Added to YB: 2025-02-26
Pitch date: 2024-02-24
NU [neutral]
Nu Holdings Ltd.
+64.24%
current return
Author Info
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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
$10.29
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:
NU: Hidden Pressures Under the Hood
NU (Q4 overview): 114.2M customers, 55% YoY deposit growth. Revenue +50% YoY FXN, but missed estimates due to FX. NIM compressed 60bps (55% structural). Expanding in Mexico/Colombia with lower margins. Delinquencies improved. Watching NIM compression and PIX financing slowdown. Long-term thesis intact, but monetization may take longer.
Read full article (9 min)