Financial Data and Key Metrics Changes - The company reported a record adjusted net revenue of $771 million, reflecting a 33% year-over-year growth, marking the highest growth rate in five quarters [6][31] - Adjusted EBITDA reached a record $210 million, up 46% year-over-year, with an EBITDA margin of 27% [9][31] - Net income was $71 million, representing a 9% margin, with earnings per share at $0.06 [9][32] - Tangible book value increased to $5.1 billion, a year-over-year increase of $946 million [10][50] Business Line Data and Key Metrics Changes - The lending segment saw adjusted net revenue grow 27% year-over-year to $412 million, driven by strong originations of $5.7 billion, up 30% from the prior year [7][39] - Financial services revenue doubled year-over-year to over $300 million, with contribution profit increasing fourfold to $148 million [33][34] - The tech platform segment generated net revenue of $103 million, up 10% year-over-year, with a contribution profit margin of 30% [37] Market Data and Key Metrics Changes - The company added a record 800,000 new members in Q1, achieving a total of 10.9 million members, a 34% year-over-year growth [5][6] - Total products increased by 1.2 million, representing a 35% year-over-year growth, reaching over 15.9 million products [6] - The company reported nearly $1.3 billion in annualized fee-based revenue, reflecting a deliberate diversification towards capital-light revenue streams [7] Company Strategy and Development Direction - The company is focused on accelerating product innovation and brand building, aiming to enhance its competitive advantage and drive durable growth [5][29] - The strategy includes expanding the loan platform business and increasing the mix of fee-based revenue, with a target of exceeding 50% in the future [61][64] - The company is also investing in new product launches and enhancing existing offerings to capture a larger market share [29][52] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth opportunities in the loan platform business, highlighting strong demand and partnerships that will drive future revenue [17][36] - The company anticipates continued strong performance in the tech platform segment, despite macroeconomic uncertainties [68][70] - The outlook for 2025 has been revised upward, expecting adjusted net revenue of $3.235 billion to $3.310 billion, reflecting a year-over-year growth of approximately 24% to 27% [50][51] Other Important Information - The company launched several marketing initiatives, including partnerships with sports and entertainment entities to enhance brand visibility [12][13] - The introduction of new products, such as personal loans and innovative refinancing solutions, aims to address member needs and improve financial outcomes [25][26] Q&A Session Summary Question: Potential Transition to a Fee-Based Business Model - Management indicated a shift towards a greater proportion of fee-based revenue, currently at 41%, with expectations to exceed 50% in the future [61][64] Question: Impact of Market Volatility on Tech Platform - Management confirmed no change in the long-term outlook for the tech platform business, with strong conviction in its importance for sustainable competitive advantage [68][70] Question: Strength of Capital Markets - Management noted that capital markets remain strong, with significant demand for personal and home loans, and no slowdown observed despite recent market volatility [75][77]

Executive Summary [Q1 2025 Performance Highlights](index=1&type=section&id=Q1%202025%20Performance%20Highlights) SoFi achieved record net revenue and adjusted EBITDA in Q1 2025, driven by product innovation and growth, prompting management to raise 2025 guidance Q1 2025 Key Financial Metrics | Metric | Q1 2025 | Q1 2024 | % Change | | :--------------------------------------- | :-------- | :-------- | :------- | | Total net revenue (GAAP) | $771.8 million | $645.0 million | 20% | | Net income (GAAP) | $71.1 million | $88.0 million | (19)% | | Diluted EPS (GAAP) | $0.06 | $0.02 | 200% | | Adjusted net revenue (Non-GAAP) | $770.7 million | $580.6 million | 33% | | Adjusted EBITDA (Non-GAAP) | $210.3 million | $144.4 million | 46% | | Adjusted diluted EPS (Non-GAAP) | $0.06 | $0.02 | 200% | - Management raised its **2025 guidance** due to strong Q1 momentum, accelerating innovation and increasing financial outlook[1](index=1&type=chunk)[2](index=2&type=chunk) [Key Product and Member Growth](index=1&type=section&id=Key%20Product%20and%20Member%20Growth) SoFi achieved record member and product growth in Q1 2025, adding 800,000 new members and 1.2 million new products, fueled by Financial Services revenue doubling Q1 2025 Member and Product Growth | Metric | Q1 2025 | Q1 2024 | % Change | | :-------------------------------- | :-------- | :-------- | :------- | | Total Members | 10.9 million | 8.1 million | 34% | | Total Products | 15.9 million | 11.8 million | 35% | | New Members Added (Q1) | 800,000 | N/A | 34% | | New Products Added (Q1) | 1.2 million | N/A | 35% | - Financial Services revenue doubled, reaching **$303 million**, fueled by SoFi Money adoption, Loan Platform Business expansion, and SoFi Invest innovations[4](index=4&type=chunk) - The Loan Platform Business expanded with over **$8 billion** in new commitments and originated **$1.6 billion** in loans for third parties in Q1[10](index=10&type=chunk) Consolidated Financial Results [Overall Financial Performance](index=3&type=section&id=Overall%20Financial%20Performance) SoFi achieved its sixth consecutive quarter of GAAP profitability with **$71.1 million** net income, **$0.06** diluted EPS, and strong adjusted revenue and EBITDA growth Q1 2025 Overall Financial Performance Metrics | Metric | Q1 2025 | Q1 2024 | % Change | | :-------------------------------- | :-------- | :-------- | :------- | | GAAP Net Revenue | $771.8 million | $645.0 million | 20% | | Adjusted Net Revenue | $770.7 million | $580.6 million | 33% | | GAAP Net Income | $71.1 million | $88.0 million | (19)% | | Diluted EPS | $0.06 | $0.02 | 200% | | Adjusted EBITDA | $210.3 million | $144.4 million | 46% | | Adjusted EBITDA Margin | 27% | N/A | N/A | - Total fee-based revenue reached a record **$315.4 million**, a **67% year-over-year increase**, driven by strong performance from the Loan Platform Business and various fee revenues[6](index=6&type=chunk) [Net Interest Income and Margin](index=3&type=section&id=Net%20Interest%20Income%20and%20Margin) Net interest income increased **24%** year-over-year to **$498.7 million**, driven by higher interest-earning assets and lower cost of funds, improving net interest margin to **6.01%** Q1 2025 Net Interest Income and Margin Analysis | Metric | Q1 2025 | Q1 2024 | % Change | | :---------------------- | :-------- | :-------- | :------- | | Net Interest Income | $498.7 million | N/A | 24% | | Average Interest-Earning Assets | N/A | N/A | 23% | | Cost of Funds | N/A | N/A | (82 bps) | | Average Asset Yields | N/A | N/A | (55 bps) | - Net interest margin increased **10 basis points** sequentially to **6.01%**, mainly due to lower cost of funds, resulting in approximately **$515 million** in annual interest expense savings compared to warehouse facilities[11](index=11&type=chunk) [Equity and Book Value](index=3&type=section&id=Equity%20and%20Book%20Value) SoFi's equity grew by **$153.4 million** to **$6.7 billion**, with book value per share at **$6.05**, and tangible book value increased to **$5.1 billion** Q1 2025 Equity and Book Value Metrics | Metric | Q1 2025 | Q1 2024 | Change | | :-------------------------- | :-------- | :-------- | :------- | | Total Equity | $6.7 billion | N/A | +$153.4 million | | Book Value per Share | $6.05 | N/A | N/A | | Tangible Book Value | $5.1 billion | N/A | +$167.1 million | | Tangible Book Value per Share | $4.58 | $3.90 | +$0.68 | Segment Performance [Financial Services Segment](index=5&type=section&id=Financial%20Services%20Segment) The Financial Services segment more than doubled net revenue to **$303.1 million**, with contribution profit surging **299%** to **$148.3 million** and margin expanding to **49%** Q1 2025 Financial Services Segment Performance | Metric | Q1 2025 | Q1 2024 | % Change | | :-------------------------------- | :-------- | :-------- | :------- | | Net Revenue | $303.1 million | $150.6 million | 101% | | Net Interest Income | $173.2 million | $119.7 million | 45% | | Noninterest Income | $129.9 million | $30.8 million | 321% | | Contribution