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 (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.71% | 1.72% | 2.13% | 2.05% | 2.01% | 1.96% | 2.03% | 1.98% | -8 bps | |
| Return on Equity | 12.19% | 12.14% | 14.68% | 14.52% | 14.23% | 14.17% | 15.84% | 15.41% | +88 bps | |
| Net Interest Margin | 5.58% | 5.53% | 6.13% | 5.89% | 5.43% | 5.14% | 5.75% | 5.54% | -35 bps | |
| Efficiency Ratio | 68.62% | 68.63% | 66.03% | 66.89% | 67.55% | 68.09% | 66.98% | 67.20% | +31 bps | |
| Non-Interest Burden | 3.33% | 3.28% | 3.23% | 3.12% | 2.91% | 2.79% | 3.00% | 2.92% | -21 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 | 0.17% | 0.16% | 0.12% | 0.10% | 0.08% | 0.07% | 0.08% | 0.07% | -2 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 | |