Overview
- The company reported Q4 revenue of about $4.9 billion (+45% year over year) and net income of roughly $894.8 million, closing 2025 with $16.3 billion in revenue and a 33% ROE.
- Customers reached approximately 131 million with 17 million net additions in 2025, while the loan portfolio expanded 40% year over year to $32.7 billion and ARPAC rose to $15.
- Shares fell 9.55% on Feb. 26 to $15.06 on heavy volume as investors reassessed margins, with analysts pointing to operating costs, cost of risk, and limited forward margin visibility.
- Management flagged Q4 one‑time items—including about $22 million tied to a 2026 return‑to‑office transition and a $25 million Mexico deposit‑insurance contribution—and introduced consolidated credit‑quality reporting.
- Nu is preparing a U.S. banking operation after January’s conditional OCC charter approval, outlining 2026 as an investment year while expanding its nuFormer AI underwriting to more products and into Mexico.