Credit GrowthNubank has shown consistent growth in deposits and credit since starting operations, which enhances credibility in its strategy.
Earnings MomentumRecent quarters show earnings momentum likely to accelerate due to strong dynamics in Brazil and tailwinds from Mexico and Colombia.
Market ExpansionThe Mexican market provides a relevant opportunity for Nubank with significant potential in terms of size and market penetration.
Operational EfficiencyThe bank's disciplined approach to expenses supports return on equity via operating leverage.