The company maintains a stable equity-to-assets ratio of 0.16, providing a consistent capital cushion as total assets surged from $43.3 billion in 2023Q4 to $77.5 billion in 2026Q1.
| Cash & Short Term Investments | 102.48B | 16.14B | 23.15B | 22.02B | 16.84B | 10.69B | 2.39B | 1.25B | 379.21M |
| Cash & Due from Banks | 19.37B | 15B | 13.64B | 13.37B | 6.89B | 2.53B | 603.33M | 439.91M | 201.65M |
| Short Term Investments | 10.95B | 1.14B | 9.51B | 8.65B | 9.95B | 8.16B | 1.78B | 806.66M | 177.56M |
| Total Investments | 26.71B | 23.49B | 16.64B | 12.48B | 12.23B | 10.29B | 6.3B | 3.19B | 776.63M |
| Investments Growth % | 179.03% | 41.18% | 33.31% | 2.03% | 18.83% | 63.52% | 97.54% | 310.33% | - |
| Long-Term Investments | 60.16B | 22.35B | 7.13B | 3.83B | 2.29B | 2.13B | 4.51B | 2.38B | 599.08M |
| Accounts Receivables | 20.19B | 19.27B | 12.26B | 12.41B | 8.23B | 4.78B | 2.91B | 2.79B | 1.62B |
| Goodwill & Intangibles | 1.11B | 1.01B | 761.9M | 693.42M | 579.56M | 474.21M | 13.2M | 1.11M | 503K |
| Goodwill | 409.37M | 409.37M | 414.29M | 397.54M | 397.4M | 401.87M | 831K | 0 | 0 |
| Intangible Assets | 700.19M | 601.67M | 347.62M | 295.88M | 182.16M | 72.34M | 12.37M | 1.11M | 503K |
| PP&E (Net) | 75.19M | 27.55M | 46.22M | 69.75M | 46.46M | 20.54M | 20.51M | 25.86M | 6.7M |
| Other Assets | 6.63B | 13.56B | 2.99B | 482.97M | 289.67M | 1.24B | 137.85M | 213.74M | 114.31M |
| Total Current Assets | 50.91B | 35.44B | 37.19B | 36.73B | 25.92B | 15.63B | 5.35B | 4.05B | 2.01B |
| Total Non-Current Assets | 26.55B | 39.46B | 12.74B | 6.61B | 4.01B | 4.22B | 4.81B | 2.71B | 775.81M |
| Total Assets | 77.46B | 74.89B | 49.93B | 43.35B | 29.93B | 19.86B | 10.15B | 6.76B | 2.79B |
| Asset Growth % | 173.49% | 49.99% | 15.19% | 44.8% | 50.74% | 95.57% | 50.21% | 142.66% | - |
| Return on Assets (ROA) | 4.49% | 4.6% | 4.23% | 2.81% | -1.46% | -1.1% | -2.03% | -1.94% | -1.03% |
| Accounts Payable | 14.41B | 13.63B | 9.33B | 9.76B | 7.05B | 4.88B | 3.33B | 2.98B | 1.68B |
| Total Debt | 3.17B | 5.21B | 886.53M | 1.17B | 803.16M | 167.92M | 189.21M | 322.03M | 115.41M |
| Net Debt | -16.2B | -9.79B | -12.75B | -12.2B | -6.09B | -2.36B | -414.12M | -117.88M | -86.24M |
| Long-Term Debt | 0 | 2.66B | 328.87M | 806.68M | 547.24M | 157.25M | 177.2M | 303.33M | 115.41M |
| Short-Term Debt | 3.12B | 2.53B | 531.46M | 324.05M | 235.57M | 3.05M | 0 | 1.47B | 17.25M |
| Other Liabilities | 3.25B | 997.84M | 2.75B | 1.87B | 1.11B | 528.8M | 206.37M | 100.92M | 52.81M |
| Total Current Liabilities | 61.22B | 59.81B | 38.9B | 33.94B | 23.2B | 14.66B | 9.29B | 5.7B | 2.31B |
| Total Non-Current Liabilities | 3.64B | 3.76B | 3.38B | 3B | 1.84B | 753.67M | 430.29M | 444.8M | 179.06M |
| Total Liabilities | 64.86B | 63.57B | 42.28B | 36.94B | 25.04B | 15.42B | 9.72B | 6.15B | 2.49B |
| Total Equity | 12.59B | 11.32B | 7.65B | 6.41B | 4.89B | 4.44B | 438.11M | 612.25M | 296.73M |
| Equity Growth % | 170.69% | 48.05% | 19.37% | 30.99% | 10.09% | 914.02% | -28.44% | 106.33% | - |
| Equity / Assets (Capital Ratio) | 16.26% | 15.12% | 15.32% | 14.78% | 16.34% | 22.37% | 4.31% | 9.06% | 10.65% |
| Return on Equity (ROE) | 28.91% | 30.25% | 28.07% | 18.24% | -7.81% | -6.76% | -32.65% | -20.36% | -9.63% |
| Book Value per Share | 2.56 | 2.31 | 1.56 | 1.32 | 1.05 | 0.96 | 0.10 | 0.13 | 0.06 |
| Tangible BV per Share | 2.34 | 2.10 | 1.41 | 1.18 | 0.92 | 0.86 | 0.09 | 0.13 | 0.06 |
| Common Stock | 84K | 84K | 84K | 84K | 83K | 83K | 45K | 45K | 42K |
| Additional Paid-in Capital | 5.06B | 5.06B | 5.05B | 4.97B | 4.96B | 4.68B | 638.01M | 631.25M | 389.39M |
