Nu Holdings reports 6.9% loans overdue 90+ days but sees growth potential in primary user base.

Nu Holdings reported that 6.9% of its loans were at least 90 days past due in Q2 2026, raising concerns about credit risk. However, delinquency among primary bank users is about half the portfolio average, indicating a strong opportunity to reduce risk by converting casual users into primary customers. This strategy could help Nu Holdings mitigate credit issues and drive future growth. The analyst remains optimistic about the company's prospects despite the surface-level concerns.

As of Nov 12, 2026 17:41 WIB, Nu Holdings Ltd (NU) trades at USD 12.28 on Pluang, showing a slight 0.32% decrease in one day. The stock sees a strong buying interest with 82% of orders on Pluang being buys, reflecting investor confidence despite recent concerns about loan delinquencies. NU's market cap stands at $58.35 billion, highlighting its significant presence in the financial sector.