StocksMedium•25 October 2026•
1 min read
Nu Holdings Hits $1B Quarterly Profit, Announces Strategic U.S. Expansion
Key Facts
1Nu Holdings achieved quarterly net income exceeding $1 billion for the first time, a 49% year-over-year increase.
2The Latin American financial services giant is planning to launch its operations in the United States.
Nu Holdings achieved quarterly net income exceeding $1 billion for the first time, representing a 49% increase compared to the previous year. The Latin American financial services giant is planning to launch its operations in the United States, following strong operational efficiency where monthly revenue per customer reached 17 times the cost to serve them.
NU closed at $15.16 on October 23, 2026, having reached a session high of $15.25. This record financial performance and the announced expansion into the world's largest financial market serve as significant growth catalysts for the fintech firm.