SoFi Technologies (SOFI) Change in Net Loans (2020 - 2022)
SoFi Technologies (SOFI) posted Change in Net Loans of $11.6 million for Q3 2022, down 68.12% on a QoQ basis from $36.4 million in Q2 2022, and up 275.04% year-over-year from $3.1 million in Q3 2021.
Analysis
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.
- On a quarterly basis, Change in Net Loans rose 275.04% year-over-year to $11.6 million in Q3 2022; TTM through Sep 2022 was $1.7 million, a 91.65% decrease from a year earlier, with the FY2021 full-year figure at $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.
- 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.
- The sharpest annual moves came in 2021 and 2022: Change in Net Loans slumped 95.36% in 2021, then soared 275.04% in 2022.
- Over 3 years, Change in Net Loans 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 4.60 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 12.69 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 7.29 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | -19.63 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 6.50 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | - |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 Bn | 1.02 Bn | - |
Historic Data
Download Data
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 |