Key Metrics Tell Us About Nu (NU) Q4 Earnings
While the top- and bottom-line numbers for Nu (NU) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street expectations. Nu's active customer base has seen a significant decline from 108.16 million to 94.9 million, which may indicate a shift in market dynamics. The company's revenue-fee and commission income has also taken a hit, with a decrease from $504.17 million estimated by analysts to $495.60 million.
- A declining active customer base raises questions about the sustainability of Nu's business model, particularly if it relies heavily on high-margin fee-based services.
- Can Nu reverse its fortunes by investing in new technologies or expanding into adjacent markets, or will this decline mark a permanent shift for the company?