Nu Holdings jumps 12% on record profit and wins back half
Nu Holdings (NU) rose 12% to $13.21 on Nov. 13, 2026, after reporting record Q3 net income of $1.1B, up 31% YoY. EPS missed estimates by $0.01. Loans overdue >90 days increased to 7.3%. The stock is still down 10.3% from a month ago. Analysts expect 2027 earnings to be $1.09/share, valuing NU at ~12.1x.
How this was made
The 30-second read
Why it matters
Record earnings and strong customer growth drove a 12% share rally, offset by a minor EPS miss and rising delinquency rates.
Market read
The earnings beat and sizable price move make NU a near-term trading candidate, while sector peers see modest gains.
What to watch
Potential slowdown in efficiency ratio next quarter and exposure to Brazil's credit environment.
Background
Nu Holdings (NU) is a Brazil-based digital bank listed on the NYSE, recently expanding in Mexico and Colombia.
Ticker impact
Nu Holdings reported record Q3 net income of $1.1 bn, a 31% YoY increase, driving a 12% share jump.
likely continued upward pressure as investors digest the earnings beat and growth outlook
The earnings beat and 12% price surge indicate strong market reaction; margins remain solid despite higher delinquency.
Market effects
Highlights strength in Brazil's digital banking sector, may boost peers like Itau and Bradesco.
Positive for Latin American fintech exposure, could attract capital inflows to the region.
Shows demand for emerging-market fintechs, may influence global fintech investment sentiment.
Counterpoint
The rise in 90+ day delinquency and higher cost of deposits could pressure margins, suggesting caution.
Key entities
- ExecutiveRob Livingston
Chief Financial Officer of Nu Holdings, provided commentary on earnings.