Profit | $148.3 million | $37.2 million | 299% | | Contribution Margin | 49% | 25% | +24 ppts | - The Loan Platform Business contributed **$96.1 million** to consolidated adjusted net revenue, with **$92.8 million** from personal loan originations for third parties and referrals[19](index=19&type=chunk) - Interchange fee revenue grew **90%** year-over-year, reflecting nearly **$16 billion** in total annualized spend across Money and Credit Card products[20](index=20&type=chunk) [Financial Services Product Growth](index=5&type=section&id=Financial%20Services%20Product%20Growth) Total Financial Services products increased **36%** year-over-year to **13.8 million**, driven by strong demand for SoFi Money, Relay, and Invest products Financial Services Product Growth by Type | Product | March 31, 2025 | March 31, 2024 | % Change | | :-------------------------- | :------------- | :------------- | :------- | | Total Financial Services Products | 13,785,592 | 10,124,973 | 36% | | SoFi Money | 5,477,472 | 3,880,021 | 41% | | SoFi Invest | 2,684,658 | 2,224,705 | 21% | | SoFi Credit Card | 306,106 | 254,617 | 20% | | Referred loans | 102,986 | 59,555 | 73% | | Relay | 5,094,484 | 3,613,686 | 41% | | At Work | 119,886 | 92,389 | 30% | - Annualized revenue per Financial Services product improved by **48%** year-over-year to **$88**[23](index=23&type=chunk) - Total deposits grew to **$27.3 billion**, with over **90%** of SoFi Money deposits coming from direct deposit members[24](index=24&type=chunk) [Technology Platform Segment](index=6&type=section&id=Technology%20Platform%20Segment) The Technology Platform segment reported **$103.4 million** net revenue, a **10%** increase, with **$30.9 million** contribution profit and **30%** margin, diversifying its client base Q1 2025 Technology Platform Segment Performance | Metric | Q1 2025 | Q1 2024 | % Change | | :-------------------------------- | :-------- | :-------- | :------- | | Net Revenue | $103.4 million | $94.4 million | 10% | | Net Interest Income | $0.4 million | $0.5 million | (18)% | | Noninterest Income | $103.0 million | $93.9 million | 10% | | Contribution Profit | $30.9 million | $30.7 million | 1% | | Contribution Margin | 30% | 33% | -3 ppts | - SoFi launched a co-branded debit card program with Wyndham Hotels & Resorts and signed a deal with Mercantil Banco for its Cyberbank Digital banking platform, indicating client diversification[28](index=28&type=chunk) [Technology Platform Account Growth](index=6&type=section&id=Technology%20Platform%20Account%20Growth) Technology Platform enabled client accounts increased by **5%** year-over-year, reaching **158.4 million** Technology Platform Total Accounts | Metric | March 31, 2025 | March 31, 2024 | % Change | | :---------------- | :------------- | :------------- | :------- | | Total Accounts | 158,432,347 | 151,049,375 | 5% | [Lending Segment](index=6&type=section&id=Lending%20Segment) The Lending segment saw GAAP net revenue increase **25%** to **$413.4 million**, with contribution profit growing **15%** to **$238.9 million** and maintaining a **58%** adjusted margin Q1 2025 Lending Segment Performance | Metric | Q1 2025 | Q1 2024 | % Change | | :-------------------------------- | :-------- | :-------- | :------- | | GAAP Net Revenue | $413.4 million | $330.5 million | 25% | | Adjusted Net Revenue | $412.3 million | $325.3 million | 27% | | Net Interest Income | $360.6 million | $266.5 million | 35% | | Noninterest Income | $52.8 million | $63.9 million | (17)% | | Contribution Profit | $238.9 million | $207.7 million | 15% | | Adjusted Contribution Margin | 58% | 64% | -6 ppts | [Loan Originations and Capital Markets](index=10&type=section&id=Loan%20Originations%20and%20Capital%20Markets) Record origination volume of **$7.2 billion** in Q1 2025, up **66%** year-over-year, driven by strong demand across all loan types, supported by robust capital markets activity Q1 2025 Loan Origination Volume | Loan Type | Q1 2025 Originations | Q1 2024 Originations | % Change | | :---------------- | :------------------- | :------------------- | :------- | | Total Origination Volume | $7.2 billion | $4.4 billion | 66% | | Personal Loans | $5.5 billion | $3.3 billion | 69% | | Student Loans | $1.2 billion | $0.8 