From Seekingalpha · Krzysztof Bogdanski · · 50s
SoFi Q3 Results Boosted by Strong Margins
SoFi's Q3 results beat expectations with 44% revenue growth and 6.14% net interest margin expansion.
In brief
SoFi's Q3 results beat expectations with 44% revenue growth and 6.14% net interest margin expansion. SoFi Technologies raised 2027 guidance to $6.4 billion with 40%-59% upside potential from current prices. Originally reported by Seekingalpha.
Q3 Results Exceed Expectations
SoFi Technologies reported Q3 results that exceeded expectations with 44% adjusted net revenue growth and $0.18 EPS.
2027 Guidance Raised
Management introduced 2027 guidance of $6.4 billion with 40%-59% upside potential from current prices.
Net Interest Margin Expanded
SoFi's net interest margin expanded to 6.14%, capital remains strong at 17.0%, and hedging offsets most negative loan marks.
Key Risks Identified
Key risks include deposit cost repricing, loan platform fee pressure, and high marketing spend; 2027 guidance requires sustained execution.
The big picture
SoFi Technologies raised 2027 guidance to $6.4 billion with 40%-59% upside potential from current prices.
