NU (NYSE:NU) Releases Earnings Results, Misses Estimates By $0.02 EPS

14 May 2026, 22:20 by Renee Jackson · The Cerbat Gem

NU (NYSE:NU – Get Free Report) issued its earnings results on Thursday. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02), FiscalAI reports. NU had a return on equity of 30.68% and a net margin of 18.19%.The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.06 billion.

Here are the key takeaways from NU’s conference call:

Nu Holdings reported record first-quarter revenue of $5 billion and record net income of $871 million, with customer growth and ARPAC expansion continuing to drive earnings power.
The company said its customer base surpassed 135 million, including 115 million in Brazil and 15 million in Mexico, while monthly activity remained strong at 83%.
Credit metrics were described as being driven by seasonality, portfolio growth, and product mix rather than asset-quality deterioration, with management emphasizing that provisioning remained conservative and aligned with internal expectations.
Efficiency improved to a record low 17.6% reported ratio, aided by both structural gains and timing benefits, though management still expects full-year 2026 efficiency to be around 20%.
Management highlighted major long-term growth opportunities in Mexico, SME banking in Brazil, and the U.S., while continuing to push its AI transformation across products, underwriting, and operations.

NU Stock Performance

NYSE:NU traded up $0.10 during trading on Thursday, reaching $12.92. The company’s stock had a trading volume of 80,546,757 shares, compared to its average volume of 36,335,992. The firm has a market cap of $62.71 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 0.52 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a 50 day moving average of $14.37 and a 200-day moving average of $15.91. NU has a 12 month low of $11.71 and a 12 month high of $18.98.

Analyst Upgrades and Downgrades

NU has been the topic of a number of research reports. Zacks Research lowered NU from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Bank of America reiterated a “neutral” rating on shares of NU in a report on Monday, March 9th. UBS Group upgraded NU from a “neutral” rating to a “buy” rating and upped their price target for the stock from $17.20 to $17.60 in a report on Thursday, March 19th. Susquehanna upped their price target on NU from $19.00 to $22.00 and gave the stock a “positive” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings downgraded NU from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NU has a consensus rating of “Moderate Buy” and a consensus target price of $18.46.

Get Our Latest Stock Report on NU

Insider Transactions at NU

In other NU news, CEO Cristina Helena Zing Junqueira sold 300,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $14.81, for a total value of $4,443,000.00. Following the completion of the transaction, the chief executive officer owned 2,312,338 shares in the company, valued at $34,245,725.78. This represents a 11.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Morgan Stanley lifted its position in shares of NU by 2.9% during the 4th quarter. Morgan Stanley now owns 121,350,701 shares of the company’s stock valued at $2,031,411,000 after buying an additional 3,419,077 shares during the last quarter. State Street Corp lifted its position in shares of NU by 0.3% during the 3rd quarter. State Street Corp now owns 91,478,395 shares of the company’s stock valued at $1,464,569,000 after buying an additional 239,660 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of NU by 11.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 42,602,086 shares of the company’s stock valued at $713,160,000 after buying an additional 4,215,824 shares during the last quarter. Marshall Wace LLP lifted its position in shares of NU by 8.0% during the 4th quarter. Marshall Wace LLP now owns 31,476,485 shares of the company’s stock valued at $526,916,000 after buying an additional 2,334,980 shares during the last quarter. Finally, Atmos Capital Gestao DE Recursos LTDA. lifted its position in shares of NU by 109.1% during the 4th quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 29,813,810 shares of the company’s stock valued at $499,083,000 after buying an additional 15,552,726 shares during the last quarter. Institutional investors own 84.02% of the company’s stock.

About NU

(Get Free Report)

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.