Vetoapua Citin osta suosituksesta tälle päivälle.
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Sofiin ja opintolainojen purkutalkoisiin liittyen läpikäyntiä
Demystifying The Student Loan Market
As you may know, here in the US, we have roughly $1.74T in outstanding student loan debt (of which $1.6T is federal debt). For private lenders like SoFi, Navient (NAVI), Sallie Mae (SLM), and Nelnet (NNI), this federal student debt load of $1.6T represents an opportunity pool for refinancing, i.e., origination and interest revenues. Now, as I see it, federal debt cancellation can potentially hurt companies like SoFi in several ways:
- Reduction in Loan Portfolio: SoFi’s student loan business is primarily focused on refinancing. If the federal government were to cancel a significant portion of student debt, it would reduce the overall amount of debt available for refinancing. Hence, federal debt cancellation would lead to reduced demand for SoFi’s services and a shrinking of its loan portfolio.
- Decreased Revenue: With a reduction in the amount of student debt outstanding, SoFi’s revenue from interest payments and loan origination fees could decrease. And this would negatively impact the company’s profitability, especially if it didn’t have alternative revenue streams to compensate for the loss.
- Competitive Pressure: If federal debt cancellation reduces the demand for private student loan refinancing, it could intensify competition among financial institutions like SoFi that offer similar services. This could lead to pricing pressure and a reduction in profit margins.
- Long-Term Effects on Business Model: Federal debt cancellation could signal a shift in government policy towards higher education financing. If the government continues to intervene in student debt markets, it may disrupt SoFi’s “refinancing-focused” business model for student loans.
In my view, SoFi’s student loan business is still an important vertical for the company; however, the outsized stock reactions we see around student debt cancellation announcements are very much emotional in nature. Going forward, SoFi’s Financial Services and Technology Platform are set to serve as the primary growth drivers of revenue and profits [as per management guidance]. Hence, long-term investors should treat all short-term fluctuations around incoming student debt cancellation news as nothing but noise.
Vaikutus siis rajallinen, jos lainoja perutaan jatkossa lisääkin. Lähinnä tämän uudelleenrahoituksen markkinaosuuksien osalta, mutta onneksi Sofi on nyt paljon muutakin.
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Teen nyt todella tyhmän kysymyksen, joka ehkä käsitelty jo.
Miten valtionhallinto voi canceloida lainat jotka joku on ottanut yksityiseltä rahoituslaitokselta, eikö siitä tule mitään kompensaatioita lainan antajalle?
Student loan forgiveness
The government can forgive federal student loans through programs like income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF). Borrowers who’ve been defrauded by their schools may also be eligible for loan forgiveness.
lähde tuosta ylempää: http://www.nerdwallet.com/article/loans/student-loans/student-loan-debt
Opintolainojen ottajat voivat rahoittaa valtion myöntämät lainat halvemmalla korolla tai pidemmällä maksuajalla palveluntarjoajilta (esim Sofi).
Valtion lainojen mitätöinnit sitten pienentää markkinoilla olevien lainojen määriä ja sitä kautta uudelleenrahoituksen markkinan kokoa.
Eli nähdäkseni velkojen mitätöinnit koskee vain valtion myöntämiä lainoja. Ei siis yksityisten toimijoiden uudelleenrahoittamia lainoja. Jos tästä on jotain muuta tietoa, niin mielelläni näkisin siitä lähdettä.
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- SoFi Technologies (NASDAQ:SOFI) is scheduled to announce Q1 earnings results on Monday, April 29th, before market open.
- The consensus EPS Estimate is -$0.01 (+80.0% Y/Y) and the consensus Revenue Estimate is $558.75M (+21.5% Y/Y).
- Over the last 2 years, SOFI has beaten EPS estimates 50% of the time and has beaten revenue estimates 100% of the time.
Yksi näkemys Q1:stä, ennustelee yli konsensuksen menevää raporttia. Sofi ollut tähän asti konservatiivinen omissa ohjeistuksissa, joten oletus itsellä myös saman suuntainen.
https://seekingalpha.com/article/4686832-sofi-technolgies-q1-earnings-preview-stock-buy
Q4/23
ja konsensus ennusteet Q1/24
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21M$ ylitys liikevaihdossa konsensukseen (edit aiempaan, kons. taisi olla adjusted 
)
EPS +0,01 (100%)
Edit:
muokattu tuota ensimmäistä osaa lv:n osalta, vertailu konsensukseen tämän pohjalta
SoFi Technologies press release (NASDAQ:SOFI): Q1 GAAP EPS of $0.02 beats by $0.01.
