Reported Earnings • May 17
First quarter 2026 earnings released: EPS: US$0.18 (vs US$0.12 in 1Q 2025) First quarter 2026 results: EPS: US$0.18 (up from US$0.12 in 1Q 2025). Revenue: US$1.98b (up 44% from 1Q 2025). Net income: US$872.1m (up 56% from 1Q 2025). Profit margin: 44% (up from 40% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in Italy. Buy Or Sell Opportunity • May 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to €10.36. The fair value is estimated to be €13.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 268% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: US$0.59 (vs US$0.41 in FY 2024) Full year 2025 results: EPS: US$0.59 (up from US$0.41 in FY 2024). Revenue: US$6.99b (up 27% from FY 2024). Net income: US$2.87b (up 46% from FY 2024). Profit margin: 41% (up from 36% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Banks industry in Italy. New Risk • Feb 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: US$0.16 (vs US$0.12 in 3Q 2024) Third quarter 2025 results: EPS: US$0.16 (up from US$0.12 in 3Q 2024). Revenue: US$1.92b (up 36% from 3Q 2024). Net income: US$782.5m (up 41% from 3Q 2024). Profit margin: 41% (up from 39% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Banks industry in Italy. 공시 • Sep 25
Nu Holdings Ltd. to Report Q3, 2025 Results on Nov 13, 2025 Nu Holdings Ltd. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 13, 2025 Reported Earnings • Aug 18
Second quarter 2025 earnings released: EPS: US$0.13 (vs US$0.10 in 2Q 2024) Second quarter 2025 results: EPS: US$0.13 (up from US$0.10 in 2Q 2024). Revenue: US$1.63b (up 14% from 2Q 2024). Net income: US$636.8m (up 31% from 2Q 2024). Profit margin: 39% (up from 34% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Italy. 공시 • Aug 11
Nu Holdings Ltd., Annual General Meeting, Sep 08, 2025 Nu Holdings Ltd., Annual General Meeting, Sep 08, 2025. Location: rua capote valente, 39 pinheriros, sao paulo-sp, 05409-000, sao paulo Brazil New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: US$0.12 (vs US$0.079 in 1Q 2024) First quarter 2025 results: EPS: US$0.12 (up from US$0.079 in 1Q 2024). Revenue: US$1.38b (up 11% from 1Q 2024). Net income: US$557.2m (up 47% from 1Q 2024). Profit margin: 41% (up from 30% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Banks industry in Italy. 공시 • May 07
Nu Holdings Appoints Roberto Campos Neto as Vice Chairman and Global Head of Public Policy, Effective July 1, 2025 Nu Holdings announced the expected appointment of former Brazilian Central Bank president Roberto Campos Neto to its Management Team and to the Board of Directors, effective July 1, 2025, after completing a six-month cooling-off period as determined by Brazilian legislation. Reporting directly to David Vélez, founder and CEO of Nubank, Campos Neto will serve as Vice Chairman of Nubank and Global Head of Public Policy. His role will involve supporting Nu’s international expansion program, engaging with global financial regulators, representing Nu Holdings in international forums and boards, elevating economic and risk analysis for Nu’s operations in Brazil and Latin America, and contributing to the design of Nu’s long-term business strategy. Campos Neto has an extensive career in the financial sector, having served as the President of the Central Bank of Brazil from 2019 to the end of 2024. During his tenure, the organization received the award for “Central Bank of the Year” in 2024 by Central Banking Magazine. He is the only person to have received the “Best Central Banker of the Year” award from LatinFinance magazine for three consecutive years. In 2020, he was recognized by The Banker magazine as the Central Bank President of the Year for his leadership in addressing inflation during the pandemic. At the Central Bank, Campos Neto implemented a broad agenda focused on financial inclusion, financial education, increased competition, and sustainability. His efforts led to the inclusion of millions of Brazilians in the financial sector and increased access to credit. He oversaw the launch and development of the instant payment method Pix, advanced the Open Finance agenda, and promoted Drex, a digital real utilizing blockchain technology. The Brazilian Central Bank received numerous local and international awards for its work in curbing inflation, modernizing the financial system, combating climate change, and fostering international collaboration. Before his tenure at the Central Bank, Campos Neto held major leadership roles in the financial sector for over two decades, including positions at Santander, Claritas Investments, and Bozano Simonsen. He earned a Bachelor's and Master's degree in Economics from the University of California, Los Angeles (UCLA). 
