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
DateValue
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