$SoFi Technologies Inc.(SOFI)$

the fdic special assessment is not about a minimum # and a percentage multiplier against that number. it is the government so of course it is much more complex than that. the top banks and the twenty or so super regionals will pay 95 percent of the cost.

the payment period extends for eight quarters subject to fdic oversight and can be lengthened or shortened. sofi's assessment (first quarter 2024) if any will be negligible and would most likely be backed out when calculating EPS.

"The special assessment will be collected beginning with the first quarterly assessment period of 2024 (i.e., January 1 through March 31, 2024) with an invoice payment date of June 28, 2024"

pretty clear.

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