SoFi Earnings: Strong Bottom-Line Results on Net Interest Income …

Jan 27, 2025 · While SoFi saw strong fee-based revenue, net interest income remains its largest driver. NII increased 20.7% to $470 million and was responsible for roughly two-thirds of the …

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SoFi Earnings: Strong Bottom-Line Results On Net Interest Income …

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Jan 27, 2025 · While SoFi saw strong fee-based revenue, net interest income remains its largest driver. NII increased 20.7% to $470 million and was responsible for roughly two-thirds of the …

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SoFi Earnings: Strong Bottom-Line Results On Net Interest Income …

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Jan 27, 2025 · SoFi Technologies maintained its strong momentum in the fourth quarter. Net revenue increased 19% from a year ago to $734.1 million, with the loan platform business a …

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SoFi Technologies Reports Net Revenue Of $734 Million And Net …

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SAN FRANCISCO — January 27, 2025 – SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, …

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SoFi Technologies Reports Net Revenue Of $734 Million And Net …

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Jan 27, 2025 · Net interest income of $470.2 million for the fourth quarter was up 21% year-over-year. This was driven by a 23% increase in average interest-earning assets and a 68 basis …

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SoFi Technologies Reports Net Revenue Of $734 Million And Net …

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Jan 27, 2025 · Net interest income of $573.4 million increased 71% year-over-year, primarily driven by growth in consumer deposits. Noninterest income of $248.1 million increased 144% …

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SoFi Technologies Reports Net Revenue Of $599 Million And …

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Net interest income of $412.6 million for the second quarter was up 42% year-over-year and up 2% sequentially. Net interest margin of 5.83% was up from 5.74% in the prior-year quarter. …

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SoFi Technologies Beats Top-line And Bottom-line Estimates ... - MSN

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Net interest income of $412.6 million for the second quarter was up 42% year-over-year and up 2% sequentially. Net interest margin of 5.83% was up from 5.74% in the prior-year quarter.

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SoFi: Record Earnings Beat And Outstanding Execution

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SoFi reported strong financial results for the fourth quarter of 2022. Revenue was $443.42 million which beat analyst expectations by $27.48 million and increased by a rapid 72.5% year over …

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The Market Is Wrong: SoFi Is A Top Fintech Growth Play In 2025

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Jan 28, 2025 · SoFi delivered both a top and bottom-line beat for the fourth fiscal quarter: the Fintech earned $0.05 per-share in adjusted earnings, which beat the consensus estimates by …

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Anthony Noto Just Delivered Fantastic News For SoFi Investors

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4 days ago · When SoFi reported its Q4 2023 financial results a year ago, it revealed a bright outlook. Management forecasts earnings per share (EPS) will total $0.68 (at the midpoint) in …

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SoFi Earnings: Strong Loan Platform Revenue Drives ... - Morningstar

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Oct 29, 2024 · The increase in net interest income was entirely due to loan growth, as net interest margin decreased to 5.57% from 5.99% last year. ... SoFi Earnings: Strong Bottom-Line …

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SoFi CEO Says 2024 Was ‘Best Year Ever.’ Why The Stock Is ... - Yahoo

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Jan 27, 2025 · For its first quarter, SoFi forecast adjusted net revenue between $725 million and $745 million and earnings of 3 cents per share, while Wall Street had penciled in revenue of …

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SoFi's Unique Model For Personal Finance And Rising

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Nov 25, 2024 · SoFi Earnings: Strong Bottom-Line Results on Net Interest Income and Loan Platform Growth ... This has led SoFi’s net charge-offs to rise to $173.8 million in the second …

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SoFi Q4 Report: Growth Potential Far Outweighs The Risks

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Jan 29, 2024 · SoFi Bank, N.A. generated $128.6 million of GAAP net income at a 27% margin in the quarter, and an annualized return on tangible equity of 16.8%. YoY revenue growth was …

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SoFi Technologies Stock Sinks On Soft Guidance - Investopedia

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Jan 27, 2025 · The news offset better-than-expected fourth-quarter results. SoFi reported EPS of $0.29, with revenue rising 19% year-over-year to $734 million. ... "SoFi Technologies Reports …

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SoFi: Strong Earnings Signal A Compelling Investment Opportunity

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Aug 1, 2024 · The second quarter 2024 earnings release stated, "[Non-interest income] was driven by new all-time high revenue for SoFi Money, with interchange growth of 67% year-over …

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SoFi: Excellent Results, Buy The Dip - Seeking Alpha

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22 hours ago · Despite a 10% stock drop post-earnings, SoFi's growth in sales, EBITDA, and customer base makes it a compelling buy on the dip. ... SoFi Technologies’ net sales were up …

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FAQs about SoFi Earnings: Strong Bottom-Line Results on Net Interest Income … Coupon?

Is Sofi stock undervalued?

We still see SoFi stock as meaningfully undervalued. SoFi Technologies SOFI reported solid fourth-quarter results; in fact, this was the firm’s first profitable quarter ever. Net revenue increased 35% from last year and 15% from last quarter to $615 million. Net income increased to $48 million from a net loss of $40 million last year. ...

Why did Sofi increase its net interest income?

The increase was mostly due to SoFi’s expanding loan book, although its net interest margin did expand modestly to 6.02% from 5.94% last year. On the other hand, the company’s average loan balance increased 80% from last year to $22.3 billion, making balance sheet expansion the main source of net interest income growth. ...

Why is Sofi money a good investment?

The strength in SoFi's Financial Services Net interest income boils down to growth in consumer deposits, which have increased to $24.4B as of Q3 2024. SoFi Money is already a profit machine, and it could do even better in a declining interest rate environment. ...

How did Sofi invest perform in the second quarter?

SoFi Invest recorded a 58% year-over-year increase in assets under management in the second quarter, driven largely by net flows. Alternative assets and mutual funds, which the company fully rolled out earlier this year, drove 12% of all segment net flows during the quarter. ...

Is SoFi a profitable company (GAAP basis)?

SoFi reported a net loss of $40 million in Q4, making it unprofitable on a GAAP basis, despite forecasted 35% revenue growth per year in years 2 to 5. ...

What is Sofi's net revenue growth rate for Q1 2023?

SoFi has guided for a 34% to 37% net revenue growth rate in Q1, 2023, with Adjusted net revenue expected to be between $430 and $440 million. This is substantially slower than the prior quarters revenue growth of over 70%. ...