SOFI: Earnings First Impressions
$SoFi Technologies Inc.(SOFI)$ earnings first impressions:
1) Blockbuster quarter from every angle. Revenue growth accelerated from 34% a year ago to 38%, adding record mumber of users and products.
2) It’s becoming increasingly capital-light business. Fee based revenue share has reached 43%, which was just 37% in 2024. This will drive significant margin expansion going forward.
3) Lending is up around 10% Q/Q and 23% YoY. This segment is still under its potential and I think it’ll accelerate with rate cuts. Lot of room for growth here.
4) Personal loan charge-off rates declined by 92 bps, signaling consumer strength and conservative underwriting.
5) It’s now funding 92% of all loans and financial products using its deposit base. As its cost of capital declines, net interest margin will further expand.
Overall, SOFI is executing flawlessly and the business is well positioned to thrive in the future.
The stock is probably a bit ahead of itself but I wouldn’t recommend anybody to sell.
Don’t trade SOFI, own it.
Bar charts displaying SoFi adjusted revenue in millions from 2021 to 2025 with stacked bars showing quarterly growth percentages up to 38 percent year-over-year another chart for adjusted EBITDA in millions from 2021 to 2025 with growth up to 104 percent and a third chart for adjusted net income in millions from 2021 to 2025 showing progression from negative to positive values with 96 percent growth the title Durable Growth built to provide strong growth through different environments SoFi logo at top
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
