Added to YB: 2024-08-27
Pitch date: 2024-08-25
NU [bullish]
Nu Holdings Ltd.
+17.28%
current return
Author Info
No bio for this author
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Company Info
Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.
Market Cap
$80.8B
Pitch Price
$14.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
32.34
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Nubank Holdings (NU): Why Provision Levels Are More Than Sufficient for Current Risk Exposure
NU: Fintech disruptor with sophisticated risk management. High provisions (IFRS 9), improved early NPLs, cost of risk > write-offs. Expanding in LATAM with 'know and grow' approach. Strong coverage ratio, 3x min regulatory capital. Tech-driven strategy, 50%+ staff in tech/analytics. Balancing growth with prudent risk management.
Read full article (7 min)