20265月
SOFI May 2026 · Sell
SoFi is successfully transitioning from a student lender to a comprehensive digital bank and 'AWS of Fintech' via Galileo/Technisys. Achieving GAAP profitability with accelerating deposit growth validates the structural advantage of its bank charter. However, a blended valuation approach strictly enforces legacy bank balance-sheet discipline, revealing that current ROE persistently trails the elevated cost of equity, destroying economic value on the margin.Latest published research · analyzed 2026-05-19 · historical · sources unverified