SoFi Technologies achieved its tenth consecutive GAAP-profitable quarter, reporting record sales of $1.1 billion and 41% year-over-year growth. Despite this strong performance, the company's shares remain under pressure due to macroeconomic concerns. Key metrics to watch include tangible book value and net interest margin, which stood at 5.94%, as SoFi recognizes loan profits upfront. The firm has also seen deposit growth double over two years and reduced reliance on market debt, supporting its funding base and justifying recent share dilution. Insider buying and the current macro environment provide some support, but investors should remain cautious of cyclical risks and monitor developments closely.
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...
Three high-yield savings accounts—SoFi, Synchrony Bank, and Barclays—stand out for offering strong APYs without minimum balance requirements. SoFi offers up to 3.80% APY with perks like early paycheck access and bonuses up to $400, ideal for those wi...
