SoFi Technologies Inc Ordinary Shares
SOFI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.> | LOCK|>p&j | LOCK|#>bGrGR |
SoFi Earnings: Strong Bottom-Line Results on Net Interest Income and Loan Platform Growth
SoFi Technologies maintained its strong momentum in the fourth quarter. Net revenue increased 19% from a year ago to $734.1 million, with the loan platform business a major contributor. The firm controlled costs well, which led to a 148% increase in net income to $61 million as it gained scale.
