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Nu Holdings (NU)
NYSE:NU
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.12Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -6.52%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
Nu Holdings demonstrated strong growth in revenue, customer base, and net income, with significant achievements in Mexico and increased deposits and lending. However, challenges remain with PIX financing, net interest margin contraction, and the need for balance sheet optimization.Company Guidance
During the Nu Holdings earnings call for the fourth quarter and full year of 2024, the company reported substantial growth and strategic advancements. Key metrics included a 22% year-over-year increase in active customers to nearly 95 million, with over 114 million total customers served across its geographies. The company added 20.4 million net new customers in 2024. In Brazil, Nu Holdings now serves 58% of the population, while in Mexico, the customer base exceeded 10 million. Total deposits grew by 55% to $28.9 billion on an FX-neutral basis, and the interest-earning portfolio expanded by 75% to $11.2 billion. Revenue surged by 58% year-over-year to $11.5 billion, driven by a 23% increase in ARPAC to $10.7. The efficiency ratio improved to 29.9%, marking Nu as one of the most efficient global financial services platforms. Net income nearly doubled to close to $2 billion, with an annualized return on equity of 28%. These achievements underscore Nu’s robust financial model and strategic focus on customer engagement and market growth across Latin America.Significant Customer Growth
Nu Holdings now serves over 114 million customers, with 20.4 million net additions in 2024, and active customer base grew 22% year-over-year.
Record Revenue Growth
Revenues grew 58% year-over-year on an FX Neutral basis to $11.5 billion in 2024, driven by sustained ARPAC growth, up 23% year-over-year.
Net Income Surge
Net income almost doubled from 2023 to close to $2 billion with an annualized return on equity of 28%.
Deposit and Lending Growth
Total deposits grew 55% FX Neutral to $28.9 billion, while the interest-earning portfolio expanded 75% to $11.2 billion.
Expansion in Mexico
Achieved a significant milestone by surpassing 10 million customers in Mexico, with deposits growing 438% from 2023 to $4.5 billion.
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NU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $13.34 | $10.82 | -18.89% |
| Nov 13, 2024 | $15.64 | $15.19 | -2.88% |
| Aug 13, 2024 | $12.71 | $13.38 | +5.27% |
| May 14, 2024 | $11.55 | $12.09 | +4.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nu Holdings (NU) report earnings?
Nu Holdings (NU) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Nu Holdings (NU) earnings time?
Nu Holdings (NU) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NU EPS forecast?
NU EPS forecast for the fiscal quarter 2025 (Q1) is 0.12.
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