billion | 59% | | Home Loans | $518 million | $336 million | 54% | - SoFi sold or transferred over **$3.1 billion** in personal and home loans, including **$1.1 billion** in whole loan sales for personal loans and **$322 million** for home loans[43](index=43&type=chunk) - A **$698 million** co-contributor securitization of Loan Platform Business collateral was executed, marking the first SCLP securitization of new collateral since 2021[44](index=44&type=chunk) [Credit Performance](index=3&type=section&id=Credit%20Performance) Credit performance strengthened in Q1, with decreased annualized charge-off rates for personal and student loans, and a fourth consecutive quarterly decrease in personal loan 90-day delinquency Q1 2025 Credit Performance Metrics | Metric | Q1 2025 | Q4 2024 | Change | | :-------------------------------- | :-------- | :-------- | :------- | | Personal Loan Annualized Charge-off Rate | 3.31% | 3.37% | (0.06 ppts) | | Student Loan Annualized Charge-off Rate | 0.47% | 0.62% | (0.15 ppts) | | Personal Loan 90-day Delinquency Rate | 46 bps | 55 bps | (9 bps) | | Student Loan 90-day Delinquency Rate | 13 bps | 13 bps | 0 bps | - The company maintains confidence in achieving life-of-loan loss rates below its **8%** tolerance for personal loans, supported by recent vintage performance[47](index=47&type=chunk)[48](index=48&type=chunk)[49](index=49&type=chunk) [Loan Portfolio and Fair Value](index=8&type=section&id=Loan%20Portfolio%20and%20Fair%20Value) The total fair value of loans increased to **$27.8 billion** as of March 31, 2025, influenced by higher unpaid principal balances and lower weighted average discount rates Loan Portfolio Fair Value | Loan Type | March 31, 2025 (Fair Value) | December 31, 2024 (Fair Value) | | :---------------- | :-------------------------- | :----------------------------- | | Personal Loans | $17.9 billion | $17.5 billion | | Student Loans | $9.6 billion | $8.6 billion | | Home Loans | $356.8 million | $152.5 million | | Total Fair Value of Loans | $27.8 billion | $26.3 billion | Key Fair Value Inputs for Loans | Input (Personal Loans) | March 31, 2025 | December 31, 2024 | | :----------------------- | :------------- | :---------------- | | Weighted average coupon rate | 13.30% | 13.44% | | Weighted average annual default rate | 4.37% | 4.55% | | Weighted average conditional prepayment rate | 26.53% | 26.01% | | Weighted average discount rate | 4.87% | 5.29% | | Benchmark rate | 3.74% | 4.08% | | Input (Student Loans) | March 31, 2025 | December 31, 2024 | | :---------------------- | :------------- | :---------------- | | Weighted average coupon rate | 6.01% | 5.91% | | Weighted average annual default rate | 0.67% | 0.73% | | Weighted average conditional prepayment rate | 10.93% | 10.95% | | Weighted average discount rate | 4.22% | 4.40% | | Benchmark rate | 3.66% | 4.04% | Member and Product Growth Overview [Total Member and Product Growth](index=4&type=section&id=Total%20Member%20and%20Product%20Growth) SoFi continued robust growth in its member base and product adoption, adding a record **800,000** new members and **1.2 million** new products in Q1 2025, reflecting successful innovation Total Member and Product Growth Metrics | Metric | March 31, 2025 | March 31, 2024 | % Change | | :-------------------------------- | :------------- | :------------- | :------- | | Total Members | 10,915,811 | 8,131,720 | 34% | | Total Products | 15,915,425 | 11,830,128 | 35% | | Lending Segment Products | 2,129,833 | 1,705,155 | 25% | | Financial Services Segment Products | 13,785,592 | 10,124,973 | 36% | | Technology Platform Total Accounts | 158,432,347 | 151,049,375 | 5% | [Product Definitions](index=27&type=section&id=Product%20Definitions) SoFi defines 'members' as individuals with a lending relationship, financial services account, or credit score monitoring, and 'total products' aggregates lending and financial services products - A 'member' is defined as someone with a lending relationship, a financial services account, a linked external account, or who uses the credit score monitoring service[112](index=112&type=chunk) - 'Total products' includes personal, student, and home loans (Lending segment) and SoFi Money, Invest, Credit Card, referred loans, At