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

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 eased to $11.6 million in Q3 2022 per SOFI's latest filing, from $36.4 million in the prior quarter.
• Across five years, Change in Net Loans topped out at $66.6 million in Q3 2020 and bottomed at -$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.
• Annual changes were most pronounced in 2021 — Change in Net Loans slumped 95.36% — and 2022, when it jumped 275.04%.
• SoFi Technologies' Change in Net Loans stood at $22.7 million in 2020, then tumbled by 45.96% to $12.3 million in 2021, then retreated by 5.58% to $11.6 million in 2022.
• Business Quant data shows SOFI's Change in Net Loans at $11.6 million in Q3 2022, $36.4 million in Q2 2022, and -$58.5 million in Q1 2022.