NU
NYSE · Banking
Nu Holdings Ltd/Cayman Isl-A
$13.84
-0.28 (-1.98%)
NU News30 articles
Nu Holdings Stock Dips Ahead of Q2 as Credit Quality Takes Center Stage
Nu Holdings (NU) slipped 1.3% ahead of Q2 results, with attention on credit costs and margin pressure. Analysts see EPS at $0.20.
Nu Holdings Buyback Modest Amid Q2 Credit Test
Nu Holdings (NU) shares edge higher as a $1B buyback provides minimal buffer; Q2 earnings due Aug 13 will test credit quality.
Nu Holdings Faces Valuation Test Ahead of Mexico Bank Launch
Nu Holdings (NU) rose 1.7% last week, but its valuation remains stretched at 22.1x trailing earnings. Mexico bank launch and rate decision loom.
Kaspi.kz Shares Climb 3.5% as Insider Sales Stay Minimal
Kaspi.kz shares gained 3.5% last week as insider selling was limited. Investors now look to August 10 results for margin improvement.
MercadoLibre Stock Climbs Ahead of Q2 Report Despite Profit Forecast Slash
MercadoLibre (MELI) shares rose 4.2% ahead of Q2 earnings, even as analysts slashed EPS forecasts by 22.4%. Revenue growth is strong, but margin pressure and valuation remain key concerns.
Nu Holdings Faces Credit Quality Test as Stock Lags Brazilian Rivals
Nu Holdings (NU) shares trailed Brazilian fintech peers last week. Q1 credit surged 40% but risk-adjusted margins fell, raising concerns ahead of Q2 earnings on Aug. 13.
Nu Holdings Stock Dips 3% as New Croma Product Raises Cost Concerns
Nu Holdings (NYSE:NU) shares fell 3.1% to $14.23 after launching the Croma premium card package, which may intensify reward cost pressures.
Nu Holdings Shares Rise 3% in Premarket Despite Buyback Impact
Nu Holdings shares rose 3% in premarket trading, supported by strong Q1 earnings and a new banking license in Brazil, though higher credit-loss allowances and a rising stock price are limiting buyback impact.
Nu Holdings Shares Rise on Brazil Bank License, Lower Regulatory Risk
Nu Holdings shares advanced in U.S. premarket trading after the company secured a bank license in Brazil, a move that diminishes regulatory risk for the digital lender.
Nu Holdings Shifts Focus to Deposits Ahead of Mexico Bank Launch
Nu Holdings (NYSE:NU) is set to launch banking services in Mexico on August 6, emphasizing deposit growth over customer acquisition.
Nu Holdings Rises on Brazil Bank License; Valuation Premium Grows
Nu Holdings shares surged 6.8% in three sessions, supported by a Brazil bank license deal with no additional capital needs, while Mexico banking transition progresses.
Nu Holdings gains after acquiring Brazil bank license in capital-neutral deal
Nu Holdings (NYSE:NU) shares rose 2.9% on Tuesday after the company agreed to acquire Banco Porto Real, gaining a Brazilian banking license without additional capital or liquidity obligations.
Nu Holdings Acquires Banco Porto Real for Brazilian Banking License
Nu Holdings acquires Banco Porto Real for a Brazilian banking license. The deal is regulatory, not expansionary, with minimal financial impact.
Nu Holdings Rises on Mexico Deposit Growth, Outpacing Customer Gains
Nu Holdings shares rose 3.5% as Mexico deposits outpace customer share, indicating deeper engagement. The company also received a banking license in Mexico.
Nu Holdings Shares Dip After Mexico License Approval, Focus Shifts to Deposit Metrics
Nu Holdings shares closed lower Friday after receiving its Mexico bank license, with trading volume spiking. The company's deposit base of $5.9 billion averages $393 per customer.
Nu Holdings' Regional Chief Faces Valuation Hurdle as Mexico Expansion Accelerates
Nu Holdings (NU) appoints Livia Chanes as regional head, facing valuation pressure with a P/E of 21.3, as it seeks growth beyond Brazil in Mexico and Colombia.
Nu Holdings Taps Chanes to Lead LatAm as Mexico Deposits Outpace Customer Share
Nu Holdings (NYSE:NU) puts Livia Chanes in charge of Latin American operations as Mexico's deposit share (14%) exceeds its customer share (11%), signaling a shift from growth to monetization.
Nu Holdings Secures Mexican Bank License, Deposit Base Under Spotlight
Nu Holdings has been granted a Mexican banking license, shifting focus to its deposit base. Mexico contributed 14% of deposits with only 11% of customers, raising questions about profitability.
Nu Holdings Heavy Volume Signals Caution Amid Mexico Bank Approval
Nu Holdings (NU) saw 133 million shares trade Monday, 239% of average, but stock closed flat at $13.67. Mexico bank approval and new CFO mark execution milestones, not price catalysts.
Nu Holdings Secures Mexican Banking License, Deposit Insurance to Surge 16-Fold
Nu Holdings' Mexican unit received final approval for a full banking license, increasing deposit insurance 16-fold, but the stock saw limited gains as investors await tangible improvements in funding costs and credit growth.
Nu Holdings Gains Mexican Banking License, Heavy Volume Fails to Move Stock
Nu Holdings gained Mexican banking approval, yet heavy trading volume barely moved the stock. The focus shifts to execution and the new CFO.
Nu Holdings Buyback: $1 Billion Plan May Have Limited Impact on Share Count
Nu Holdings' $1 billion buyback appears modest against its share count and employee stock issuance, potentially reducing shares by only 1.5%.
Nu Holdings Dips Despite JPMorgan's $20 Price Target Boost
Nu Holdings shares slipped Wednesday to $13.345, even as JPMorgan raised its price target to $20. The stock faces headwinds from rising non-performing loans and a CFO change.
Nu Holdings Stock Dips as Proxy Reveals Minimal Buyback Impact
Nu Holdings shares slipped 1.1% after a proxy filing revealed its $1 billion buyback would reduce share count by only about 1.5%, while Class B shares control 84% of voting power.
Nu Holdings Stock Rises Ahead of CFO Change; Buyback Capacity Shrinks
Nu Holdings (NU) gained 3.3% in a short week, but its $1B buyback now covers fewer shares as the stock price rises. Investors watch credit quality and the upcoming CFO change.
Nu Holdings Buyback Impact Limited by Heavy Trading Volume
Nu Holdings' $1 billion buyback is viewed as modest against $2.8 billion in shares traded during a shortened holiday week, with analysts noting limited impact on credit and margin issues.
Nu Holdings Announces $1 Billion Buyback; Stock Steadies Ahead of Holiday
Nu Holdings (NU) announced a $1 billion share buyback plan. The stock steadied around $13.40 after a volatile session with volume surging 62% above average.
Nu Holdings stock gains on heavy volume, nearing buyback limit
Nu Holdings shares rose 1.16% on heavy volume, with dollar turnover hitting 64% of its $1 billion buyback authorization, outperforming the Brazil ETF.
Nu Holdings Shares Surge on Buyback Announcement, Outperform Peers
Nu Holdings (NU) shares climbed 1.8% to $13.36, outpacing major ETFs, following a $1 billion buyback announcement that signals confidence in capital management.
Nu Holdings Ends Week Higher After Needham's Bullish Initiation
Nu Holdings (NU) surged 5.7% to $13.17 on Friday, reversing earlier losses to post a 3.6% weekly gain, after Needham initiated coverage with a $17 price target, citing a scaled and profitable customer base and expected U.S. expansion.