Key Points Nu Bank is seeing nice earnings growth and should reach $5 billion in net income next year. It is doing well in Brazil while growing rapidly in Mexico and Colombia. The stock looks cheap if you look over multiple years. 10 stocks we like better than Nu Holdings › Banking may seem boring. Not so when you are Nu Holdings (NYSE: NU) . The Brazilian bank has taken its country by storm, with over 100 million customers, is growing rapidly in Mexico, and has just announced a launch in the United States. Despite all this growth, Nu Bank is seeing a rapid profit inflection due to its highly profitable digital banking model. I predict its net income will increase to $5 billion in 2027, making the stock a great buy for the years ahead. Here's why.
Головну думку ми показуємо публічно. Створіть безкоштовний акаунт, щоб читати повну статтю, зберігати її, обговорювати та поєднувати з ринковим і OSINT-контекстом.