Nu Holdings Q2 2026: Net Income Up 67% to $1.06B, CET1 at 11.9%, $500M of Buyback Executed
NU sits 34% above its 52-week low of $11.2.
Summary
Nu Holdings reported Q2 2026 net income of $1.06 billion, up 67% year-over-year, with revenue up 50% to $5.51 billion. The company executed $500 million of its $1 billion buyback and maintains strong capital ratios across all operating jurisdictions.
Key Events · Earnings and Guidance · NU
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Q2 Net Income Up 67%
Net income reached $1.06 billion for Q2 2026, up from $637 million a year earlier, with diluted EPS of $0.2162 versus $0.1300.
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Revenue Growth Accelerates
Total revenue grew 50% year-over-year to $5.51 billion, driven by interest income of $4.76 billion and fee income of $752.6 million.
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Buyback Half Executed
Nu repurchased 40.7 million Class A shares for $500.4 million during H1 2026, leaving $499.6 million remaining under the $1.0 billion authorization.
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Capital Ratios Remain Strong
Brazil prudential conglomerate CET1 ratio was 11.9%, Tier 1 13.4%, and CAR 15.7% as of June 30, 2026, all above regulatory minimums.
Analysis · NU · Finance
A standout quarter for Nu Holdings: net income climbed 67% year-over-year to $1.06 billion, propelled by a 50% surge in revenue to $5.51 billion. The full financial statements paint a picture of strength, with total assets of $82.8 billion and regulatory capital ratios comfortably above minimums across Brazil, Mexico, and Colombia. Half of the $1.0 billion share repurchase program was executed in the first half, with 40.7 million shares bought back for $500.4 million. Credit quality metrics show expected credit loss coverage ratios rising modestly, reflecting portfolio growth rather than deterioration. The filing also confirms that Nubank Mexico began operating as a multiple bank on August 6, 2026, and provides details on the pending Banco Porto Real acquisition in Brazil.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.5% of the 1629 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.59%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NU was trading at $15.03 on NYSE in the Finance sector, with a market capitalization of approximately $67.3B. The 52-week trading range was $11.20 to $18.98. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.