Here's How SoFi Values Loans in Its Portfolio

By Parkev Tatevosian, CFA – Jun 5, 2023 at 4:15AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$7B

Today's Change

(-1.40%) -$0.10

Current Price

$7.06

Price as of May 7, 2024, 4:00 p.m. ET

The accounting decision plays an important role for SoFi stock investors.

Fool.com contributor and finance professor Parkev Tatevosian digs into SoFi's (SOFI -1.40%) accounting of loans.

*Stock prices used were the afternoon prices of June 1, 2023. The video was published on June 3, 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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.