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Latin America's largest digital bank crossed the ten-figure profit threshold for the first time, sending shares up 9% after hours
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Nu Holdings, the parent company of Brazilian digital bank Nubank, reported $1.061 billion in GAAP net income for Q2 2026, marking the first time it has cleared the billion-dollar mark in a single quarter.
That figure represents a 49% year-over-year increase on a currency-neutral basis and a 17% jump from the prior quarter. Shares responded accordingly, climbing roughly 9% in after-hours trading on August 13.
