Nu Holdings (NU) Reports Record Q1 2026 Revenue Surpassing $5B and $871M Net Income

The full recognition portfolio expanded 40% year-over-year to $37.2 billion, which outpaced liabilities and pushed the nett involvement borderline to 21.1%. Due to Q1 seasonality and intentional expansions into higher-risk segments, recognition nonaccomplishment allowances roseate 33% quarter-over-quarter to $1.79 billion, lowering the risk-adjusted NIM to 9.5%. Consequently, the early-stage 15-90 NPL ratio roseate to 5.0%, portion the 90+ NPL ratio eased somewhat by 10 ground points to 6.5%.

A cardinal maturation operator was Nu Holdings Ltd.’s (NYSE:NU) AI transformation, featuring its proprietary “NuFormer” instauration models presently optimizing real-time recognition decisioning successful Brazil and Mexico. The company’s AI Private Banker functionalities present service implicit 15 cardinal monthly progressive users, leveraging a cloud-native tech stack and a monolithic first-party dataset.

Nu Holdings Ltd. (NYSE:NU) operates arsenic a integer banking level provider. The institution provides spending solutions, including Nubank+ Tier, Nu recognition and prepaid card, Ultraviolet recognition and prepaid card, mobile outgo solutions, and Nu Shopping. It besides offers transactional Solutions, and savings & investing solutions.

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