Nu Holdings Ltd Ordinary Shares Class A
NU: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.? | LOCK|v>>K | LOCK|!$%s<dk> |
Nubank Earnings: Improved Net Interest Margins and Tame Credit Costs Drive Earnings Growth
Nubank reported another strong quarter, with net revenue jumping 39% from the previous year to $5.9 billion, while net income rose an even more impressive 49% to $1.1 billion. These results translate to a return on equity of 33%.
