SoFi Technologies beats Q1 revenue estimates by 4.87%
SoFi Technologies posted Q1 2026 revenue of $1.10B, beating estimates by 4.87%, with GAAP net income up 135% to $166.73M.
Loan originations reached a record $12.18B, up 68%. Ally Financial delivered Q1 adjusted EPS of $1.11, beating estimates by 17.93%, with net interest margin expanding 17 bps year over year to 3.52%.
The 10-year Treasury yield at 4.42% and widening lending spreads are benefiting digital-first financial services operators, with the financial sector generating $897.1 billion in profits in Q4 2025, up 9.6% year over year.
Fulton Financial beat Q1 estimates with operating EPS of $0.55, and closed the Blue Foundry Bancorp acquisition, adding $2.1B in assets.