SoFi Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
SOFI$16.37-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Results of Operations
The following table sets forth selected consolidated statements of income data:
| Three Months EndedJune 30, · 2024 vs 2023 · Six Months EndedJune 30, · 2024 vs 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| ($ in thousands) | 2024 | 2023 | $ Change | % Change | 2024 | 2023 | $ Change | % Change |
| Net interest income | $412,584 | $291,126 | $121,458 | 42% | $815,302 | $527,136 | $288,166 | 55% |
| Total noninterest income | 186,034 | 206,892 | (20,858) | (10)% | 428,311 | 443,040 | (14,729) | (3)% |
| Total net revenue | 598,618 | 498,018 | 100,600 | 20% | 1,243,613 | 970,176 | 273,437 | 28% |
| Total noninterest expense | 583,278 | 547,347 | 35,931 | 7% | 1,134,047 | 1,055,564 | 78,483 | 7% |
| Income (loss) before income taxes | 15,340 | (49,329) | 64,669 | n/m | 109,566 | (85,388) | 194,954 | n/m |
| Income tax (expense) benefit | 2,064 | 1,780 | 284 | 16% | (4,119) | 3,417 | (7,536) | n/m |
| Net income (loss) | $17,404 | $(47,549) | $64,953 | n/m | $105,447 | $(81,971) | $187,418 | n/m |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.