Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The market has a wild trip so far in 2025 S & P 500 briefly entered Correction Area Before swinging last week before. For new investors, it can be a scary time. But experienced investors know that it’s just a parade, silver lining: find excellent stocks at horrible prices.
Holdings now (NYSE: Now) In S & P 500, in the S & P 500, it was obtained under the market with less than 1%. But it starts to splash back. Is it time to buy now?
Nu, Brazil, Mexico and Colombia provides digital banking and financial services. The bank has opened a place in an area with significant access barriers to bank customers, and members are drawn to the comfort of the NU. This is a few digital financial access to the quarterly growth, the regions where the areas where they still have a healthy runway.
In the fourth quarter of 2024, the income increased by 50% during the year and the net income rose from $ 360.9 million to $ 552.6 million. The hardest quarter of $ 0.80 per customer is reduced to $ 0.90 per quarter.
NU is initially created to meet the needs of a mass population that cannot access Brazil in a highly regulated and expensive banking system, but it takes a better banking experience. Although Brazil is now 58% of the adult population as customers, it continues to add 1 million new members to monthly and 61% of monthly assets use NU as a basic bank account. NU is now the third largest bank in Brazil in terms of members in Brazil, but there is more growth in Brazil. For example, Ultraviolet customers, its rich consumer service, increased by 132% during the year, but the number is still small at 688,000.
Nu only has a modest asset in Mexico and Colombia, where brazil is started after Brazil and there are no complete operations. This two markets, which attract new members, spread a high-class deposit account and growth is faster in Brazil. In Mexico, in 2024 with 10 million clients, 91% ended the annual growth or by 12% of the adult population and 2024. There are many other neighboring countries that many neighboring countries, which are not the optimal fintech solution under the line.
Now a Warren BuffetechnicsSince this is not suitable for the classic Buffett mold, as young growth is a reserve. The bank loves shares, but Buffett noted several times in a big job: Capital (ROE) is high. The lower surface model of NU earns high profits, and Nu’s Roe was placed 28% in 2024 and the highest financial institutions in the world.
