The company has done an excellent job of offering customers an attractive value proposition.
SoFi (SOFI 1.97%) has added billions in deposits as other banks have lost billions. Fool.com contributor and finance professor Parkev Tatevosian elaborates on how SoFi has achieved this impressive feat.
*Stock prices used were the afternoon prices of May 25, 2023. The video was published on May 27, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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