The stock market made a significant comeback in 2023, gaining 24%. But with the positive market sentiment, many stocks gained much more than that. Nu Holdings (NU 4.00%), which is part of the Berkshire Hathaway equity portfolio, gained 105% last year. Can it do a repeat in 2024?Why Nu outperformed last yearNu has many features that appeal to both clients and investors. It's an all-digital bank that provides a suite of low-fee financial services to its customers in Brazil, Mexico, and Colombia. The concept i ...

Bank stocks aren't usually on lists of coveted growth stocks, but legendary investor Warren Buffett has been a big fan of them. He's usually known for picking boring bank stocks because they're flush with cash and are eminently relevant to a growing economy. Plus, they usually pay dividends and are focused on creating shareholder value.But Buffett's holding company, Berkshire Hathaway, also owns some more interesting bank stocks. It was an investor in hot fintech company Nu Holdings (NU -0.49%) even before ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November, 2023 Commission File Number 001-41129 Nu Holdings Ltd. (Exact name of registrant as specified in its charter) Nu Holdings Ltd. (Translation of Registrant's name into English) Campbells Corporate Services Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cayman Islands +1 345 949 2648 (Addre ...

Regarding Cuenta Nu, we officially launched it in May and within a month crossed 1 million customer milestone in this product in Mexico. By the end of June, we reached 1.3 million accounts and collected more than 1.5 billion Mexican pesos in deposits. Just for the sake of comparison, the average deposit per customer in Mexico is more than 10x the average of Brazilian customersÂ' deposits when our or checking account was launched in the country in 2017. Accelerating customer growth. Cuenta Nu has the potenti ...

David Velez - Founder and Chairman and Chief Executive Officer Conference Call Participants Pedro Leduc - Itau Rafael Frade - Citi Domingos Falavina - JPMorgan Good afternoon, ladies and gentlemen. Welcome to Nu Holdings Conference Call to discuss the results for the First Quarter of 2023. A slide presentation is accompanying today's webcast, which is available in NuÂ's Investors Relations website www.investors.nu in English and www.investidores.nu in Portuguese. This conference is being recorded and the re ...

Credit Yield (%) Note 1: Amounts are presented in BRL. Note 2: Credit Yield is the average rate of the loans originated in the last month of each quarter. Source: Nu. First Quarter 2023 Results 17 Solid Funding Cost and Deposits Volumes Follow Seasonal Pattern Deposits (US$Bn) 12.6 13.3 14.0 15.8 15.8 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Cost of Funding as a % of CDI YoY: 34% FXN 98% 98% 95% 78% 81% Note 1: Amounts are presented in US dollars. Note 2: Rates presented are the average cost of funding as percentage o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2023 Commission File Number: 001-41129 Nu Holdings Ltd. (Exact name of registrant as specified in its charter) Campbells Corporate Services Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cayman Islands +1 345 949 2648 (Address of principal executive office) TABLE OF CONTENT ...

Nu Holdings Ltd. (NYSE:NU) Q4 2022 Results Conference Call February 14, 2023 5:00 PM ET Company Participants Jorg Friedemann - Investor Relations David Velez - Founder, Chief Executive Officer and Chairman Youssef Lahrech - President and Chief Operating Officer Guilherme Lago - Chief Financial Officer Jag Duggal - Chief Product Officer Conference Call Participants Jorge Kuri - Morgan Stanley Tito Labarta - Goldman Sachs Mario Pierry - BofA Gustavo Schroden - Bradesco Pedro Leduc - Itau Thiago Batista - UBS ...

Nu Holdings Ltd. (NYSE:NU) Q3 2022 Results Conference Call November 14, 2022 5:00 PM ET Company Participants Jorg Friedemann - IR Officer David V??lez - Founder, CEO and Chairman Youssef Lahrech - President and COO Guilherme Lago - CFO Jag Duggal - Chief Product Officer Conference Call Participants Jorge Kuri - Morgan Stanley Mario Pierry - Bank of America Tito Labarta - Goldman Sachs Thiago Batista - UBS Geoffrey Elliott - Autonomous Marcelo Telles - Credit Suisse Pedro Leduc - Ita?? Rafael Frade - Citiban ...