Nubank’s first quarter results were met with a negative market reaction, as profitability lagged despite strong revenue growth. Management attributed the revenue gains primarily to ongoing customer acquisition across Brazil, Mexico, and Colombia, and to higher monetization per active customer. CEO David Velez-Osomo noted that the company’s “customer base now stands above 135 million,” with expanding engagement in both its core and newer markets, while also emphasizing that higher credit provisio
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Nu Holdings Ltd (NU) reports a historic $5 billion revenue and significant international growth, while navigating challenges in credit provisions and secured lending.
NU Holdings' shares dip after Q1 earnings miss estimates. Customer growth, AI expansion and a record $5B revenue quarter highlight the momentum.
Digital banking platform Nubank (NYSE:NU) will be reporting results this Thursday after market hours. Here’s what investors should know.
Guilherme Souto: Thank you, operator, and thank you, everyone, for joining our earnings call today. With me on today's call are: David Velez, our Founder, Chief Executive Officer and Chairman; and Guilherme Lago, our Chief Financial Officer. All financial metrics discussed and presented today reflect our managerial P&L framework, which we introduced in our fourth quarter 2025 results.
NU (NYSE:NU) executives said the digital banking company delivered another quarter of customer growth, revenue expansion and operating leverage, while emphasizing that higher credit provisions in the first quarter reflected seasonality, portfolio growth and product mix rather than deterioration in u
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