New York, Jan 6, 2026, 10:52 ET — Regular session
- Nu Holdings shares rose about 1.8% in morning trade after a strong prior session.
- The move comes as investors track valuation signals for Latin American fintechs after PicPay’s U.S. IPO filing.
- Traders are looking ahead to Nu’s Feb. 25 fourth-quarter results and conference call.
Nu Holdings Ltd shares extended their rally on Tuesday, up about 1.8% at $18.27 in morning trading, after closing the prior session at $17.94. The stock traded between $17.74 and $18.37, with about 15 million shares changing hands by mid-morning.
The gains matter because Nu, which operates Nubank, is one of the most widely held U.S.-listed plays on Latin American consumer credit and digital banking. Investor appetite for the sector has also been in focus after Brazilian digital bank PicPay filed for a U.S. initial public offering on Monday, adding a fresh data point on how fintech issuers see capital markets in early 2026.
For Nu, the next clear catalyst is its quarterly update: the company’s investor relations calendar shows a fourth-quarter earnings release and conference call scheduled for Feb. 25.
Nu last reported results in November, when it posted a third-quarter profit beat and record profitability. Chief Financial Officer Guilherme Lago told Reuters the increase was mainly supported by “continuous scale gain” in Brazil, while the company grew its credit portfolio in Mexico and cut what it pays for deposits there. Reuters
Heading into the Feb. 25 report, investors will be watching for signs that loan growth is holding up without a jump in delinquencies, and whether margins stay firm. Net interest margin, a key banking metric, measures how much a lender earns on loans and investments after paying for funding, relative to its interest-earning assets.
But the run-up also leaves less room for disappointment. Any sign of faster credit losses, weaker pricing on loans, or pressure from currency swings in Nu’s main markets could test the stock’s recent momentum.
