$NU (-11,11%) .... I listened to you once xd ;)

Max. 2-5% of the deposit

Shares fell very low today and yesterday.

These very good? Buy more now?

$SOFI (-4,68%)

$NU (-11,11%)

$HIMS (-26,15%)

$PLTR (-3,33%)

$ELF (+5,42%)

• $NU (-11,11%) Nu Holdings Ltd (NU) reported revenue of USD 2.99 billion for the quarter ended December 2024, an increase of 24.3% year-on-year.

• Earnings per share (EPS) of $0.12 for the same period compares to $0.08 in the prior year.

• The reported revenue is below the Zacks Consensus Estimate of $3.29 billion, which is a surprise of -9.26%.

• The company did not deliver an EPS surprise, with the consensus EPS estimate coming in at $0.12.

• Active customers: 94.9 million compared to the average estimate of 108.16 million based on three analysts.

• Revenue - fee and commission income: $495.60 million versus the three analyst average estimate of $504.17 million.

• Revenue - interest income and gains (losses) on financial instruments: USD 2.49 billion compared to the average estimate of USD 2.79 billion based on three analysts.

$NU (-11,11%) today reported net income of 87% over the same period last year and reported adjusted net income of $610 million for the quarter ended December, above the $567 million estimated by analysts in an LSEG survey, so that's more than expected!

Stocks are a marathon, not a sprint. I am not unsettled but curious. Why does the stock drop in such a case?

Why do good figures scare off investors? 🤔

$NU (-11,11%)

• Revenue: $2.99B (Est. $3.43B) ❌; UP +58% YoY (FXN)
• Net Income: $552.6M (Est. $596.7M) ❌; UP +85% YoY
• Gross Profit: $1.36B (Est. $1.60B) ❌; UP +44% YoY
• Gross profit margin: 45.6% (Est. 46.7%) ❌

Operating Metrics:

• Total Customers: 114.2M; UP +22% YoY
• Customer Additions (Q4): 4.5M
• Monthly ARPAC: $10.7; UP +23% YoY (FXN)
• Monthly Activity Rate: 83.1%
• Cost to Serve Per Active Customer: $0.80

Asset Quality:

• 15-90 Day NPL Ratio: 4.1% (DOWN 30 bps QoQ)
• 90+ Day NPL Ratio: 7.0% (DOWN 20 bps QoQ)

Liquidity & Lending Highlights:

• Interest-Earning Portfolio: $11.2B; UP +75% YoY (FXN)
• Lending Portfolio: $6.1B; UP +22% QoQ (FXN)
• Credit Card Portfolio: $14.6B; UP +28% YoY (FXN)
• Total Deposits: $28.9B; UP +55% YoY (FXN)

Net Interest Income (NII):

• NII: $1.7B; UP +57% YoY
• Net Interest Margin (NIM): 17.7% (DOWN 70 bps QoQ)
• Risk-Adjusted NIM: 9.5% (DOWN 60 bps QoQ)

International Expansion:

• Mexico: Reached 10M customers (+91% YoY), deposits UP +438% YoY to $4.5B
• Colombia: 2.5M customers, driven by Cuenta Nu product

Brazil Operations:

• Secured Lending Portfolio: $1.4B; UP +615% YoY
• High-Income Segment: 700K customers (+132% YoY)
• Ultravioleta Purchase Volume: $1.8B; UP +106% YoY

New Product Launches:

• NuTravel: Travel booking with multi-currency accounts
• NuCel: MVNO mobile service launched with Claro

Comment from CEO David Vélez:

• "2024 was a year of transformation for Nu. We nearly doubled our net profit, grew our customer base to over 114 million and significantly deepened our engagement. Our focus on sustainable growth and product diversification continues to strengthen our leadership position in digital banking in Latin America."

Many other reactions were probably expected from the market. $NU (-11,11%)