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Nubank Shares Slide After First Quarter Earnings

Summary by Bloomberg
Shares of Nu Holdings Ltd., one of the world’s biggest digital banks, fell after reporting first quarter results.

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Nubank’s (UN) performance in the first quarter of 2025 has generated diverging readings among major investment banks. For JPMorgan (JPM), the digital bank continues to strengthen its operational model and improve key indicators, while Citi (C) remains skeptical. Although most analysts recommend buying the stock, the return they see would be narrowed down. See more: Nubank expects internationalization to be “a large part” of its history in the ne…

Nu's shares, which had rebounded 27% so far this year, fell more than 6% in post-market closing operations

·Bogotá, Colombia
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David Vélez, co-founder of Nubank/Photo: courtesy Nubank Nu Holdings (Nubank), one of the largest digital banking platforms in the world, today published its unaudited results for the quarter ended March 31, 2025, according to which it reported growths in revenues, profits and customers. According to the bank, net profit increased by 74% year-on-year in terms of FXN (neutralized by exchange rate effect), reaching US$557.2 million, compared to US…

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Bloomberg broke the news in United States on Tuesday, May 13, 2025.
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