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Digital-first bank (Nubank) serving Brazil, Mexico and Colombia with no-fee cards, accounts, loans and investments via app.
Digital-first bank (Nubank) serving Brazil, Mexico and Colombia with no-fee cards, accounts, loans and investments via app.
Earns from the fees merchants pay when customers use its cards, and from interest on credit-card balances and personal loans, funded largely by deposits from its own customers. Most customers are in Brazil, with Mexico and Colombia newer. Founded in 2013 in Sao Paulo, it grew without branches.
In one line: Latin America's Chime/Chase-lite: an app-only bank with no branches..
Moat: narrow (cost advantage, scale, brand). Branchless, low-cost-to-serve digital infrastructure and strong local brand loyalty across a huge underbanked market.
Headquarters: São Paulo, Brazil · Founded: 2013 · Employees: 8,049
Size Nu Holdings Ltd. Class A (NU) is a United States Financials company (Regional Banks) with a market value of $58.1B, the 222nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.03 on 6 Nov 2026.
Performance Over six months the shares fell 12.8%, against +8.0% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 53.5% over the last twelve months (peer median +1.3%); the operating margin is 35.4% (peer median 33.7%).
Valuation It trades at 4.39× book value against a peer median of 1.27× (most expensive of 21).
Price implies The share price implies a return on equity of about 32.4%; Nu Holdings Ltd. Class A delivers 31.6%, so the price asks more than the business earns today.
Short interest Short interest is 3.7% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $17.9B | $14.5B | $10.3B | $7.01B | $3.73B |
| Revenue growth | — | +40% | +47% | +88% | — |
| Net income | $3.61B | $2.87B | $1.97B | $1.03B | -$365M |
| Free cash flow | $9.16B | $8.50B | $5.25B | $1.00B | -$670M |
| Capital expenditure | $288M | $341M | $175M | $177M | $114M |
| Total debt | $42.0B | $37.8B | $24.1B | $22.7B | $15.1B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Nu Holdings Ltd. Class A NU | $58.1B | -13% | +54% | 32% | 4.39× | 32.4% |
| Inter & INTR | $1.70B | -40% | +51% | 16% | 0.84× | 8.8% |
| Itau Unibanco Holding S.A. Sponsored ADR Pfd ITUB | $84.9B | -12% | +8% | 22% | 1.84× | 11.8% |
| Banco Bradesco SA Sponsored ADR Pfd BBD | $27.5B | -32% | +29% | 14% | 0.71× | 6.2% |
| MercadoLibre MELI | $76.6B | -8% | +46% | 28% | 9.77× | 90.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NU | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.8% | +2.5% | lowest of 21 |
| 6-month return | -12.8% | +8.0% | lowest of 21 |
| Return on equity | 31.6% | 10.5% | highest of 21 |
| Price / book | 4.39× | 1.27× | most expensive of 21 |
| Trailing P/E | 16.4× | 11.7× | 6th most expensive of 20 |
| ROE the price implies | 32.4% | 9.1% | 2nd most demanding of 21 |
| ROE delivered | 31.6% | 10.6% | highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Nu Holdings Ltd. Class A NU | United States | $58.1B | -13% | +54% | 32% | 4.39× | 32.4% | 31.6% |
| Truist Financial TFC | United States | $59.2B | +1% | -5% | 8% | 1.06× | 9.6% | 8.2% |
| Industrial Bank 601166.SS | China | $62.6B | +10% | -4% | 9% | 0.49× | 2.2% | 9.2% |
| Credit Agricole ACA.PA | France | $53.7B | -8% | -1% | 9% | 0.68× | 8.1% | 8.9% |
| Japan Post Bank 7182.T | Japan | $65.5B | +7% | +39% | 7% | 1.11× | 8.3% | 6.6% |
| Shanghai Pudong Development Bank 600000.SS | China | $50.1B | +8% | -3% | 6% | 0.40× | 2.0% | 6.1% |
| Postal Savings Bank of China 601658.SS | China | $69.7B | +9% | -2% | 9% | 0.62× | 2.7% | 8.7% |
| Fifth Third Bancorp FITB | United States | $47.9B | +8% | +15% | 9% | 1.55× | 13.6% | 9.4% |
| Commerzbank CBK.DE | Germany | $46.3B | +4% | -3% | 10% | 1.36× | 10.3% | 10.3% |
| Ctbc Financial 2891.TW | Taiwan | $43.7B | +37% | +9% | 15% | 2.06× | 8.9% | 14.7% |
| Banca Monte dei Paschi di Siena BMPS.MI | Italy | $38.4B | +19% | +55% | 16% | 1.30× | 13.9% | 15.5% |
| KBFinancialGroup 105560.KS | South Korea | $37.5B | -5% | +32% | 10% | 0.99× | 5.6% | n/a |
| CaixaBank CABK.MC | Spain | $91.9B | +7% | -2% | 16% | 2.05× | 13.3% | 16.5% |
| Bank of Jiangsu 600919.SS | China | $35.1B | +13% | +5% | 13% | 0.83× | 2.9% | 12.8% |
| Bank of Ningbo 002142.SZ | China | $34.0B | +3% | +3% | 13% | 0.92× | 7.0% | 13.3% |
| State Bank of India SBIN.NS | India | $99.5B | -7% | +6% | 15% | 1.40× | 20.7% | 14.6% |
| Canadian Imperial Bank of Commerce CM.TO | Canada | $105B | +8% | 0% | 16% | 2.50× | 20.1% | 15.6% |
| M&T Bank MTB | United States | $31.4B | +3% | 0% | 11% | 1.24× | 9.3% | 10.6% |
| Resona 8308.T | Japan | $30.8B | +9% | +17% | 9% | 1.57× | 8.7% | 9.3% |
| ICICI Bank ICICIBANK.NS | India | $119B | +23% | +8% | 16% | 2.89× | 36.7% | 16.3% |
| First Citizens BancShares FCNCA | United States | $25.2B | +16% | 0% | 11% | 1.29× | 9.3% | 11.0% |