Nu Holdings Q3 Preview: Margin Expansion Could Drive The Next Re-Rating

Core Insights - Nu Holdings is entering a mature phase of its business model, characterized by accelerating growth alongside recovering margins, record efficiency, and improved credit risk management as evidenced by its 2Q25 results [1] Financial Performance - The bank reported significant improvements in its financial metrics, indicating a positive trend in operational efficiency and profitability [1] Market Position - Nu Holdings is positioned to capitalize on its growth trajectory while maintaining a focus on risk management and operational excellence, which may enhance its competitive edge in the Brazilian banking sector [1]