NU Holdings: Don't Get Left Behind, Buy This Neobank
NUNu .(NU) marketbeat.com·2024-05-28 20:32

Key Points Nu Holdings grows at the junction of financial inclusion and digital adoption (both growing) in Emerging Markets The company boasts strong customer engagement with an 83% monthly activity rate and has surpassed 100 million customers The digital bank maintains an efficient cost structure, with a cost to serve of 0.9peractivecustomermonthlyThecompanysQ12024resultsincludeagrossprofitincreaseof760.9 per active customer monthly The company's Q1 2024 results include a gross profit increase of 76% to 1.2 billion, with a 43% margin, and analysts are lifting price targets. 5 stocks w ...