Work, and Relay accounts (Financial Services segment); multiple products of the same type count as one, but different types count separately[116](index=116&type=chunk)[117](index=117&type=chunk)[118](index=118&type=chunk)[119](index=119&type=chunk) - 'Technology Platform total accounts' refers to open accounts on Galileo, including intercompany accounts, which are key indicators for the segment's revenue model[120](index=120&type=chunk) Guidance and Outlook [Full Year 2025 Guidance](index=11&type=section&id=Full%20Year%202025%20Guidance) SoFi management raised its full-year 2025 guidance, expecting higher adjusted net revenue, adjusted EBITDA, GAAP net income, and GAAP EPS, alongside significant growth in tangible book value and new members Full Year 2025 Financial Guidance | Metric | New 2025 Guidance | Prior 2025 Guidance | Change | | :-------------------------------- | :------------------ | :------------------ | :------- | | Adjusted Net Revenue | $3.235 - $3.310 billion | $3.200 - $3.275 billion | +$35 million | | Annual Growth Rate | 24% - 27% | 23% - 26% | +1 ppts | | Adjusted EBITDA | $875 - $895 million | $845 - $865 million | +$30 million | | GAAP Net Income | $320 - $330 million | $285 - $305 million | +$35 million | | GAAP EPS | $0.27 - $0.28 | $0.25 - $0.27 | +$0.01 | | Tangible Book Value Growth | ~$585 - $600 million | N/A | N/A | | New Members Added | At least 2.8 million | N/A | 28% growth | [Q2 2025 Guidance](index=11&type=section&id=Q2%202025%20Guidance) For Q2 2025, management anticipates adjusted net revenue between **$785 million** and **$805 million**, adjusted EBITDA of **$200 million** to **$210 million**, GAAP net income of **$60 million** to **$70 million**, and GAAP EPS of **$0.05** to **$0.06** Q2 2025 Financial Guidance | Metric | Q2 2025 Guidance | | :---------------------- | :--------------- | | Adjusted Net Revenue | $785 - $805 million | | Adjusted EBITDA | $200 - $210 million | | GAAP Net Income | $60 - $70 million | | GAAP EPS | $0.05 - $0.06 | Financial Tables and Non-GAAP Reconciliations [Consolidated Statements of Operations and Comprehensive Income](index=17&type=section&id=Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Income) The condensed consolidated statements of operations detail SoFi's revenues, expenses, and net income for Q1 2025 and 2024, highlighting interest income, noninterest income, and operating expenses Consolidated Statements of Operations | Metric | Q1 2025 | Q1 2024 | | :--------------------------------------- | :-------- | :-------- | | Total interest income | $763.8 million | $665.9 million | | Total interest expense | $265.1 million | $263.2 million | | Net interest income | $498.7 million | $402.7 million | | Total noninterest income | $273.0 million | $242.3 million | | Total net revenue | $771.8 million | $645.0 million | | Provision for credit losses | $5.7 million | $7.2 million | | Total noninterest expense | $686.3 million | $543.6 million | | Net income | $71.1 million | $88.0 million | | Diluted EPS | $0.06 | $0.02 | [Reconciliation of GAAP to Non-GAAP Financial Measures](index=18&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Financial%20Measures) This section provides detailed reconciliations of non-GAAP financial measures, including Adjusted Net Revenue, Adjusted EBITDA, and Tangible Book Value, to their most comparable GAAP measures - Adjusted Net Revenue excludes fair value changes in servicing rights and residual interests classified as debt, and gains/losses on extinguishment of debt, as these are non-cash and not indicative of core operations[70](index=70&type=chunk) - Adjusted EBITDA excludes corporate borrowing-based interest expense, income tax, depreciation, share-based expense, restructuring charges, foreign currency impacts, fair value changes, and gain on extinguishment of debt to provide a clearer view of operating performance[86](index=86&type=chunk) - Tangible Book Value is permanent equity adjusted for goodwill, intangible assets, and related deferred tax liabilities, used to assess capital adequacy[97](index=97&type=chunk) [Consolidated Balance Sheets](index=25&type=section&id=Consolidated%20Balance%20Sheets) The consolidated balance sheets present SoFi's financial position as of March 31, 