SoFi Posts 3Q EPS of 18 Cents
SOFI is trading near its 52-week low of $13.86 (6.7% above the low).
Summary
SoFi reported third-quarter earnings per share of 18 cents, its first quarterly print since record Q2 results in late July that included $1.2 billion in adjusted net revenue and $358 million in adjusted EBITDA. The quarter brought revenue of $1.39 billion, with total fee-based revenue of $570.6 million and net interest income of $929.5 million, while total loan originations reached $16.9 billion. The company raised its 2026 adjusted net revenue guidance to about $5.04 billion and now sees 2026 adjusted EBITDA of about $1.66 billion. The EPS figure is the headline number traders will anchor on. The stock trades near $14.78 with a market cap around $18.7 billion, so a single quarter's EPS carries real weight for a lender still being valued on growth.
At the time of this announcement, SOFI was trading at $14.78 on NASDAQ in the Finance sector, with a market capitalization of approximately $18.7B. The 52-week trading range was $13.86 to $32.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.