SoFi Money
Total deposits rose $5.3 billion in Q2 2026 to $45.5 billion.
The numbers
What it is
SoFi's checking and savings product, held at SoFi Bank, with cash management and interchange on card spend. Deposits fund most of SoFi's lending, which makes it central to the bank's funding cost.
Why it matters to the stock. Deposit growth and deposit costs set the spread on SoFi's loans. Money is also the main entry point for new members.
News
SoFi posts record Q1 2026 originations and keeps full-year revenue outlook at about $4.655 billion
SoFi reported first-quarter 2026 GAAP net revenue of $1.10 billion, up 43%, and net income of $166.7 million, up 134%.
Earnings