$NU Holdings(NU.US)Profit Growth & Long Term Potential
🌎 NU continues to stand out as one of the more interesting digital banking growth stories, with the business increasingly shifting from customer acquisition toward scalable profitability.
📈 Q2 revenue reached $5.88B, up 39% YoY, while net income rose 49% to $1.06B. Customers reached 138.9M, the credit portfolio grew 37% to $39.4B, and ROE reached 33%. The $1B share buyback adds another potential catalyst.
🔎 Customer growth, NII and credit growth, sustainable margins, Mexico expansion, U.S. banking opportunities and credit quality.The main risk remains credit quality as lending expands and 90+ day NPLs rise.
🎯 NU is increasingly looking like a profitable digital bank rather than simply a high growth fintech. Long term bias remains Bullish with $15 the key level to watch.
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