SoFi Technologies Inc Ordinary Shares
SOFI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.<R | LOCK|%sf# | LOCK|Sp$NB$^ |
SoFi Earnings: Blowout Results on Accelerated Loan Growth and Net Interest Margin Expansion
SoFi reported strong third-quarter earnings as a sharp increase in net interest income drove better-than-expected results. Net revenue increased 44% from last year to $1.38 billion, while diluted EPS rose to $0.18 from $0.14. These results translate to a return on equity of 9.9%.
