实时全球研报
Nu Holdings Ltd (NU.N): Nubank Mexico: July - Slower growth, higher delinquency
研报英文原文证据摘录
Flash |
06 Aug 2026 08:20:31 ET │ 11 pages
Nu Holdings Ltd (NU.N)
Nubank Mexico: July -Slower growth, higher delinquency
CITI'S TAKE
According to data from Mexican regulators CNBV and Condusef, Nubank
reached a loan portfolio of ~P$36.5bn (~US$2.1bn) in July (+2.3% MoM
and +49%YoY, after +3% (+56%YoY) and +2.5%MoM (+54%YoY) in May
and June, respectively). Nubank has updated reporting to consider S3
loans in the category, we have re-stated since December of 2025. The
MoM evolution shows a S3 increase of 40bp as % of loans, with the ratio
reaching 7.0%, with a fourth month of consecutive deterioration. We
recently discussed 2Q26 figures for Mexico in Nu Holdings Ltd (NU.N):
Nubank Mexico: 2Q26 - The second profitable quarter.
Neutral
Price (05 Aug 26 16:00)
US$14.48
Target price
US$14.50
Expected share price return
0.1%
Expected dividend yield
0.0%
Expected total return
0.1%
Market Cap
US$69,945M
Gustavo SchrodenAC
Brian Flores, CFA
Arnon Shirazi, CFA
本摘录由系统从所标注的 PDF 证据页直接提取并保留英文原文，不做批量翻译；登录后在阅读器切换中文时才按需翻译。
打开研报阅读器