NU H1 deposits rise $3.4B; credit losses up 47% YoY
NU reports H1 deposits up $3.4B and expected credit losses up 47% YoY to $1.48B, while gross margin improves to 42.6% from 42.2% YoY amid higher funding costs.
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NU reports H1 deposits up $3.4B and expected credit losses up 47% YoY to $1.48B, while gross margin improves to 42.6% from 42.2% YoY amid higher funding costs.