Nu Holdings Ltd. (NYSE:NU ) Q1 2025 Earnings Conference Call May 13, 2025 6:00 PM ET Company Participants Guilherme Souto - IR Officer David Velez - Founder, CEO and Chairman Guilherme Lago - CFO Youssef Lahrech - President and COO Conference Call Participants Jorge Kuri - Morgan Stanley Eduardo Rosman - BTG Pactual Pedro Leduc - Itaú BBA Tito Labarta - Goldman Sachs Thiago Batista - UBS Gustavo Schroden - Citi Mario Pierry - Bank of America Yuri Fernandes - JPMorgan Operator Good evening, ladies and gentlemen.
Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate.
Nu Holdings' top line in the first quarter of 2025 is anticipated to have benefited from its customer-centric model.
NU Holdings has secured a full banking license in Mexico, enabling it to expand its product offerings beyond credit cards to include personal loans. NU's strategy focuses on becoming the largest retail bank in Latin America, expanding into telecom and e-commerce, and scaling an AI-driven banking model globally. Mexico's low financial inclusion and high profitability make it an ideal market for NU's disruptive banking model, similar to its success in Brazil.
Nu (NU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nu Holdings (NU 0.69%) stock jumped 21% in April, according to data from S&P Global Market Intelligence. It has been reporting strong growth consistently, and as a non-U.S.-based company, investors are seeing value in it while they're worried about tariffs.
Nu Holdings (NU 0.69%) investors received exciting news recently when the company secured regulatory approval to transform its Mexico banking operations into a full-service bank. A dominant player in Brazil's banking scene, Nu is now setting its sights on growing its banking footprint in Mexico.
The latest trading day saw Nu Holdings Ltd. (NU) settling at $12.43, representing a +0.16% change from its previous close.
Nu (NU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Nu Holdings delivered strong 2024 results, with a 43% revenue growth and a net income of $1.97B, nearly doubling 2023's performance. The company's high ROE of 32% and efficient operations reflect strong profitability and capital utilization. Nu's customer base exceeded 114 million, with impressive expansion in Brazil, Mexico, and Colombia, reinforcing its leadership in Latin America's fintech sector.
Nu Holdings Ltd. (NU) concluded the recent trading session at $12.14, signifying a +1.08% move from its prior day's close.
Nu Holdings, a leading digital financial services platform in Latin America, is trading at attractive levels with significant growth potential in existing and new markets. Despite temporary setbacks in Q4 2024, including FX headwinds and a sequential ARPAC decline, the underlying business remains strong with healthy customer growth and stable credit risk metrics. FX headwinds are subsiding, potentially boosting reported growth rates.