SoFi Technologies Inc
NASDAQ:SOFI

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SoFi Technologies Inc
NASDAQ:SOFI
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Price: 16.11 USD 0.56%
Market Cap: 17.5B USD
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SoFi Technologies Inc
Change in Deffered Taxes

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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SoFi Technologies Inc
Change in Deffered Taxes Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Deffered Taxes CAGR 3Y CAGR 5Y CAGR 10Y
SoFi Technologies Inc
NASDAQ:SOFI
Change in Deffered Taxes
-$15.8m
CAGR 3-Years
47%
CAGR 5-Years
-71%
CAGR 10-Years
N/A
Synchrony Financial
NYSE:SYF
Change in Deffered Taxes
-$315m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-2%
Discover Financial Services
NYSE:DFS
Change in Deffered Taxes
-$72m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
American Express Co
NYSE:AXP
Change in Deffered Taxes
-$1B
CAGR 3-Years
-9%
CAGR 5-Years
N/A
CAGR 10-Years
-9%
Capital One Financial Corp
NYSE:COF
Change in Deffered Taxes
-$676m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Ally Financial Inc
NYSE:ALLY
Change in Deffered Taxes
-$155m
CAGR 3-Years
29%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

SoFi Technologies Inc
Glance View

Market Cap
17.5B USD
Industry
Financial Services
Economic Moat
None

SoFi Technologies Inc., born from the bustling innovation corridors of Silicon Valley, began its journey with a bold vision: to redefine the landscape of personal finance. Initially known for its student loan refinancing products, SoFi, short for Social Finance, has significantly broadened its scope. This digital-native company metamorphosed into a one-stop shop financial platform, offering an array of services from personal loans, home loans, and credit cards to investment opportunities and banking services. The platform leans heavily into technology, providing a seamless and often cost-effective alternative to traditional banking for its users, who are often the younger, tech-savvy demographics seeking convenience and low fees. The backbone of SoFi's profitability lies in its ability to capitalize on the cross-selling of its financial products within its ecosystem. By building a comprehensive platform that integrates services like loan refinancing, investment management, and mobile banking, SoFi captures a greater share of each customer's financial activities. This interconnectedness enhances user retention and customer lifetime value. Additionally, SoFi derives revenue from the interest rate spread on its loans and monetizes its service through fees on select financial products and membership privileges, blending a mixture of traditional and innovative revenue streams. The company’s integrated approach, driven by data and technology, ensures it stays at the forefront of financial innovation, continuously widening its moat against both traditional financial institutions and emerging fintech competitors.

SOFI Intrinsic Value
7.09 USD
Overvaluation 56%
Intrinsic Value
Price

See Also

What is SoFi Technologies Inc's Change in Deffered Taxes?
Change in Deffered Taxes
-15.8m USD

Based on the financial report for Dec 31, 2023, SoFi Technologies Inc's Change in Deffered Taxes amounts to -15.8m USD.

What is SoFi Technologies Inc's Change in Deffered Taxes growth rate?
Change in Deffered Taxes CAGR 5Y
-71%

Over the last year, the Change in Deffered Taxes growth was -352%. The average annual Change in Deffered Taxes growth rates for SoFi Technologies Inc have been 47% over the past three years , -71% over the past five years .

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