Nu Holdings Ltd. (NU) stock is surging 13.49% in pre-market trading on Friday, following the release of its impressive second-quarter financial results for 2025. The Latin American digital banking platform demonstrated robust growth across key metrics, significantly outperforming market expectations.
Nu Holdings reported a net profit of $637 million for the second quarter, marking a substantial 42% increase year-over-year on a foreign exchange-neutral basis. The company's revenue also saw a strong uptick, reaching $3.7 billion, up 40% compared to the same period last year. These results exceeded analyst estimates, with earnings per share of $0.13 surpassing the expected $0.12.
The fintech giant continued to expand its customer base, adding 4.1 million new customers in Q2 to reach a total of nearly 123 million across Brazil, Mexico, and Colombia. This growth, coupled with high customer engagement, drove the company's Monthly Average Revenue per Active Customer (ARPAC) to cross the $12 mark for the first time, reaching $12.2. Nu Holdings also maintained a solid financial position with an annualized return on equity of 28%. The strong performance across multiple fronts has clearly boosted investor confidence, leading to the significant pre-market rally.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.