Nu Holdings stock went up on Friday after the company said its profit jumped 31% and sales grew 37%.

Nov 13, 2026, 7:25 AM ETResultsRead the original at Benzinga

Good for NU

Nu Holdings' sales beat estimates, profit rose, customers grew, and costs took a smaller share of sales. Profit per share matched forecasts, and loans overdue 90 days rose to 7.3% from 6.9%, but broad growth and a lower cost forecast matter more.

NU · Nu Holdings Ltd.

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The AI's read

More customers, larger loan balances and higher deposits show growth across Brazil, Mexico and Colombia. Costs took a smaller share of sales, and the company lowered its 2026 cost forecast. Loans overdue more than 90 days rose, and reserves for loan losses grew. Nu said part of the rise came from a larger share of interest-earning balances. Broad growth and the lower cost forecast outweigh these concerns.

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