Shares of Nu Holdings Ltd. (NU) surged 9.16% on Thursday following the release of its impressive second-quarter financial results for 2025. The Latin American digital banking platform demonstrated robust growth across key metrics, significantly outperforming market expectations.

Nu Holdings reported a net profit of $637 million for the second quarter, marking a substantial 42% increase year-over-year on a foreign exchange-neutral basis. The company's revenue also saw a strong uptick, reaching $3.7 billion, up 40% compared to the same period last year. These results exceeded analyst estimates, with earnings per share of $0.13 surpassing the expected $0.12.

The fintech giant continued to expand its customer base, adding 4.1 million new customers in Q2 to reach a total of nearly 123 million across Brazil, Mexico, and Colombia. This growth, coupled with high customer engagement, drove the company's Monthly Average Revenue per Active Customer (ARPAC) to cross the $12 mark for the first time, reaching $12.2. Nu Holdings also maintained a solid financial position with an annualized return on equity of 28%.

CEO David Vélez commented on the results, stating, "In the second quarter of 2025, we achieved another quarter of robust growth, expanding our customer base to nearly 123 million with over 4.1 million net additions, and maintaining an activity rate above 83%. This strong engagement drove revenues to $3.7 billion, representing an 85% annualized growth rate since 2021."

The market responded enthusiastically to Nu Holdings' strong performance, with the stock initially jumping 8.33% in after-hours trading following the announcement. The continued surge during regular trading hours reflects investor confidence in the company's growth strategy and its ability to monetize its expanding user base effectively in the competitive fintech sector.