2025, and December 31, 2024, detailing assets, liabilities, and permanent equity, with increases in total assets and deposits Consolidated Balance Sheet Highlights | Metric | March 31, 2025 | December 31, 2024 | | :--------------------------------------- | :------------- | :---------------- | | Total assets | $37.7 billion | $36.3 billion | | Loans held for sale, at fair value | $18.2 billion | $17.7 billion | | Loans held for investment, at fair value | $9.6 billion | $8.6 billion | | Total deposits | $27.3 billion | $26.0 billion | | Total liabilities | $31.1 billion | $29.7 billion | | Total permanent equity | $6.7 billion | $6.5 billion | [Average Balances and Net Interest Earnings Analysis](index=26&type=section&id=Average%20Balances%20and%20Net%20Interest%20Earnings%20Analysis) This analysis provides average balances, interest income/expense, and yield/rate for interest-earning assets and interest-bearing liabilities for Q1 2025 and Q1 2024, illustrating net interest income and margin Average Balances and Net Interest Earnings | Metric | Q1 2025 | Q1 2024 | | :-------------------------------- | :-------- | :-------- | | Average Interest-Earning Assets | $33.6 billion | $27.4 billion | | Average Loans | $28.9 billion | $23.5 billion | | Average Interest-Bearing Liabilities | $30.0 billion | $24.1 billion | | Average Total Deposits | $26.2 billion | $19.8 billion | | Net Interest Income | $498.7 million | $402.7 million | | Net Interest Margin | 6.01% | 5.91% | [Segment Financials](index=30&type=section&id=Segment%20Financials) This table provides a quarterly breakdown of net interest income, total noninterest income, total net revenue, adjusted net revenue, and contribution profit for each of SoFi's segments Q1 2025 Segment Financial Performance | Segment (Q1 2025) | Net Interest Income | Total Noninterest Income | Total Net Revenue | Adjusted Net Revenue | Contribution Profit | | :-------------------------------- | :------------------ | :----------------------- | :---------------- | :------------------- | :------------------ | | Lending | $360.6 million | $52.8 million | $413.4 million | $412.3 million | $238.9 million | | Technology Platform | $0.4 million | $103.0 million | $103.4 million | N/A | $30.9 million | | Financial Services | $173.2 million | $129.9 million | $303.1 million | N/A | $148.3 million | | Consolidated | $498.7 million | $273.0 million | $771.8 million | $770.7 million | N/A | [Disaggregated Revenue](index=31&type=section&id=Disaggregated%20Revenue) This table disaggregates SoFi's revenue into categories from contracts with customers (Financial Services and Technology Platform) and other sources, providing a detailed view of income streams Q1 2025 Disaggregated Revenue Sources | Revenue Source | Q1 2025 | Q1 2024 | | :--------------------------------------- | :-------- | :-------- | | **Revenue from contracts with customers:** | | | | Financial Services | $53.8 million | $29.7 million | | Technology Platform | $86.6 million | $85.9 million | | Total revenue from contracts with customers | $140.4 million | $115.6 million | | **Other sources of revenue:** | | | | Loan origination, sales, and securitizations | $48.4 million | $57.0 million | | Servicing | $4.4 million | $7.0 million | | Loan platform business, other | $73.1 million | $0.0 million | | Other | $6.8 million | $62.7 million | | Total other sources of revenue | $132.7 million | $126.7 million | | Total noninterest income | $273.0 million | $242.3 million | [Analysis of Charge-Offs](index=32&type=section&id=Analysis%20of%20Charge-Offs) This table provides an analysis of net charge-offs and charge-off ratios across different loan types for Q1 2025 and Q1 2024, indicating improved credit performance for personal and student loans Q1 2025 Net Charge-Offs and Ratios | Loan Type | Q1 2025 Net Charge-offs | Q1 2025 Ratio | Q1 2024 Net Charge-offs | Q1 2024 Ratio | | :-------------------------- | :---------------------- | :------------ | :---------------------- | :------------ | | Personal loans | $150.1 million | 3.31% | $134.4 million | 3.45% | | Student loans | $10.6 million | 0.47% | $10.4 million | 0.60% | | Home loans | — | —% | — | —% | | Secured loans | — | —% | — | —% | | Credit card | $8.0 million | 