KPIs & Operating Metrics(New)

SoFi Technologies (SOFI) Mortgage Banking: 2020-2023

Historic Mortgage Banking for SoFi Technologies (SOFI) over the last 4 years, with Sep 2023 value amounting to -$6.3 million.

  • SoFi Technologies' Mortgage Banking rose 28.20% to -$6.3 million in Q3 2023 from the same period last year, while for Sep 2023 it was -$30.6 million, marking a year-over-year increase of 23.53%. This contributed to the annual value of -$40.0 million for FY2022, which is 169.35% down from last year.
  • SoFi Technologies' Mortgage Banking amounted to -$6.3 million in Q3 2023, which was up 51.18% from -$12.9 million recorded in Q2 2023.
  • In the past 5 years, SoFi Technologies' Mortgage Banking registered a high of $12.8 million during Q3 2020, and its lowest value of -$83.1 million during Q2 2020.
  • Its 3-year average for Mortgage Banking is -$7.0 million, with a median of -$8.2 million in 2022.
  • Its Mortgage Banking has fluctuated over the past 5 years, first soared by 99.97% in 2021, then plummeted by 45,042.31% in 2022.
  • Quarterly analysis of 4 years shows SoFi Technologies' Mortgage Banking stood at -$7.2 million in 2020, then dropped by 13.80% to -$8.2 million in 2021, then increased by 0.10% to -$8.2 million in 2022, then grew by 28.20% to -$6.3 million in 2023.
  • Its Mortgage Banking stands at -$6.3 million for Q3 2023, versus -$12.9 million for Q2 2023 and -$3.2 million for Q1 2023.