SoFi Technologies reported a strong 41% year-over-year increase in adjusted net revenue and set record metrics for Q1, driven by a 68% rise in lending originations to $12.2 billion and solid credit performance. Despite these gains, the stock declined due to flat earnings per share and unchanged guidance for 2026. The company is expanding new revenue streams through its Business Banking, SoFi Plus, and cross-buy strategies, positioning itself as a broad financial platform. Long-term optimism remains if SoFi successfully executes its Banking-as-a-Service and Business Banking plans, with a potential share price target of $25–$28 by 2028.
SoFi Technologies has declined about 30% year-to-date after two disappointing earnings reports in 2026, underperforming both the fintech sector and the broader market. Investors are looking to the Q2 earnings announcement on July 29 for signs of reco...
With the Federal Reserve expected to keep interest rates steady, high-yield savings accounts are offering attractive returns up to 4.50% APY in mid-2026. Online banks continue to compete aggressively, keeping rates well above the national average of ...
In 2026, high-yield savings accounts (HYSAs) are offering attractive interest rates up to 4.50% APY, far above the national average of around 0.38%. Despite recent Federal Reserve rate cuts and holds, many online banks maintain competitive rates to a...