Adj. Revenue of $580.65M (+26.2% Y/Y) beats by $21.12M.
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Kaikki käppyrät osoittaa taas koilliseen, sijoittajapresis:
paitsi Adjusted EBITDA -Q/Q luvuissa pientä takapakkia
Näkymien nosto, GAAP EPS plussalla pysyvästi 
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SOFI Q1 EARNINGS LIVESTREAM (youtube.com)](https://www.youtube.com/watch?v=P9ysMbhk2cY)
- Käyttäjämäärät kasvaa tasaisesti
- Samoin tekee liikevaihto ja tulos YoY
- Nyt ollaan käännytty voitolliseksi ja koko vuoden ohjeistus näyttää hyvältä “GAAP Diluted EPS of $0.08 $0.09 cents FY2024”
En tiedä mitä puhelussa sanottiin kun premarket -7%, Hesulissa olisi ihan normaali reaktio. ;
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Miksi tämän Q1 jälkeinen pörssireaktio on -10% taulussa? Oli kääntynyt voitolliseksi mutta mikä on mennyt näin pahasti pieleen?
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Sen verran varovainen ennuste tuli Q2 luvuista, että jäi analyytikoiden odotuksista. Todennäköisesti tämä ohjeistus tullaan ylittämään ja osutaan siihen mitä odotettukin. Isolla velalla operoivassa pienetkin negatiiviset signaalit näkyy karusti kurssissa. Jos anti-midas Cathie ei olisi tässä niin isosti, niin voisin jopa lisäillä. 
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Vissiin pelkäävät nyt CPI ja GDP lukuja, aika paljon pörssin romahdus-kontenttia taas youtubessa
Hyvää analyysiä, en katsonut loppuun joten ei liity edelliseen kirjoitukseeni vielä ainakaan
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Noto Bloombergin haastattelussa osarista:
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Noton ostot on yleensä ollut hyvä merkki pohjaongintaan 
Sijoittajapuhelun transskripti
Tämä osio lienee tuon ison dropin syynä, vaikka koko vuoden ohjeistuksia reivattiin ylöspäin
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SoFi Strengthens Lending Capabilities with $350 Million Personal Loan Securitization Placement with PGIM
May 21, 2024
SAN FRANCISCO–(BUSINESS WIRE)-- SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the Q1 2024 placement of a $350 million personal loan securitization exclusively with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company.
“We’ve continued to see healthy demand for our personal loan sales, providing us access to new forms of capital as SoFi helps more members get their money right,” said Anthony Noto, CEO of SoFi. “PGIM’s experience as an asset-based finance lender, coupled with its established securitized product platform, makes the company a great partner for SoFi as we continue to strengthen our lending capabilities.”
To date, SoFi has sold over $15 billion and securitized over $14.5 billion of personal loan collateral, underscoring the high quality of its personal loan portfolio.
“This partnership sits at the intersection of SoFi’s mission to its members and our commitment to providing tailored solutions for our clients. PGIM Fixed Income is proud to be a long-standing partner to this established platform. Our work together extends nearly 10 years from SoFi’s origins in student loans to today’s multi-channel business,” said Edwin Wilches, Managing Director, PGIM Fixed Income.
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Tämäkin paskalaitos laskee kun 4. Suurin omistaja dumppasi kaikki laput.
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Suoraan sanottuna en ymmärrä miksi SoFi:lla on edes oma yritysketju. Tässä firmassa ei ole mitään erityistä, mitä sen kymmenillä kilpailijoilla ei olisi (suuri osa niistä ei pörssilistattuja) …
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Maailman kalleimman stadionin nimioikeudet on jotain mitä kilpailijoilla ei ole 
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Vähän niin kuin Uros-areena? 
Sinänsä mielenkiintoinen shorttikohde. Viime marraskuun pohjat ja samalla 52wk low menossa juuri rikki. Seuraavasta pompusta shortti auki …
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Ihan mielenkiinnosta voisit luetella niitä kilpailijoita, jolta saa kaikki pankkipalvelut. Ja on ihan pankkitoimilupa.