10.89% | $10.5 million | 15.73% | | Commercial and consumer banking | $3 thousand | 0.01% | $18 thousand | 0.06% | | Total loans | $168.7 million | 2.37% | $155.4 million | 2.65% | [Regulatory Capital](index=33&type=section&id=Regulatory%20Capital) SoFi Technologies' regulatory capital ratios as of March 31, 2025, demonstrate strong capital adequacy, with all ratios comfortably exceeding required minimums Regulatory Capital Ratios as of March 31, 2025 | Metric | March 31, 2025 Amount | March 31, 2025 Ratio | Required Minimum | | :---------------------- | :-------------------- | :------------------- | :--------------- | | CET1 risk-based capital | $4.6 billion | 15.3% | 7.0% | | Tier 1 risk-based capital | $4.6 billion | 15.3% | 8.5% | | Total risk-based capital | $4.6 billion | 15.5% | 10.5% | | Tier 1 leverage | $4.6 billion | 13.0% | 4.0% | Additional Information [Earnings Webcast](index=13&type=section&id=Earnings%20Webcast) SoFi's executive management team hosted a live audio webcast to discuss Q1 2025 financial results and business highlights, with a replay available on the investor relations website - A live audio webcast was held on April 29, 2025, at 8:00 a.m. Eastern Time to discuss Q1 results, with a replay available on https://investors.sofi.com[57](index=57&type=chunk) [Cautionary Statement Regarding Forward-Looking Statements](index=13&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Statements) This section advises readers that certain statements are forward-looking and subject to risks and uncertainties that could cause actual results to differ materially from projections - Forward-looking statements are not guarantees of performance and are subject to risks and uncertainties, including changing market conditions, regulatory impacts, and the ability to grow the business and manage operations effectively[58](index=58&type=chunk) - Readers are cautioned not to place undue reliance on forward-looking statements and to consider risk factors detailed in the company's Form 10-K filings[58](index=58&type=chunk)[59](index=59&type=chunk) [About SoFi](index=14&type=section&id=About%20SoFi) SoFi Technologies is a digital financial services company aiming to help members achieve financial independence by offering a one-stop app for borrowing, saving, spending, investing, and protecting money - SoFi is a member-centric, one-stop shop for digital financial services, serving over **10.9 million** members with products for borrowing, saving, spending, investing, and protecting money[62](index=62&type=chunk) - SoFi's Galileo technology platform enables fintechs, financial institutions, and brands to build and manage innovative financial solutions for **158.4 million** global accounts[62](index=62&type=chunk) [Availability of Other Information](index=14&type=section&id=Availability%20of%20Other%20Information) SoFi communicates material information to investors and the public through its website, investor relations website, and social media channels, including SEC filings, press releases, and webcasts - SoFi uses its website (https://www.sofi.com), investor relations website (https://investors.sofi.com), and social media (X and LinkedIn) to communicate with investors and the public[63](index=63&type=chunk) - Information posted on these channels, including investor presentations, SEC filings, and press releases, may be deemed material[63](index=63&type=chunk) [Contact Information](index=14&type=section&id=Contact%20Information) Contact details for SoFi's Investor Relations and Media Relations teams are provided for inquiries - Investors can contact SoFi Investor Relations at IR@sofi.com, and media inquiries can be directed to SoFi Media Relations at PR@sofi.com[64](index=64&type=chunk)

"We're going to re-enter the crypto business, which we had to exit," Noto said. "We'll re-enter the business of allowing our members to invest in cryptocurrency. We want to actually make a bigger, more comprehensive push into cryptocurrency [this time], to include really providing crypto or blockchain capabilities in each product area that we have." SoFi should be able to offer crypto investing by year-end, barring unforeseen circumstances, Noto said. SoFi CEO Anthony Noto said the fintech bank will bring b ...

