Nu Holdings 2025 Q3 Earnings Record Net Income Surges 41.4%

Nu Holdings (NU), ranked 188th by market capitalization, reported its fiscal 2025 Q3 earnings on Nov 14, 2025. The company delivered robust results, exceeding expectations with a 41.8% year-over-year revenue increase to $4.17 billion and a 40.2% rise in EPS to $0.16. While Nu Holdings did not provide explicit forward guidance, it emphasized strategic investments in Brazil, Mexico, and U.S. expansion via a national bank charter application.

Revenue

Nu Holdings' total revenue surged to $4.17 billion in Q3 2025, driven by strong performance across key segments. Interest income and gains (losses) on financial instruments led the charge with $3.58 billion, while fee and commission income added $595.24 million. This diversified revenue stream underscored the company’s ability to capitalize on its expanding customer base and digital banking ecosystem.

Earnings/Net Income

The company’s net income hit a six-year high of $782.68 million, reflecting a 41.4% year-over-year increase, with EPS rising 40.2% to $0.16. This marks a significant milestone in Nu Holdings’ profitability journey, driven by operational leverage and cost efficiency. The earnings growth trajectory remains exceptionally strong.

Post-Earnings Price Action Review

Following the earnings report, Nu Holdings’ stock edged up 2.53% in the latest trading day, despite a slight weekly decline of 0.32%. Month-to-date, the stock climbed 4.22%, indicating mixed short-term investor sentiment. Analysts noted the positive surprise in revenue and earnings, which outperformed expectations, as a catalyst for near-term price stability. However, the absence of quantitative guidance introduced uncertainty, tempering aggressive bullish momentum.

CEO Commentary

CEO David Velez-Osomo highlighted Nu Holdings’ Q3 achievements, including 127 million customers and 4 million net additions, alongside a cost-to-income ratio of 28%. Strategic priorities include scaling Brazil’s SME segment, deepening Mexico’s financial inclusion, and advancing AI integration. The CEO expressed optimism about the U.S. national bank charter as a “transformational optionality,” reiterating confidence in AI-driven efficiency and long-term compounding growth.

Guidance

Nu Holdings did not specify forward-looking financial metrics, maintaining its qualitative focus on disciplined AI-driven monetization, asset quality, and operational efficiency. Leadership emphasized long-term growth in the U.S. and Latin America but declined to provide P&L or net income targets, citing historical precedent.

Additional News

1. U.S. National Bank Charter Application: Nu Holdings filed for a U.S. national bank charter, signaling a strategic pivot toward international expansion and regulatory sophistication.

2. Institutional Investment: United Asset Strategies Inc. invested $765,000 in Nu Holdings, with several other institutions adding to their stakes, reflecting growing institutional confidence.

3. Executive Share Sale: Officer Olivier Vitor Guarino filed to sell 709,565 shares via Form 144, raising questions about insider sentiment despite the stock’s recent gains.

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Nu Holdings’ Q3 performance underscores its leadership in digital banking, with revenue and earnings growth outpacing expectations. The company’s focus on AI integration, geographic expansion, and operational efficiency positions it for sustained long-term value creation. Investors will closely watch the U.S. charter application and institutional ownership trends as key drivers of future momentum.