Nubank said Tuesday (Sept. 30) that it applied for a U.S. national bank charter as it explores opportunities to expand its digital banking platform beyond Latin America.
Nu Holdings delivered Q2 with 122.7M clients, 40% revenue growth and $637M net income, proving scalability while keeping efficiency and profitability. Despite premium multiples (P/E 33.6x, P/S 13x), forward P/E compresses to 15x by 2027 as EPS grows 30–40% annually, creating a deep value fintech case. Compared with Itaú, Bradesco, StoneCo and Mercado Libre, NU stands out for combining growth, scale, and consistent returns, positioned between traditional banks and higher-multiple fintechs.
NU tops 123M customers, fueling 29% revenue growth in Q2 2025 and cementing its dominance in Latin America's digital banking scene.
Nu Holdings delivered another stellar quarter, showcasing strong revenue growth, rising profitability, and expanding customer base across Latin America. I see Nubank as still early in its growth journey, with massive potential in the Latin American fintech market and a path to global financial leadership. Valuation remains attractive, with NU trading at under 1 PEG and a significant discount to peers like SoFi, despite superior growth and profitability.
The financial sector is dominated by big banks which mainly focus on generating stable profits instead of breakneck growth. However, a new generation of fintech companies -- which are modernizing traditional payment and banking services with their tech platforms -- are growing a lot faster than those aging industry leaders.
Recently, Zacks.com users have been paying close attention to Nu (NU). This makes it worthwhile to examine what the stock has in store.
Nu Holdings delivered robust Q2 2025 results, adding 4.1 million customers and growing revenue 40% despite economic headwinds in Brazil and Mexico. The company's tech-driven model enables superior efficiency and profitability versus traditional banks, supporting sustained growth and shareholder value creation. Nu is prudently expanding its credit portfolio, front-loading provisions for future growth, while maintaining strong credit quality and risk management.
Nu Holdings , which runs Brazilian digital lender Nubank, said in a statement on Monday its Chief Executive Officer David Velez sold 33 million class A shares of the company through Rua California Ltd.
On Thursday night, Latin American digital bank Nubank announced revenue and profits that beat analysts' expectations. Its share price jumped 10% on Friday to above $13.00, pushing its market value to nearly $64 billion.
Nu Holdings posted strong Q2 results with 42% currency neutral net income growth, fueled by rapid expansion in Brazil, Mexico, and Colombia. The digital banks robust credit performance, high capital ratio, and expanding customer base in under penetrated markets support higher valuations. Despite stellar growth and profitability, the stock remains undervalued at just 16x 2026 EPS, reflecting market skepticism about emerging market risks.
Nu Holdings Ltd. (NYSE:NU ) Q2 2025 Earnings Conference Call August 14, 2025 6:00 PM ET Company Participants David Velez-Osomo - Founder, Chairman & CEO Guilherme Marques do Lago - Chief Financial Officer Guilherme Souto - Investor Relations Officer & Director of Market Intelligence Conference Call Participants Daer Labarta - Goldman Sachs Group, Inc., Research Division Eduardo Rosman - Banco BTG Pactual S.A.
The headline numbers for Nu (NU) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.