Do they buy Wise at some point? Might be a cool way to backdoor into some acquisitions around the world. If Trump opens up the Canadian bank market then EQ bank might be attractive way to enter that market!
Hey Sam, great post and I wanted to get your take on this potential bear case. Suppose NU has great growth the next two years but then in 2027 their growth comes to a halt due to geopolitical or whatever. What would do you think their P/E would compress to in a no growth scenario? I tried finding a comp for that but couldn't really find one. Thx.
solid analysis! little feedback, the blue on the backround makes it a bit difficult to read. hope it helps. keep it up!
Thank you!
Do they buy Wise at some point? Might be a cool way to backdoor into some acquisitions around the world. If Trump opens up the Canadian bank market then EQ bank might be attractive way to enter that market!
Seems like an integration for international payments. I dunno if they would buy them.
Thoughts on Newtek?
- 5.12x P/E
- 17% revenue CAGR
- Funding mix shifting to deposits → faster margin expansion
- rare counter-cyclical growth
Thanks
Hey Sam, great post and I wanted to get your take on this potential bear case. Suppose NU has great growth the next two years but then in 2027 their growth comes to a halt due to geopolitical or whatever. What would do you think their P/E would compress to in a no growth scenario? I tried finding a comp for that but couldn't really find one. Thx.