking statements are subject to risks and uncertainties, and may include, among others, financial forecasts and estimates based on assumptions or statements regarding plans, objectives and expectations. Although the Company believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those risks and uncertainties included under the captions 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the prospectus dated December 8, 2021 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and in the Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission on April 16, 2025. The Company, its advisers and each of their respective directors, officers and employees disclaim any obligation to update the Company's view of such risks and uncertainties or to publicly announce the result of any revision to the forward-looking statements made herein, except where it would be required to do so under applicable law. The forward-looking statements can be identified, in certain cases, through the use of words such as 'believe,' 'may,' 'might,' 'can,' 'could,' 'is designed to,' 'will,' 'aim,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'forecast', 'plan', 'predict', 'potential', 'aspiration,' 'should,' 'purpose,' 'belief,' and similar, or variations of, or the negative of such words and expressions. The financial information in this document includes forecasts, projections and other predictive statements that represent the Company's assumptions and expectations in light of currently available information. These forecasts, projections and other predictive statements are based on the Company's expectations and are subject to variables and uncertainties. The Company's actual performance results may differ. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein, and undue reliance should not be placed on the forward-looking statements in this presentation, which are inherently uncertain. In addition to IFRS financials, this presentation includes certain summarized, non-audited or non-IFRS financial information. These summarized, non-audited or non-IFRS financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with IFRS. References in this presentation to 'R$' refer to the Brazilian Real, the official currency of Brazil. About Nu Nu is one of the largest digital financial services platforms in the world, serving more than 122 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative products and services. Guided by its mission to fight complexity and empower people, Nu caters to customers' complete financial journey, promoting financial access and advancement with responsible lending and transparency. The company is powered by an efficient and scalable business model that combines low cost to serve with growing returns. Nu's impact has been recognized in multiple awards, including Time 100 Most Influential Companies, Fast Company's Most Innovative Companies, and Forbes World's Best Banks. For more information, please visit
Yahoo
13-06-2025
- Business
- Yahoo
Top Fintech Stocks That are Transforming the Future of Finance
An updated edition of the April 15, 2025 or financial technology, is revolutionizing how individuals and businesses manage money by offering faster, more affordable and user-friendly financial services. From digital payments and mobile banking to artificial intelligence (AI)-driven insurance platforms, robo-advisors and blockchain solutions, fintech is redefining traditional finance through innovation and digital transformation is particularly resonating with Millennials and Gen Z, who are driving widespread adoption thanks to fintech's mobile-first, on-demand convenience. Routine financial activities like transferring money, making payments, investing and getting financial advice can now be done effortlessly via smartphones or laptops. As a result, the global fintech market is expanding rapidly. The market, valued at $340.10 billion in 2024, is projected to surpass $1.12 trillion by 2032 at a CAGR of 16.2% (Fortune Business Insights report), highlighting its potential for long-term growth and truly sets fintech apart is its fusion of finance with cutting-edge technologies such as AI, machine learning and blockchain. These tools are reshaping how banks, lenders and investment platforms operate by enhancing security, personalizing user experiences and driving down consumer preferences continue to shift toward digital solutions, both startups and established financial institutions are investing heavily in fintech to stay competitive. For investors, this presents a compelling opportunity to tap into a dynamic, high-growth sector poised to redefine the global financial ecosystem. Hence, stocks like Robinhood Markets Inc. HOOD, Nu Holdings Ltd. NU and SoFi Technologies, Inc. SOFI are gaining traction. Our Fintech Screen will help you identify the right stocks now to ride the wave of this trillion-dollar revolution. Leveraging advanced tools, our thematic screens identify companies shaping the future, making it easier to capitalize on emerging to uncover more transformative thematic investment ideas? Explore 30 cutting-edge investment themes with Zacks Thematic Screens and discover your next big opportunity. Robinhood, founded in 2013 by Vlad Tenev and Baiju Bhatt, democratized finance by providing commission-free stock trading. Launched in 2015, its app quickly gained popularity among younger investors, disrupting traditional brokerage firms. The platform became a major force in retail investing, particularly during the pandemic, when a surge in retail trading fueled its rapid has evolved from a brokerage firm mainly trading in digital assets to a more mature and diversified entity, striving to widen its market and reach. The company operates in multiple financial sectors, offering stock and ETF trading, options trading, cryptocurrency transactions, retirement accounts and cash management services. The company has also expanded into prediction markets and launched the Robinhood Wallet for self-custodial crypto storage. These diverse offerings make it a key player in the fintech industry, attracting millions of users with its user-friendly and innovative approach. The company intends to become a one-stop shop for building generational plans to expand internationally, particularly in Europe and Asia, while introducing services for institutional investors. The company, carrying a Zacks Rank #3 (Hold), is developing AI-powered investment tools and exploring Decentralized Finance (DeFi) integration to enhance its offerings. