Nu Holdings (Nu Holdings) Allowance For Loans And Lease Losses : $-512 Mil (As of Dec. 2023)

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What is Nu Holdings Allowance For Loans And Lease Losses?

Nu Holdings's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-512 Mil.

Nu Holdings's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-359 Mil) to Sep. 2023 ($-401 Mil) and declined from Sep. 2023 ($-401 Mil) to Dec. 2023 ($-512 Mil).

Nu Holdings's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-198 Mil) to Dec. 2022 ($-300 Mil) and declined from Dec. 2022 ($-300 Mil) to Dec. 2023 ($-512 Mil).

Nu Holdings Allowance For Loans And Lease Losses Historical Data

The historical data trend for Nu Holdings's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nu Holdings Allowance For Loans And Lease Losses Chart

Nu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-4.99

-26.21

-197.54

-300.22

-512.13

Nu Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial											-300.22	-315.91	-358.60	-401.33	-512.13

Nu Holdings Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Nu Holdings Allowance For Loans And Lease Losses Related Terms

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Nu Holdings (Nu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

NU:Mexico M1Z:Germany M1Z:Germany M1Z:Germany ROXO34:Brazil

Address

Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010

Website

https://www.nubank.com.br

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.