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SoFi grows revenue 43% with new products; Ally focuses on auto lending, beats EPS estimates.

Company Fundamentals
24 Jun 2026
24/7 Wall Street
View Source
Neutral
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SoFi Technologies reported a strong Q1 2026 with 43% revenue growth to $1.10 billion, driven by new products like a stablecoin and business banking, and record loan originations. Meanwhile, Ally Financial took a focused approach, selling off non-core units to concentrate on auto lending and direct banking, posting $2.10 billion revenue but beating EPS estimates at $1.11. SoFi aims to expand its digital platform despite a drop in technology segment revenue, while Ally benefits from steady auto loan growth and improved credit quality. Investors seeking growth might prefer SoFi's innovation, while those valuing income and stability may favor Ally's disciplined strategy and dividend.

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