Nu .-Nu Holdings （NU.US）：2Q24 First Take，Beat on better cost of risk and revenues

13 August 2024 | 6:21PM EDT Nu Holdings (NU): 2024 First Take: Beat on better cost of risk and revenues Loan growth remains healthy on FX neutral basis Reported net income of $487mn (+29% gog, +117% yoy) was 15% above GSe and 13% above company-compiled consensus of$ 432mn with an all-time high ROE of 28.4% (+550bps gog). Recurring net income also improved 27% gog to $562mn, also beating GSe by 16%. While loans fell in US$ , this mostly due to weaker FX, while the FX neutral growth remained healthy at 8% qoq. ...