Is SoFi the Smartest Investment You Can Make Today?
To call SoFi's (NASDAQ: SOFI) growth impressive would be an understatement, and that's especially true as the company sustains its growth as it scales.In the first quarter of 2025, SoFi reported about 10.9 million members, up 34% year over year and up by about 800,000 during the first three months of the year alone. These members have nearly 16 million products between them, and SoFi's revenue grew by 33% year-over-year in the quarter, an acceleration over its 2024 growth rate.Not only does SoFi continue to grow at a rapid pace, but the company is profitable. It achieved its first full year of positive earnings per share in 2024 and is expecting earnings to nearly double in 2025 and for adjusted EBITDA to grow by 27% year over year. This is a rare combination of momentum and profitability, especially for a bank stock.Continue reading
To call SoFi's (NASDAQ: SOFI) growth impressive would be an understatement, and that's especially true as the company sustains its growth as it scales.
In the first quarter of 2025, SoFi reported about 10.9 million members, up 34% year over year and up by about 800,000 during the first three months of the year alone. These members have nearly 16 million products between them, and SoFi's revenue grew by 33% year-over-year in the quarter, an acceleration over its 2024 growth rate.
Not only does SoFi continue to grow at a rapid pace, but the company is profitable. It achieved its first full year of positive earnings per share in 2024 and is expecting earnings to nearly double in 2025 and for adjusted EBITDA to grow by 27% year over year. This is a rare combination of momentum and profitability, especially for a bank stock.
