SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022)
SoFi Technologies' quarterly Change in Net Loans came in at $11.6 million in Q3 2022, up 275.04% year-on-year from $3.1 million in Q3 2021, and down 68.12% quarter-over-quarter from $36.4 million in Q2 2022.
SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022) Analysis & Trends
SoFi Technologies has reported Change in Net Loans for 3 years, with the latest figure at $11.6 million in Q3 2022.
- For the quarter ending Q3 2022, Change in Net Loans rose 275.04% year-over-year to $11.6 million; the trailing twelve-month figure through Sep 2022 stood at $1.7 million (down 91.65% YoY), and the FY2021 full-year result was $10.1 million, down 82.72% from the prior year.
- Change in Net Loans for Q3 2022 stood at $11.6 million, down from $36.4 million in the prior quarter.
- The five-year high for Change in Net Loans was $66.6 million in Q3 2020, with the low at -$58.5 million in Q1 2022.
- Average Change in Net Loans over 3 years is $9.9 million, with a median of $12.3 million recorded in 2021.
- Year-over-year, Change in Net Loans tumbled 95.36% in 2021 and jumped 275.04% in 2022.
- Tracing SOFI's Change in Net Loans over 3 years: stood at $22.7 million in 2020, then tumbled by 45.96% to $12.3 million in 2021, then slipped by 5.58% to $11.6 million in 2022.
- The last three Change in Net Loans figures came in at $11.6 million (Q3 2022), $36.4 million (Q2 2022), and -$58.5 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - | - |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | - |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | -512.00 Mn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | - |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | - |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | - |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | -2.36 Bn |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | - |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | - |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 11.60 Mn |
| Jun 30, 2022 | 36.38 Mn |
| Mar 31, 2022 | -58.55 Mn |
| Dec 31, 2021 | 12.29 Mn |
| Sep 30, 2021 | 3.09 Mn |
| Jun 30, 2021 | 25.26 Mn |
| Mar 31, 2021 | -30.49 Mn |
| Dec 31, 2020 | 22.73 Mn |
| Sep 30, 2020 | 66.60 Mn |