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

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

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

SoFi Technologies (SOFI) has reported Change in Net Loans for 3 consecutive years, with $11.6 million the latest figure, recorded in 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 came in at $11.6 million for Q3 2022 at SoFi Technologies, 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.
  • Across the five-year window, Change in Net Loans plunged 95.36% in 2021 and surged 275.04% in 2022, its largest moves.
  • Year by year, Change in Net Loans stood at $22.7 million in 2020, then sank by 45.96% to $12.3 million in 2021, then declined by 5.58% to $11.6 million in 2022.
  • According to Business Quant data, Change in Net Loans over the past three periods registered $11.6 million, $36.4 million, and -$58.5 million for Q3 2022, Q2 2022, and Q1 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Net Loans (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn -512.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - -

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