SoFi Technologies (SOFI) Acquisitions (2022 - 2023)
SoFi Technologies (SOFI) posted Acquisitions of $54.4 million for Q2 2023, up 202.88% on a QoQ basis from $17.9 million in Q1 2023, and up 467.91% year-over-year from $9.6 million in Q2 2022.
Analysis
SoFi Technologies (SOFI) Acquisitions (2022 - 2023) Analysis & Trends
SoFi Technologies has reported Acquisitions for 2 years, with the latest figure at $54.4 million in Q2 2023.
- On a quarterly basis, Acquisitions rose 467.91% year-over-year to $54.4 million in Q2 2023; TTM through Mar 2024 was $54.4 million, a 147.72% increase from a year earlier, with the FY2023 full-year figure at $72.3 million, up 223.51% from the prior year.
- Acquisitions was $54.4 million for Q2 2023 at SoFi Technologies, up from $17.9 million in the prior quarter.
- The five-year high for Acquisitions was $73.3 million in Q1 2022, with the low at -$117.1 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | - |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 26.00 Mn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | -756.70 Mn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | - |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 Bn | 1.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 54.36 Mn |
| Mar 31, 2023 | 17.95 Mn |
| Dec 31, 2022 | -117.08 Mn |
| Jun 30, 2022 | -14.77 Mn |
| Mar 31, 2022 | 73.31 Mn |