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JB
Jason Bellier
@neostonks · May 16

I really can't complain this year, the numbers are finally coming in on the stock's performance and $NU is adding another +6.7% in the premarket after releasing quarterly results.

Nubank added 5.31 million customers in the first quarter ending March 4, bringing the global total to 79.1 million, a 33% increase over last year.

The bank's gross profit rose 124% to $650.9 million. On an adjusted basis, the bank posted a net profit of US$182.4 million, compared with US$10.1 million a year earlier.

Sorry to write about NU so often now, but I'm finally happy about it 😅

A community member's personal view, not investment advice. Community Guidelines

HL

ok

MD

Interesting company. I'm reading about it now. Granted, a bank and those are a bit scary right now, but it provides a lot for clients and South America might be just fine. I guess it's politically unstable there, or at least that's what I've heard in the past? ...On the other hand, the development is there. I like the mining industry from that area for example, although on the other hand I don't like the encroachment on the rainforests, but that's another discussion. :D

CM

Congratulations👍May the stock continue to do well.

JB

I'm hoping it will bring more roses. The market is really huge and people want better conditions to have a bank account in the first place, which is why NU is there to meet their demands.

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