Reported 2 days ago
Nu Holdings Ltd. (NYSE:NU) has shown potential for significant growth, especially in untapped markets like Colombia and Mexico. With a low cost-to-serve structure compared to traditional banks and a growing customer base in Brazil, NU could experience a net interest margin above 10%. Despite recent challenges and a decline in share price, the company's cautious loan strategy and ongoing development of a core banking platform position it well for future profitability, though some analysts suggest other investment opportunities may offer higher short-term returns.
Source: YAHOO