Nu Holdings advanced sharply as investors responded enthusiastically to the company’s third-quarter earnings release, which demonstrated exceptional operating leverage and resilient profitability. The digital banking platform posted record quarterly net income, driven by robust top-line revenue growth across Latin America and an industry-leading return on equity. Accelerating monthly average revenue per active customer, coupled with a virtually stable low cost-to-serve, pushed the company’s operating efficiency ratio to stronger levels. This powerful combination of customer monetization and unit economic efficiency reaffirmed the earnings power of the business model.

Operational execution across geographic regions provided further…