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| 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 |