Nu Holdings: Largest Non-Asian Digital Bank, Continues To Deliver
NUNu .(NU) Seeking Alpha·2024-08-16 11:45
PM Images Nu Holdings (NYSE:NU) earnings were released this week and all they did was reiterate the accelerated growth momentum that this neobank is encountering in its core metrics. On top of that, from the side of expectations, both earnings and revenue exceeded forecasts, with normalized EPS at $0.12 and revenue at $2.85 billion for the second quarter of the year. Nu is the largest non-Asian neobank in the world, and in this analysis, I will go through its Q2 earnings, and discuss other aspects that  ...