SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023)
SoFi Technologies (SOFI) posted Interest income - Investments of $2.0 million for Q3 2023, down 25.54% on a QoQ basis from $2.7 million in Q2 2023, and down 24.8% year-over-year from $2.6 million in Q3 2022.
Analysis
SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023) Analysis & Trends
SoFi Technologies has reported Interest income - Investments for 4 years, with the latest figure at $2.0 million in Q3 2023.
- On a quarterly basis, Interest income - Investments fell 24.8% year-over-year to $2.0 million in Q3 2023; TTM through Sep 2023 was $10.2 million, a 5.91% decrease from a year earlier, with the FY2022 full-year figure at $10.4 million, down 26.05% from the prior year.
- Interest income - Investments was $2.0 million for Q3 2023 at SoFi Technologies, down from $2.7 million in the prior quarter.
- The five-year high for Interest income - Investments was $6.5 million in Q2 2020, with the low at $2.0 million in Q3 2023.
- Average Interest income - Investments over 4 years is $3.5 million, with a median of $2.9 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2023: Interest income - Investments tumbled 44.5% in 2021, then gained 10.73% in 2023.
- Over 4 years, Interest income - Investments stood at $5.1 million in 2020, then sank by 44.5% to $2.8 million in 2021, then retreated by 13.13% to $2.5 million in 2022, then declined by 20.0% to $2.0 million in 2023.
- The last three Interest income - Investments figures came in at $2.0 million (Q3 2023), $2.7 million (Q2 2023), and $3.1 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 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, 2023 | 1.98 Mn |
| Jun 30, 2023 | 2.66 Mn |
| Mar 31, 2023 | 3.05 Mn |
| Dec 31, 2022 | 2.48 Mn |
| Sep 30, 2022 | 2.63 Mn |
| Jun 30, 2022 | 2.57 Mn |
| Mar 31, 2022 | 2.76 Mn |
| Dec 31, 2021 | 2.85 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 3.79 Mn |
| Mar 31, 2021 | 4.47 Mn |
| Dec 31, 2020 | 5.13 Mn |
| Sep 30, 2020 | 5.34 Mn |
| Jun 30, 2020 | 6.50 Mn |