New York, Feb 11, 2026, 07:54 EST — Premarket
Nu Holdings Ltd shares rose 0.5% in premarket trading on Wednesday to $17.66, after ending Tuesday up 0.1% at $17.57. The stock is up about 5% so far this year, but has slipped roughly 6% from late-January levels. (StockAnalysis)
The next hard catalyst is Feb. 25, when Nu is due to report fourth-quarter results after the U.S. market close and hold a conference call at 5 p.m. Eastern, according to its investor relations site. (Nubank RI)
That call is likely to carry extra weight because investors want updates on the company’s U.S. push after it won conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to form Nubank, N.A., a new national bank. CEO David Vélez called it “an opportunity to prove our thesis,” the filing showed.
Nu has said it has entered a “bank organization” phase and still needs approvals from the Federal Deposit Insurance Corporation and the Federal Reserve, with a goal of fully capitalizing the bank within 12 months and opening within 18 months. (Investing)
The company, which runs Brazilian digital lender Nubank, has said it serves more than 127 million customers and operates across Brazil, Mexico and Colombia. (Nasdaq)
In late January, Nubank also said it would invest more than 2.5 billion reais (about $475 million) over five years to expand its office network in Brazil, alongside a shift to a hybrid work model from July. “Investing in physical spaces is investing in our capacity to innovate,” Livia Chanes, chief executive of Nubank Brazil, said. (Nu International)
When Nu reports, attention is likely to fall on loan growth, credit losses and funding costs in Brazil, where interest rates and inflation can quickly filter into repayment patterns. Investors will also want clarity on how much time and capital the U.S. buildout may require before it produces meaningful deposits and lending.
But the U.S. expansion comes with execution risk. A slower regulatory process, or a softer credit cycle in Nu’s core markets, could leave the company spending into weaker growth.
For now, traders are focused on Feb. 25 — and whether Nu’s results and commentary reset expectations for 2026. (Investing)
