SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022)

SoFi Technologies (SOFI) recorded quarterly Change in Net Loans of $11.6 million in Q3 2022, down 68.12% quarter-over-quarter from $36.4 million in Q2 2022, and up 275.04% on a YoY basis from $3.1 million in Q3 2021.

SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022) Analysis & Trends

SoFi Technologies' Change in Net Loans history runs 3 years deep, the most recent figure standing at $11.6 million for Q3 2022.

  • In Q3 2022, Change in Net Loans rose 275.04% year-over-year to $11.6 million; the TTM figure through Sep 2022 stood at $1.7 million (down 91.65% YoY), while the FY2021 annual figure was $10.1 million, down 82.72% from the prior year.
  • Change in Net Loans was $11.6 million for Q3 2022 at SoFi Technologies, down from $36.4 million in the prior quarter.
  • In the past five years, Change in Net Loans ranged from a high of $66.6 million in Q3 2020 to a low of -$58.5 million in Q1 2022.
  • Historically, Change in Net Loans has averaged $9.9 million across 3 years, with a median of $12.3 million in 2021.
  • The sharpest annual moves came in 2021 and 2022: Change in Net Loans tumbled 95.36% in 2021, then surged 275.04% in 2022.
  • A 3-year view of Change in Net Loans shows it stood at $22.7 million in 2020, then plunged by 45.96% to $12.3 million in 2021, then decreased 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 548.22 Bn 535.81 Bn - -
2 Mastercard 437.48 Bn 427.27 Bn - -
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn -512.00 Mn
4 Capital One Financial 125.74 Bn 49.24 Bn - -
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn -
6 Synchrony Financial 25.78 Bn 5.22 Bn - -2.36 Bn
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn -
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn -
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn -
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
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