BlastPoint's Banking Scorecard
SoFi Bank, National Association
Cottonwood Heights, UT
SoFi Bank, National Association has 5 strengths but faces 2 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 12% in Large
- + Profitability Leader: Top 35% in Large
- + Net Interest Margin 2.68% above tier
- + Delinquency Rate 0.79% below tier
- + Nonperforming Asset Ratio 0.48% below tier
Key Concerns
Areas that may need attention
- - Liquidity Overhang: Bottom 15% in Large
- - Efficiency Ratio 13.06% above tier
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$46.6B
+49.8% YoY
+12.9% QoQ
|
-$28.3B |
$74.9B
-4.4% YoY
|
$27.8B
+4.3% YoY
|
$5.9B
+6.5% YoY
|
49% |
| Total Loans ? |
$36.7B
+44.8% YoY
+9.0% QoQ
|
-$9.7B |
$46.4B
-2.1% YoY
|
$18.4B
+5.7% YoY
|
$3.1B
+8.5% YoY
|
58% |
| Total Deposits ? |
$39.7B
+52.7% YoY
+17.6% QoQ
|
-$20.8B |
$60.5B
-4.5% YoY
|
$22.6B
+4.5% YoY
|
$4.7B
+6.3% YoY
|
55% |
| Return on Assets ? |
1.96%
+14.1% YoY
-2.4% QoQ
|
+0.77% |
1.19%
+17.8% YoY
|
1.81%
-9.1% YoY
|
1.12%
+15.6% YoY
|
Top 6% in tier |
| Net Interest Margin ? |
6.15%
-2.8% YoY
-2.1% QoQ
|
+2.68% |
3.46%
+13.1% YoY
|
5.42%
-7.6% YoY
|
3.75%
+7.1% YoY
|
Top 7% in tier |
| Efficiency Ratio ? |
68.09%
-0.8% YoY
+0.8% QoQ
|
+13.06% |
55.03%
-2.8% YoY
|
52.17%
+2.9% YoY
|
65.09%
-5.1% YoY
|
Bottom 9% in tier |
| Delinquency Rate ? |
0.09%
-16.9% YoY
+10.5% QoQ
|
-0.79% |
0.88%
-0.3% YoY
|
1.05%
-14.1% YoY
|
0.66%
+20.3% YoY
|
Top 3% in tier |
| Loan-to-Deposit Ratio ? |
92.54%
-5.2% YoY
-7.3% QoQ
|
+10.82% |
81.72%
+3.9% YoY
|
84.36%
-0.6% YoY
|
78.04%
+0.7% YoY
|
16% |
| Non-Interest-Bearing Deposit Share ? |
0.34%
-27.9% YoY
-26.6% QoQ
|
-19.63% |
19.97%
+0.5% YoY
|
13.04%
-1.8% YoY
|
21.79%
-1.3% YoY
|
Bottom 13% in tier |
| Nonperforming Asset Ratio ? |
0.07%
-19.7% YoY
+6.6% QoQ
|
-0.48% |
0.55%
+9.0% YoY
|
0.58%
-21.1% YoY
|
0.48%
+20.8% YoY
|
Top 7% in tier |
| Tier 1 Capital Ratio ? |
16.44%
-4.8% YoY
-6.6% QoQ
|
+3.11% |
13.33%
-0.7% YoY
|
9.83%
-1.9% YoY
|
9.75%
-1.9% YoY
|
Top 15% in tier |
| Non-Interest Income / Assets ? |
2.05%
+29.5% YoY
+24.3% QoQ
|
+0.96% |
1.09%
+2.4% YoY
|
1.76%
-7.5% YoY
|
0.65%
+0.6% YoY
|
Top 6% in tier |
Signature Analysis
Strengths (5)
Revenue Diversifier
growthTop-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Profitability Leader
growthTop-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.
Net Interest Margin
metricNet Interest Margin is in the top decile of tier peers. The spread between loan yields and funding costs is well above peers - a structural earnings advantage if it persists.
Delinquency Rate
metricDelinquency Rate is in the top decile (lowest) of tier peers. Past-due loans as a share of the book are materially cleaner than peers - underwriting and portfolio management are working.
Nonperforming Asset Ratio
metricNon-Performing Asset Ratio is in the top decile (lowest) of tier peers. Problem credits are materially cleaner than similarly-sized banks - earnings less exposed to credit-cost shocks.
Concerns (2)
Liquidity Overhang
riskExceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.
Efficiency Ratio
metricEfficiency Ratio is in the bottom decile (highest costs) of tier peers. It costs materially more to produce a dollar of revenue than at peers - cost discipline or revenue growth is needed.
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%