Nu Holdings Ltd. (NU)

The company now

On 13 August Nu Holdings reported second-quarter 2026 net income of $1.1 billion, its first above $1 billion, up 17 percent from the first quarter and 49 percent from a year earlier 1. Return on equity, profit measured against shareholders' money, closed the quarter at 33 percent 1. Nu added about 4 million customers in the quarter and reached 139 million 1.

Gross profit reached $2.4 billion, up 43 percent from a year earlier 1. It is revenue less funding costs, transaction costs and expected credit losses 2. Credit made 41 percent of that, fees 25 percent and float 34 percent 1.

Float is the income Nu earns by investing the deposits customers leave with it 7. Loans 90 days or more overdue rose 35 basis points to 6.9 percent, which Nu tied largely to the seasonal arrival of first-quarter early delinquencies 1.

Since the quarter closed, Nu opened its Mexican bank, began US products through a partner bank on 10 September, and agreed to buy a Brazilian bank for its licence 168. Nu announced that it will host its first Investor Day on 8 December in New York, and third-quarter results are not yet out 12.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.