Nu Holdings Stock Rebounded. One Credit Signal Could Decide What Comes Next
Nu Holdings closed Friday at $13.13, up 3.1% for the week, as investors returned after a tough May. Q1 revenue hit $5.315 billion with net income at $871.4 million. Customer base topped 135 million. Credit risk rose: NPL ratio climbed to 5.0%, credit-loss allowances jumped 33%, and risk-adjusted NIM fell to 9.5%. Brazil’s inflation reached 4.64%, clouding rate-cut hopes. No new earnings released.