KPIs & Operating Metrics(New)

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

SoFi Technologies (SOFI) has 4 years of Mortgage Banking data on record, last reported at -$6.3 million in Q3 2023.

  • For Q3 2023, Mortgage Banking rose 28.2% year-over-year to -$6.3 million; the TTM value through Sep 2023 reached -$30.6 million, up 23.53%, while the annual FY2022 figure was -$40.0 million, 169.35% down from the prior year.
  • Mortgage Banking reached -$6.3 million in Q3 2023 per SOFI's latest filing, up from -$12.9 million in the prior quarter.
  • Across five years, Mortgage Banking topped out at $12.8 million in Q3 2020 and bottomed at -$12.9 million in Q2 2023.
  • Average Mortgage Banking over 4 years is -$5.5 million, with a median of -$7.2 million recorded in 2020.
  • Peak YoY movement for Mortgage Banking: tumbled 45042.31% in 2022, then surged 71.84% in 2023.
  • A 4-year view of Mortgage Banking shows it stood at -$7.2 million in 2020, then fell by 13.8% to -$8.2 million in 2021, then grew by 0.1% to -$8.2 million in 2022, then rose by 23.58% to -$6.3 million in 2023.
  • Per Business Quant database, its latest 3 readings for Mortgage Banking were -$6.3 million in Q3 2023, -$12.9 million in Q2 2023, and -$3.2 million in Q1 2023.