| Retained Earnings | 7.34B | 6.41B | 3.42B | 1.28B | 64.58M | -128.41M | -102.44M | 28.19M | -57.99M |
| Accumulated OCI | 183.33M | -184.3M | -828.17M | 156.43M | -137.65M | -109.23M | -97.5M | -47.23M | -34.71M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Unsecured consumer credit volatility
According to recent financial disclosures, Nu Holdings grew total assets to $77.5 billion in 2026Q1, a significant increase from $43.3 billion in 2023Q4, which suggests an aggressive scaling of the balance sheet primarily fueled by the rapid expansion of its unsecured consumer credit portfolio.
The consistent growth in total assets indicates that the bank is successfully capturing market share, though the reliance on credit-driven expansion warrants close monitoring of asset quality. This trajectory appears to prioritize volume over defensive positioning, which may expose the firm to heightened sensitivity during periods of macroeconomic stress in its core Brazilian market.
Based on reported figures, the equity-to-assets ratio remained stable at 0.16 in 2026Q1, demonstrating that the bank is maintaining a consistent capital cushion despite the rapid growth of its risk-weighted assets as it scales its lending operations across Latin American markets.
Maintaining a stable capital ratio while aggressively expanding the loan book suggests a disciplined approach to capital management that balances growth with regulatory requirements. Investors should monitor whether this capital adequacy can be sustained if the bank continues to increase its exposure to higher-risk, uncollateralized personal lending products.
As reported in recent financial statements, the company held $19.4 billion in cash and bank balances alongside $26.7 billion in investment securities in 2026Q1, indicating a robust liquidity position that provides a necessary buffer against potential volatility in its unsecured consumer lending business.
The significant allocation to liquid assets suggests that management is prioritizing a conservative liquidity profile to mitigate the inherent risks of its digital-first banking model. This liquidity cushion appears sufficient to support ongoing operations, though the shift toward higher-yielding credit products may eventually necessitate a more dynamic management of the securities portfolio.
Financial data indicates that provision for credit losses reached $1.7 billion in 2026Q1, which, when compared to the $872.1 million in net income, suggests that the bank is aggressively front-loading credit risk expectations as it continues to season its rapidly growing unsecured personal loan portfolio.
The divergence between provisioning levels and net income highlights the potential for earnings volatility if credit losses exceed current expectations. This aggressive provisioning strategy appears to be a prudent response to the inherent risks of the unsecured consumer segment, yet it remains a critical area for investors to monitor for signs of underlying asset quality deterioration.
Quick answers to the most common questions about buying NU stock.
As of 2025, Nu Holdings Ltd. (NU) had total assets of $74.89B including $35.44B in current assets.
Nu Holdings Ltd. (NU) carries total debt of $5.21B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Nu Holdings Ltd. (NU) has total shareholders' equity (book value) of $11.29B ($2.31 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Nu Holdings Ltd. (NU) reported a current ratio of 0.59x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.