SoFi Technologies (SOFI) Originations of Loans Held for Sale (2020 - 2022)
SoFi Technologies (SOFI) recorded Originations of Loans Held for Sale of $4.76 billion in Q3 2022, up 31.3% from $3.63 billion a year earlier and up 45.3% from the prior quarter.
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Analysis
SoFi Technologies (SOFI) Originations of Loans Held for Sale (2020 - 2022) Analysis & Trends
On a TTM basis, SoFi Technologies' Originations of Loans Held for Sale came in at $15.76 billion as of Sep 30, 2022, up 34.7% year-over-year; for FY2021, it was $13.5 billion, up 29.7% from FY2020.
- Across earlier years, Originations of Loans Held for Sale came in at $10.41 billion in FY2020 (-10.1%) and $11.58 billion in FY2019.
- The Q3 2022 figure is the highest quarterly Originations of Loans Held for Sale in data going back to Q3 2020.
- On a year-over-year basis, Originations of Loans Held for Sale has increased for five consecutive quarters, with growth averaging 35.4% over the last five quarters.
- Per Business Quant, the preceding three quarters came in at $3.28 billion (Q2 2022), $3.6 billion (Q1 2022) and $4.13 billion (Q4 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LHFS Originations (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 80.50 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | - |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | - |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | - |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | - |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 9.79 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | - |
| 10 | SoFi Technologies | 20.95 Bn | 6.68 Bn | 1.18 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 4.76 Bn |
| Jun 30, 2022 | 3.28 Bn |
| Mar 31, 2022 | 3.60 Bn |
| Dec 31, 2021 | 4.13 Bn |
| Sep 30, 2021 | 3.63 Bn |
| Jun 30, 2021 | 3.17 Bn |
| Mar 31, 2021 | 2.58 Bn |
| Dec 31, 2020 | 2.33 Bn |
| Sep 30, 2020 | 2.89 Bn |
API Access
SoFi Technologies Originations of Loans Held for Sale API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=originations-of-loans-held-for-sale&ticker=SOFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "originations-of-loans-held-for-sale", "ticker": "SOFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=originations-of-loans-held-for-sale&ticker=SOFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();