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[me] Please list all companies that are direct competitors to SoFI
ChatGPT
SoFi (Social Finance, Inc.) is a financial technology company that offers a variety of financial products and services, including student loan refinancing, personal loans, home loans, credit cards, investing, and banking. The company operates in several sectors within the financial industry, so its direct competitors vary depending on the specific product or service. Here are some of the main competitors in different areas of SoFi’s business:
Student Loan Refinancing
- CommonBond
- Earnest
- Laurel Road
- Splash Financial
- LendKey
Personal Loans
- LendingClub
- Prosper
- Upstart
- Avant
- LightStream (a division of Truist)
Home Loans (Mortgages)
- Quicken Loans (Rocket Mortgage)
- Better.com
- loanDepot
- Guaranteed Rate
- CitiMortgage
Credit Cards
- Discover
- Capital One
- Chase
- American Express
- Bank of America
Investing
- Robinhood
- E*TRADE
- TD Ameritrade
- Charles Schwab
- Fidelity
Banking (Checking and Savings Accounts)
- Chime
- Ally Bank
- Varo Bank
- Simple (now part of BBVA)
- Marcus by Goldman Sachs
Insurance (through partnerships)
- Policygenius
- Lemonade
- State Farm
- GEICO
- Allstate
Each of these companies competes with SoFi in at least one of its major product categories, offering similar financial services to consumers.
[me] Can you focus on those competitors that compete on the bank services area only? What are the main competitors there?
ChatGPT
In the banking services area, SoFi’s main competitors are other fintech companies and digital banks that offer similar products like checking and savings accounts, personal finance management tools, and other financial services. Here are the primary competitors in this space:
- Chime - A leading fintech company offering online banking services with no hidden fees, early direct deposits, and automated savings features.
- Ally Bank - An online bank providing a range of banking services, including high-yield savings accounts, checking accounts, and personal loans.
- Varo Bank - A fully digital bank offering no-fee banking, high-interest savings accounts, and various personal finance management tools.
- Simple (now part of BBVA) - Originally an online bank, now integrated into BBVA, providing no-fee banking and budgeting tools.
- Marcus by Goldman Sachs - Offers high-yield savings accounts, personal loans, and no-fee online banking services.
- Current - A fintech company providing mobile banking services, including no-fee checking accounts and early direct deposit.
- Aspiration - An online financial firm offering socially conscious banking and investment products, including fee-free checking and high-yield savings accounts.
- Revolut - A global financial superapp offering a range of services including banking, currency exchange, and investment options.
- N26 - A digital bank providing online banking services, including fee-free checking accounts and various financial management tools (more prominent in Europe, but also serves the U.S. market).
- Monzo - A UK-based digital bank that offers online banking services and has been expanding its reach to the U.S. market.
These companies primarily compete with SoFi by offering innovative, user-friendly banking solutions with low or no fees, competitive interest rates, and additional features like early direct deposit and budgeting tools.
[me] What about WealthFront?
ChatGPT
Wealthfront is also a notable competitor to SoFi in the banking services area. While Wealthfront is primarily known for its automated investment services (robo-advisory), it has expanded its offerings to include banking services, making it a direct competitor to SoFi in this space. Here are the key aspects of Wealthfront’s banking services:
Wealthfront’s Banking Services
- Cash Account - Wealthfront offers a high-interest cash account with no account fees, which functions similarly to a high-yield savings account.
- Checking Features - The Wealthfront Cash Account includes features typical of checking accounts, such as direct deposit, bill pay, and a debit card.
- Automated Savings - Wealthfront provides tools to help automate savings and manage cash flow, leveraging its expertise in automated financial management.
- Financial Planning Tools - Wealthfront integrates its banking services with financial planning and investment tools, offering a holistic approach to personal finance.
Tuo viimeinen kysymys sen takia että alkuvuodesta hain parasta digital bankkia missä olisi korkea korko. SoFi vaatii, että palkkatulot ohjataan sinne, ja lisäksi APY-korko oli jotain 4.35%, kun Wealthfront ei vaatinut mitään vastaavaa ja korko 5%. Oli varsin helppo päätös. Kokeilin myös molempia mobile appeja, varmaankin mieltymyskysymys mutta minusta Wealthfront oli parempi.