SoFi Technologies (SOFI) Mortgage Banking (2020 - 2023)

SoFi Technologies has reported Mortgage Banking for 4 years, with the latest figure at -$6.3 million in Q3 2023.

• On a quarterly basis, Mortgage Banking rose 28.2% year-over-year to -$6.3 million in Q3 2023; TTM through Sep 2023 was -$30.6 million, a 23.53% increase from a year earlier, with the FY2022 full-year figure at -$40.0 million, down 169.35% from the prior year.
• Mortgage Banking was -$6.3 million for Q3 2023 at SoFi Technologies, up from -$12.9 million in the prior quarter.
• The five-year high for Mortgage Banking was $12.8 million in Q3 2020, with the low at -$12.9 million in Q2 2023.
• Average Mortgage Banking over 4 years is -$4.6 million, with a median of -$6.8 million recorded in 2020.
• The sharpest annual moves came in 2022 and 2023: Mortgage Banking sank 45042.31% in 2022, then soared 71.84% in 2023.
• Over 4 years, Mortgage Banking stood at -$7.2 million in 2020, then retreated by 13.8% to -$8.2 million in 2021, then increased by 0.1% to -$8.2 million in 2022, then grew by 23.58% to -$6.3 million in 2023.
• The last three Mortgage Banking figures came in at -$6.3 million (Q3 2023), -$12.9 million (Q2 2023), and -$3.2 million (Q1 2023), per Business Quant data.