Why Is MercadoLibre Stock Surging Monday?
MELI jumps 6% premarket following Brazil election news. Read our stock analysis on MercadoLibre’s key support and resistance levels.
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Nu’s Nubank unit will acquire Banco Porto Real, adding a banking license while maintaining existing products, services and customer experience.
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MELI jumps 6% premarket following Brazil election news. Read our stock analysis on MercadoLibre’s key support and resistance levels.
Brazil stocks: the iShares MSCI Brazil ETF jumps 13% after Flávio Bolsonaro beats Lula in the first round, setting up an Oct. 25 runoff.
Nu Holdings, a Latin American digital banking powerhouse with 139 million customers, is predicted to deliver a 194% return by 2030 if $1,000 is invested today. The bull case rests on projected 35% annual EPS growth through 2028 and potential P/E ratio expansion from 18.6 to 23.6. However, risks include slowing growth in mature Brazil markets, intense U.S. competition, and macro-economic sensitivity typical of banking operations.
Nu Holdings, a digital bank serving 139 million customers across Brazil, Mexico, and Colombia, achieved its first quarterly profit above $1 billion in Q2 2026. Rather than focusing on customer count, investors should monitor three key metrics: Average Revenue Per Active Customer (ARPAC) which reached $17 (up from $13 year-over-year), Return on Equity at 33% annualized, and the 90+ day non-performing loan ratio at 6.9%. These metrics indicate whether the company can increase customer value, generate efficient returns on capital, and maintain manageable credit risk as its lending portfolio grows.
Nu Holdings achieved over $1 billion in quarterly net income in Q2 2026, with revenue climbing 39% to $5.9 billion. The key milestone reflects the company's shift from customer acquisition to monetization, with monthly average revenue per active customer (ARPAC) rising to $17 from $8 in 2022. While impressive, investors should focus on earnings durability and credit quality, as non-performing loans reached 6.9% in Q2, up from 5.8% year-over-year.