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks these initiatives, the company will continue to reshape the financial industry by making investing more accessible and technologically advanced. The Zacks Consensus Estimate for HOOD's 2025 sales and EPS implies year-over-year growth of 22.3% and 12.8%, Holdings is reshaping traditional finance in Latin America by targeting underserved and digitally native consumers with a broad suite of app-based services across lending, banking and investing. As of March 31, 2025, the company had amassed a staggering 118.6 million customers, a clear signal that its influence on the region's financial future is deepening a digital-first, highly scalable model, Nu Holdings has reduced operational costs while boosting efficiency and accessibility. This strategy not only disrupts legacy banking structures but also promotes financial inclusion in markets long underserved by traditional players. Its flagship platform, NuBank, has become one of the most trusted and recognized financial brands in Latin America. Ongoing digital adoption across the region is expected to further accelerate its growth diversified revenue streams — lending, interchange fees and marketplace services — offer both resilience and scalability. Credit cards and personal loans remain strong contributors, supporting the platform's monetization and customer engagement a space where many fintechs prioritize rapid growth over profitability, Nu Holdings stands out for balancing scale with financial discipline. With continued innovation, disciplined execution and a growing footprint across emerging economies, this Zacks Rank #3 firm is not just expanding its reach, it's establishing itself as a long-term leader in the global digital finance Zacks Consensus Estimate for NU's 2025 sales and EPS implies year-over-year growth of 28.5% and 20%, respectively. SoFi is redefining traditional finance through its app-based digital banking platform, offering a wide array of services, including lending, banking, investing and insurance. In 2024, the company surpassed 10 million members, a testament to its growing consumer appeal and the strength of its all-in-one financial ecosystem.A major catalyst for SoFi's growth is Galileo, its B2B financial services platform, which powers seamless payment and lending integrations for other fintechs and financial institutions. Galileo not only diversifies SoFi's revenue streams but also cements its position in the rapidly expanding embedded finance market. Its adoption by a growing roster of high-profile clients enhances the company's credibility and market land-and-expand strategy remains a core strength. By offering a broad spectrum of financial products, the company attracts new users and creates a strong cross-selling dynamic. This integrated model encourages deeper customer engagement while incentivizing partners to embed more of their offerings within SoFi's ecosystem, ultimately driving higher lifetime value per a strong first-mover advantage in U.S. fintech and an aggressive growth mindset, this Zacks Rank#3 company is well-positioned for continued earnings expansion. Its increasing cross-sell capabilities and platform scalability point to a compelling long-term outlook in a fast-evolving digital finance landscape. The Zacks Consensus Estimate for SOFI's 2025 sales and EPS implies year-over-year growth of 26.2% and 80%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report SoFi Technologies, Inc. (SOFI) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
New Brazil Fiscal Package Weighs In on Nu Holdings (NU)
We recently published a list of . Nu Holdings Ltd. (NYSE:NU) is one of the worst-performing stocks on Thursday. Nu Holdings declined by 5.4 percent at intraday trading on Thursday at $12.07 apiece as investor sentiment was dampened by uncertainties in Brazil's new fiscal package. The plan, which includes slapping higher taxes on financial firms, heavily weighed on investor sentiment, including Nu Holdings Ltd. (NYSE:NU). While the bill remains under scrutiny by the Congress, the measure would require the financial sector to pay higher duties on their net profits if it passes into law. According to the Brazilian government, the overall measure is expected to generate R$40 billion annually. A wide angle shot of a team of bankers and financial advisors evaluating an investment portfolio on a touchscreen monitor. In the first quarter of the year, Nu Holdings Ltd. (NYSE:NU) grew its net income by 74 percent to $557.2 million from the $378.8 million in the same period last year. Revenues rose by 40 percent to $3.2 billion driven by a 62 percent expansion in the interest-earning portfolio. 'In Brazil, nearly 30 percent of adults consider Nu their primary bank, confirming significant market share gains and value delivery. With disciplined boldness, we're capitalizing on vast growth opportunities by responsibly expanding, strategically reinvesting, and scaling our proven flywheel model,' said Nubank CEO David Velez. 'We are confident that by continuously enhancing our offerings and market position, Nubank will capitalize on the long runway of growth ahead of us and deliver enduring value to both customers and shareholders,' he added. While we acknowledge the potential of NU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Sign in to access your portfolio
