Cottonwood Heights, UT · Cert 26881 · Sofi Technologies Inc.
National charter · OCC · 4 branches
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 4.0% share · #7 of 57 inst. · $46.6B of $1175.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.03% | 1.74% | 2.13% | 2.00% | 1.96% | 1.86% | 2.03% | 1.95% | -5 bps | |
| Return on Equity | 14.33% | 12.02% | 14.68% | 14.36% | 14.19% | 13.79% | 15.84% | 15.26% | +90 bps | |
| Net Interest Margin | 5.84% | 6.15% | 6.13% | 6.02% | 5.91% | 5.73% | 5.75% | 5.91% | -11 bps | |
| Efficiency Ratio | 66.74% | 68.65% | 66.03% | 67.68% | 68.67% | 69.47% | 66.98% | 67.39% | -29 bps | |
| Non-Interest Burden | 3.11% | 3.57% | 3.23% | 3.21% | 3.22% | 3.19% | 3.00% | 3.13% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 36.06% | 29.19% | 28.04% | 32.61% | 40.96% | 49.80% | 51.16% | 56.60% | +2,399 bps | |
| Loan Growth (YoY) | 35.78% | 28.28% | 32.97% | 33.16% | 38.92% | 44.73% | 50.64% | 54.10% | +2,095 bps | |
| Deposit Growth (YoY) | 53.41% | 37.75% | 25.82% | 28.56% | 37.34% | 52.67% | 54.55% | 57.39% | +2,883 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.14% | 0.11% | 0.09% | 0.08% | 0.08% | 0.09% | 0.09% | 0.08% | 0 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.14% | 0.12% | 0.09% | 0.08% | 0.06% | 0.08% | 0.08% | -1 bps | |
| Allowance / Loans | 0.20% | 0.18% | 0.16% | 0.16% | 0.15% | 0.14% | 0.13% | 0.12% | -4 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.7x | 1.8x | 1.9x | 1.8x | 1.5x | 1.5x | 1.5x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.04% | 14.43% | 13.93% | 13.66% | 14.30% | 13.54% | 12.77% | 13.34% | -32 bps | |
| Total Risk-Based Capital | 17.27% | 17.45% | 16.62% | 15.29% | 17.76% | 16.58% | 15.42% | 15.29% | -1 bps | |
| Equity / Assets | 14.40% | 14.59% | 14.38% | 13.53% | 14.10% | 12.95% | 12.74% | 12.81% | -72 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.88% | 97.75% | 99.16% | 102.01% | 100.02% | 92.67% | 96.65% | 99.87% | -213 bps | |
| Liquid Assets / Assets | 7.68% | 6.93% | 6.13% | 5.97% | 7.75% | 9.98% | 6.52% | 5.32% | -65 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 2.68% | 2.75% | 2.59% | n/a | n/a | |