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The financial services segment has been outstanding, increasing 102% in the quarter, and management expects it to increase 80% for the full year. It also raised guidance across the board, and it ...
SoFi Technologies, Inc. (abbreviated as SoFi) is an American personal finance and financial technology company. [3] Founded in 2011 at Stanford University, [4] [5] it operates as a direct bank and supports other financial institutions through its technology platform. [6] [7] [8] As of 2024, SoFi reports 10.1 million customers and 168 million ...
A powerhouse fintech stock. SoFi is the quintessential fintech, or financial technology, stock. Its easy-to-use mobile app connects customers to a full array of financial services, from bank ...
SoFi's price-to-book ratio of 1.99 also makes it pricier than traditional banks like Bank of America and Wells Faro, which have ratios of 1.18 and 1.33, respectively. SoFi also increased its ...
See the 10 stocks » Following its solid results, is SoFi stock a good buy today? Let's dive into the business and what's next for SoFi to find out if it's right for you. SoFi had excellent ...
Is the stock a buy today? SoFi has a market capitalization of $14.6 billion. If you just looked at its trailing price-to-earnings ratio ( P/E ) of 135, you would think the stock is overvalued.
The stock pulled back slightly but was still up 9.3% as of 12:30 p.m. ET today. The $2 billion boost for SoFi stock Fortress Investment Group agreed to provide $2 billion in financing for the ...
Shares of online bank SoFi Technologies (NASDAQ: SOFI) soared 55% in 2024, according to data provided by S&P Global Market Intelligence. The company reported positive net income every quarter ...