Nu Holdings (NU) Interest Expenses (2021 - 2024)
Nu Holdings (NU) posted quarterly Interest Expenses of -$20.1 million for Q2 2024, down 16.07% year-over-year from -$24.0 million in Q3 2023, and up 44.56% quarter-over-quarter from -$36.3 million in Q1 2024.
Nu Holdings (NU) Interest Expenses (2021 - 2024) Analysis & Trends
Nu Holdings' Interest Expenses history runs 4 years deep, the most recent figure standing at -$20.1 million for Q2 2024.
- In Q2 2024, Interest Expenses fell 16.07% year-over-year to -$20.1 million; the TTM figure through Mar 2025 stood at -$20.1 million (down 101.0% YoY), while the FY2025 annual figure was $4.6 billion, up 61.51% from the prior year.
- Interest Expenses for Q2 2024 stood at -$20.1 million, up from -$36.3 million in the prior quarter.
- The five-year high for Interest Expenses was $2.1 billion in Q4 2023, with the low at -$36.3 million in Q1 2024.
- The 4-year median for Interest Expenses is -$18.1 million (2023), against an average of $490.5 million.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses soared 317.86% in 2022, then sank 92.54% in 2024.
- Nu Holdings' Interest Expenses stood at $375.3 million in 2021, then jumped by 317.86% to $1.6 billion in 2022, then surged by 34.03% to $2.1 billion in 2023, then tumbled by 100.96% to -$20.1 million in 2024.
- Business Quant data shows NU's Interest Expenses at -$20.1 million in Q2 2024, -$36.3 million in Q1 2024, and $2.1 billion in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.79 Bn | 84.59 Bn | - | - |
| 2 | Pnc Financial Services | 97.76 Bn | 97.76 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 95.81 Bn | 95.81 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.66 Bn | -144.43 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.84 Bn | -81.47 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.83 Bn | 57.14 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.50 Bn | 61.50 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.52 Bn | 25.80 Bn | - | 1.16 Bn |
| 10 | Itau Unibanco Holding | 41.49 Bn | 43.18 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -20.10 Mn |
| Jun 30, 2024 | -20.10 Mn |
| Mar 31, 2024 | -36.26 Mn |
| Mar 31, 2024 | -36.26 Mn |
| Dec 31, 2023 | 2.10 Bn |
| Dec 31, 2023 | 2.10 Bn |
| Sep 30, 2023 | -28.81 Mn |
| Sep 30, 2023 | -28.81 Mn |
| Jun 30, 2023 | -17.32 Mn |
| Jun 30, 2023 | -17.32 Mn |
| Mar 31, 2023 | -18.83 Mn |
| Mar 31, 2023 | -18.83 Mn |
| Dec 31, 2022 | 1.57 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Dec 31, 2021 | 375.29 Mn |
| Dec 31, 2021 | 375.29 Mn |