Brazil's Nubank posts 37% increase in first-quarter adjusted net profit

Reuters

2025/05/14

SAO PAULO, May 13 (Reuters) - Nu Holdings NU.N, the listed entity which runs Brazilian digital lender Nubank, posted on Tuesday a $606.5 million adjusted net profit for the first quarter, rising 37% from a year earlier.

Analysts in an LSEG poll had expected a $630.5 million adjusted profit for the quarter.

(Reporting by Andre Romani; Editing by Kylie Madry)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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