Nubank, the Brazilian digital lender, reported strong second-quarter fiscal year 2025 results that exceeded market expectations. The company posted revenue of $3.67 billion, matching estimates and representing a 30% year-over-year increase. Earnings per share were $0.13, up 29% compared to the same period last year. Nubank's customer base grew 17% year-over-year to 122.7 million, while deposits rose 41% year-over-year on a foreign exchange neutral basis to $36.6 billion. Net income increased by 31% year-over-year to $637 million. Additionally, earnings before interest and taxes (EBIT) reached $879 million, slightly above the estimated $874 million. The company also announced the appointment of Eric Young, formerly of Snap, Google, and Amazon, as its new Chief Technology Officer. Nubank's shares rose in after-hours trading following the earnings release. The firm operates in Brazil, Mexico, and Colombia, and its sustained growth underscores its expanding presence in the Latin American fintech market.
Nu Earnings Breakdown ( $NU ) RESULTS 🟡 SALES: $3.67B (est $3.67B) 🟢 EBIT: $879M (est $874M) 🟡 EPS: $0.13 (est $0.13) https://t.co/8F4CKvWRj8
$NU Nubank Q2 FY25: • Customers +17% Y/Y to 123M. • Deposits +41% Y/Y FXN to $36.6B. • Revenue +40% Y/Y FXN to $3.7B. • Revenue +29% Y/Y reported. • Net income +31% Y/Y to $637M. https://t.co/GCbzMCdG82
Beneficios del Nubank (@nubank) crecieron 37,9% en el primer semestre del año Las ganancias de la tecnofinanciera, con operaciones en Brasil, México y Colombia, sumaron 637 millones de dólares en el segundo trimestre. Detalles ⬇️ https://t.co/akactqw81g