Nu Holdings (NU) Change in Loans (2021 - 2024)
Nu Holdings (NU) posted quarterly Change in Loans of -$1.3 billion for Q2 2024, down 146.07% year-on-year from $2.9 billion in Q3 2023, and up 14.62% on a QoQ basis from -$1.6 billion in Q1 2024.
Nu Holdings (NU) Change in Loans (2021 - 2024) Analysis & Trends
Nu Holdings (NU) has reported Change in Loans for 4 consecutive years, with -$1.3 billion the latest figure, recorded in Q2 2024.
- Quarterly Change in Loans fell 146.07% year-over-year to -$1.3 billion in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$5.2 billion (down 134.34% YoY) and the FY2025 annual result came in at -$10.3 billion, down 46.74% from the prior year.
- Change in Loans rose to -$1.3 billion in Q2 2024 per NU's latest filing, from -$1.6 billion in the prior quarter.
- Over the last five years, Change in Loans for NU reached as high as -$340.5 million in Q4 2022 and fell as low as -$1.6 billion in Q1 2024.
- A 4-year average of -$933.0 million and a median of -$913.3 million in 2023 frame the typical range for Change in Loans.
- Annual changes were most pronounced in 2022 — Change in Loans soared 47.33% — and 2023, when it sank 230.05%.
- Year by year, Change in Loans stood at -$646.6 million in 2021, then surged by 47.33% to -$340.5 million in 2022, then plunged by 230.05% to -$1.1 billion in 2023, then fell by 18.81% to -$1.3 billion in 2024.
- According to Business Quant data, Change in Loans over the past three periods registered -$1.3 billion, -$1.6 billion, and -$1.1 billion for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | -571.00 Mn |
| 10 | Nu Holdings | 68.58 Bn | 53.46 Bn | 1.94 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -1.34 Bn |
| Mar 31, 2024 | -1.56 Bn |
| Dec 31, 2023 | -1.12 Bn |
| Sep 30, 2023 | -1.21 Bn |
| Jun 30, 2023 | -542.66 Mn |
| Mar 31, 2023 | -702.67 Mn |
| Dec 31, 2022 | -340.53 Mn |
| Dec 31, 2021 | -646.59 Mn |