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

SoFi Technologies' quarterly Change in Net Loans came in at $11.6 million in Q3 2022, up 275.04% year-on-year from $3.1 million in Q3 2021, and down 68.12% quarter-over-quarter from $36.4 million in Q2 2022.

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

SoFi Technologies has reported Change in Net Loans for 3 years, with the latest figure at $11.6 million in Q3 2022.

  • For the quarter ending Q3 2022, Change in Net Loans rose 275.04% year-over-year to $11.6 million; the trailing twelve-month figure through Sep 2022 stood at $1.7 million (down 91.65% YoY), and the FY2021 full-year result was $10.1 million, down 82.72% from the prior year.
  • Change in Net Loans for Q3 2022 stood at $11.6 million, 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.
  • Year-over-year, Change in Net Loans tumbled 95.36% in 2021 and jumped 275.04% in 2022.
  • Tracing SOFI's Change in Net Loans over 3 years: stood at $22.7 million in 2020, then tumbled by 45.96% to $12.3 million in 2021, then slipped 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 539.53 Bn 527.13 Bn - -
2 Mastercard 441.81 Bn 431.60 Bn - -
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn -512.00 Mn
4 Capital One Financial 114.99 Bn 38.50 Bn - -
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn -
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -
7 Synchrony Financial 24.22 Bn 3.66 Bn - -2.36 Bn
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn -
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 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