SoFi Technologies (SoFi Technologies) Capital Adequacy Tier - Leverage Ratio % : 0.00% (As of Dec. 2023)

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What is SoFi Technologies Capital Adequacy Tier - Leverage Ratio %?

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. This ratio is a measure of a bank's financial health and suggests how leveraged a bank is based on its assets. A higher ratio indicates stronger financial footing.

The historical rank and industry rank for SoFi Technologies's Capital Adequacy Tier - Leverage Ratio % or its related term are showing as below:

SOFI's Capital Adequacy Tier - Leverage Ratio % is not ranked ^*
in the Credit Services industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Leverage Ratio % only.

SoFi Technologies Capital Adequacy Tier - Leverage Ratio % Historical Data

The historical data trend for SoFi Technologies's Capital Adequacy Tier - Leverage Ratio % 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 Capital Adequacy Tier - Leverage Ratio % Chart

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SoFi TechnologiesQuarterly Data

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Capital Adequacy Tier - Leverage Ratio %

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Competitive Comparison of SoFi Technologies's Capital Adequacy Tier - Leverage Ratio %

For the Credit Services subindustry, SoFi Technologies's Capital Adequacy Tier - Leverage Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Leverage Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SoFi Technologies (NAS:SOFI) Capital Adequacy Tier - Leverage Ratio % Calculation

Capital Adequacy Tier - Leverage Ratio % is calculated as

Capital Adequacy Tier - Leverage Ratio %

Capital

Total Assets

SoFi Technologies (NAS:SOFI) Capital Adequacy Tier - Leverage Ratio % Explanation

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. In this situation, total assets means a bank's total exposures, which include its consolidated assets, derivative exposure and certain off-balance sheet exposures.

The leverage ratio is used by regulators to ensure the capital adequacy of banks and to limit the degree to which banks can leverage its capital base. The higher the leverage ratio is, the more likely a bank can withstand negative shocks to its balance sheet.

SoFi Technologies Capital Adequacy Tier - Leverage Ratio % Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Capital Adequacy Tier - Leverage Ratio %

Comparable Companies

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