Shares of SoFi Technologies (SOFI 4.67%) are up an impressive 70% in the past 12 months. However, they have been extremely volatile. As of April 25, they trade 28% below their 52-week high. Investors won't struggle to find reasons to like this digital banking powerhouse that's aiming to disrupt a massive industry. It's developing competitive strengths and still has a lot of growth potential.Here's why this fintech stock could be a no-brainer buy in April.SoFI is looking at a huge goal"It's a matter of when, ...

Group 1 - The account is managed by Noah's Arc Capital Management, focusing on 20th-century stocks undergoing transformation in the 21st century [1] - The research aims to identify innovations in business models that could lead to significant stock changes [1] Group 2 - The managing partner of Noah's Arc Capital Management is Noah Cox, whose views may not reflect the firm's overall stance [3] - The article is intended solely for informational purposes and does not constitute investment advice [3]

SoFi Technologies, Inc. (SOFI) will report its first-quarter 2024 results on April 29, before the bell.The Zacks Consensus Estimate for earnings in the to-be-reported quarter stands at 3 cents, indicating 50% growth from the year-ago reported quarter. The consensus estimate for revenues stands at $742.3 million, implying 27.9% year-over-year growth.There has been one upward revision in earnings estimates in the past 60 days against one downward revision.SOFI May Not Deliver Q1 Earnings BeatOur proven model ...

Core Insights - SoFi has demonstrated significant growth since going public, with its membership nearly tripling and bank deposits reaching nearly $26 billion since obtaining its banking charter in early 2022 [1] Group 1: Financial Performance - SoFi's third-party lending platform and Galileo technology platform have shown impressive growth, which is crucial for the company's overall performance [2] - The ratio of financial services products to loans in SoFi's ecosystem is a key metric for its success, indicating the company's strategy to create a "financial services productivity loop" [3] Group 2: Customer Acquisition and Market Strategy - The ratio of financial services products per lending product has increased from 3.8 in 2021 to a projected 6.3 in 2024, highlighting the company's focus on cross-selling opportunities [3] - A higher proportion of financial services customers allows SoFi to efficiently market loan products, positioning the company to capitalize on future loan opportunities as economic conditions improve [4]

Shares of SoFi Technologies, Inc. (SOFI) have declined 24% year to date compared with the industry’s 16% decline.<This sharp downturn raises the question: Does this present a compelling buy-the-dip opportunity, or should investors exercise caution? Let’s find out.SoFi’s Strong Business ModelSoFi’s land-and-expand strategy remains a core strength, provided it is effectively managed. The company has a strong track record of executing this ambitious growth approach. By offering a diverse range of financial ser ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The broad market S&P 500 index is down 10% this year and off 14% from its peak, but it has climbed a bit from the low point it touched after President Donald Trump's broad tariff announcement tanked Wall Street a few weeks ago. The word out of the White House keeps changing, and the markets keep reacting.It can be disconcerting for investors to see the value of their portfolios evaporate, but unless you need the funds you have invested immediately, market turbulence can sometimes be a blessing in disguise. ...