SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022)
SoFi Technologies' Change in Net Loans came in at $11.6 million for Q3 2022, up 275.0% from $3.09 million a year earlier but down 68.1% from the prior quarter.
SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022) Analysis & Trends
Over the trailing twelve months to Sep 30, 2022, SoFi Technologies reported Change in Net Loans of $1.72 million, down 91.6% year-over-year; for FY2021, it came in at $10.15 million, down 82.7% from FY2020.
- Going back by year, Change in Net Loans was $58.74 million in FY2020 and -$69.21 million in FY2019.
- The five-year range for quarterly Change in Net Loans is -$58.55 million (Q1 2022) to $66.6 million (Q3 2020).
- Year-over-year, Change in Net Loans increased in two of the last four quarters, with growth averaging 44.4%.
- Business Quant data shows SOFI's Change in Net Loans at $36.38 million (Q2 2022), -$58.55 million (Q1 2022) and $12.29 million (Q4 2021) in the three quarters before Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | 60.00 Bn |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | - |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | 12.69 Bn |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | 7.29 Bn |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | 19.63 Bn |
| 10 | SoFi Technologies | 20.39 Bn | 5.68 Bn | 1.02 Bn | - |
Historic 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 |
SoFi Technologies Change in Net Loans API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-net-loans&ticker=SOFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-net-loans", "ticker": "SOFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-net-loans&ticker=SOFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();