Nu Holdings Slumps 17% Despite Strong Q4 Revenue a…
From Financial Modeling Prep: 2025-02-21 12:51:00
Nu Holdings (NYSE:NU) exceeded Q4 revenue expectations at $2.99 billion, but NIM fell to 17.7%, causing a 17% stock drop. The company added 4.5 million new customers, totaling 114.2 million, with an 85% YoY net income increase to $552.6 million. Despite a lower activity rate, efficiency improved, and lending and deposits saw significant growth.
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