โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข EPS: $0.21 (Est. $0.20) โ
โข Revenue: ~$5.9B (Est. $5.48B) โ
โข Net Income: $1.1B, +49% YoY.
โข Gross Profit: $2.4B, +43% YoY.
โข Net Interest Income: $3.7B, +9% QoQ.
โข ROE: 33%.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue grew 39% YoY to nearly $5.9B, while quarterly net income surpassed $1B for the first time in Nubankโs history.
โข Customers reached 139M globally, including nearly 118M in Brazil, 15.8M in Mexico and more than 5M in Colombia.
โข Risk-adjusted NIM expanded sharply to 12.4% from 9.5% QoQ, while NIM increased 180 bps to 22.9%.
โข Total credit portfolio grew 37% YoY to $39.4B, while deposits increased 18% to $45.3B.
โข NuFormer is now in production across three credit portfolios, while AI agents handle more than 60% of customer support conversations in Brazil at or above human parity.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
"This is no longer a hypothesis, and we are now generating more than a billion dollars in quarterly net income."