13 Best Performing Bank Stocks So Far In 2025

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5. Nu Holdings Ltd. (NYSE:NU)

Year-to-Date Performance: 29.40%

Number of Hedge Fund Holders: 54

Nu Holdings Ltd. (NYSE:NU) is a digital banking company that offers one of the world’s largest digital financial services platforms to serve customers in Brazil, Mexico, and Colombia. The company has a 100% digital model and it leverages data and proprietary technology to develop innovative financial products and services. Nu Holdings Ltd. (NYSE:NU) ranks among the best-performing bank stocks so far in 2025.

Infuse Asset Management, an investment management company, has a positive outlook on Nu Holdings Ltd. (NYSE:NU). In its Q4 2024 investor letter, the investment management firm noted that the company has an ambitious goal of becoming a leading global company and it successfully surpassed 100 million customers at the start of Q2 2024. Nu Holdings Ltd. (NYSE:NU) is marching towards the next 100 million as it is focused on expanding its market share in Mexico and continues to develop its super app in Brazil. The company has expanded its services for high-income clients, who can now book flights, shop, access payroll loans, invest in ETFs, exchange currency, get business loans, and even get cell phone plans. Infuse Asset Management is confident in the company’s management team and also noted that Nu Holdings Ltd. (NYSE:NU) is growing its revenue by over 30% and margins are approaching 30%.

The company is strategically focused on launching appealing products and expanding its customer base. Recently, on January 21, Nu Holdings Ltd. (NYSE:NU) announced that it has reached 10 million customers in Mexico after doubling its customer base over the past 12 months. Since entering the market in 2019, the company has expanded its products and services from credit cards to include savings accounts, debit cards, and personal loans. The company’s digital model allowed it to reach over 98% of Mexican municipalities, including communities without traditional banks. To accommodate the needs of the local market, which relies heavily on cash, Nu Holdings Ltd. (NYSE:NU) has created a network of more than 30,000 cash withdrawal and deposit locations.

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