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SoFi Technologies (SoFi Technologies) Other Assets for Banks : $687 Mil (As of Mar. 2024)


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What is SoFi Technologies Other Assets for Banks?

SoFi Technologies's quarterly other assets (bank) declined from Sep. 2023 ($527 Mil) to Dec. 2023 ($301 Mil) but then increased from Dec. 2023 ($301 Mil) to Mar. 2024 ($687 Mil).

SoFi Technologies's annual other assets (bank) increased from Dec. 2021 ($105 Mil) to Dec. 2022 ($262 Mil) and increased from Dec. 2022 ($262 Mil) to Dec. 2023 ($301 Mil).

SoFi Technologies Other Assets for Banks Historical Data

The historical data trend for SoFi Technologies's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SoFi Technologies Other Assets for Banks Chart

SoFi Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Assets for Banks
Get a 7-Day Free Trial 145.65 243.61 105.46 261.63 300.96

SoFi Technologies Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Assets for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 465.47 466.56 526.54 300.96 686.72

SoFi Technologies Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

SoFi Technologies (SoFi Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Other Assets for Banks
Comparable Companies
ALLY OBDC CACC FCFS OMF WU NNI SLM SYF QFIN V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
SOFI:Mexico 6B0:Germany 6B0:Germany
Address
234 1st Street, San Francisco, CA, USA, 94105
Website
https://www.sofi.com
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Executives
Jeremy Rishel officer: Chief Technology Officer 234 1ST STREET, SAN FRANCISCO CA 94105
Anthony Noto director, officer: Chief Executive Officer C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Christopher Lapointe officer: Chief Financial Officer 234 1ST ST, SAN FRANCISCO CA 94105
Webb Lauren Stafford officer: Chief Marketing Officer 234 1ST ST, SAN FRANCISCO CA 94105
Aaron Webster officer: Chief Risk Officer 234 1ST ST, SAN FRANCISCO CA 94105
Chad M Borton officer: President - SoFi Bank 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Hele John C.r. director WESSEX HOUSE, 4TH FLOOR, 45 REID STREET, HAMILTON D0 HM 12
Robert S Lavet officer: General Counsel and Secretary 12061 BLUEMONT WAY, RESTON VA 20190
Softbank Group Corp director, 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Michelle Gill officer: EVP & Group Business Leader 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Harvey M Schwartz director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Micah Heavener officer: Head of Operations 234 1ST ST, SAN FRANCISCO CA 94105
George Thompson Hutton director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Investment Authority Qatar director P.O. BOX 23224, DOHA S3 QATAR
Thomas Clayton Wilkes director, officer: CEO - Galileo 234 1ST ST, SAN FRANCISCO CA 94015