SoFi Technologies Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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.
Sep 30, 2024 · Filed Nov 7, 2024
SOFI$16.37-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Results of Operations
The following table sets forth selected consolidated statements of income data:
| Three Months EndedSeptember 30, · 2024 vs 2023 · Nine Months EndedSeptember 30, · 2024 vs 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| ($ in thousands) | 2024 | 2023 | $ Change | % Change | 2024 | 2023 | $ Change | % Change |
| Net interest income | $431,010 | $344,963 | $86,047 | 25% | $1,246,312 | $872,099 | $374,213 | 43% |
| Total noninterest income | 266,111 | 192,246 | 73,865 | 38% | 694,422 | 635,286 | 59,136 | 9% |
| Total net revenue | 697,121 | 537,209 | 159,912 | 30% | 1,940,734 | 1,507,385 | 433,349 | 29% |
| Total noninterest expense | 633,266 | 804,137 | (170,871) | (21)% | 1,767,313 | 1,859,701 | (92,388) | (5)% |
| Income (loss) before income taxes | 63,855 | (266,928) | 330,783 | n/m | 173,421 | (352,316) | 525,737 | n/m |
| Income tax (expense) benefit | (3,110) | 244 | (3,354) | n/m | (7,229) | 3,661 | (10,890) | n/m |
| Net income (loss) | $60,745 | $(266,684) | $327,429 | n/m | $166,192 | $(348,655) | $514,847 | n/m |
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