S&P 500 ^GSPC
5,088.8
+0.03%
Tesla TSLA
$191.97
-2.76%
Apple AAPL
$182.52
-1.00%
Meta META
$484.03
-0.43%
Nvidia NVDA
$788.17
+0.36%
Microsoft MSFT
$410.34
-0.32%
Amazon AMZN
$174.99
+0.23%
Alphabet GOOG
$145.29
-0.02%

I really can't complain this year, the numbers are finally coming in on the stock's performance and $NU+0.0% is adding another +6.7% in the premarket after releasing quarterly results.

Nubank added 5.31 million customers in the first quarter ending March 4, bringing the global total to 79.1 million, a 33% increase over last year.

The bank's gross profit rose 124% to $650.9 million. On an adjusted basis, the bank posted a net profit of US$182.4 million, compared with US$10.1 million a year earlier.

Sorry to write about NU so often now, but I'm finally happy about it 😅

NU
$10.22 -$0.14 -1.35%
Capital Structure
Market Cap
48.1B
Enterpr. Val.
30.1B
Valuation
P/E
146.6
P/S
7.7
Dividends
Yield
-
Payout
-

ok

Interesting company. I'm reading about it now. Granted, a bank and those are a bit scary right now, but it provides a lot for clients and South America might be just fine. I guess it's politically unstable there, or at least that's what I've heard in the past? ...On the other hand, the development is there. I like the mining industry from that area for example, although on the other hand I don't like the encroachment on the rainforests, but that's another discussion. :D

Congratulations👍May the stock continue to do well.

I'm hoping it will bring more roses. The market is really huge and people want better conditions to have a bank account in the first place, which is why NU is there to meet their demands.