Discontinued — last reported Q2 '23

Current Liabilities

Time deposits

SoFi Technologies, Inc. Time deposits increased by 12.9% to $29.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.6%, from $25.04M to $29.70M. Over 3 years (FY 2022 to FY 2025), Time deposits shows an upward trend with a 8.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ3 2022
Last reportedQ2 2023
Parent metricDeposits

How to read this metric

An increase may indicate a need for additional funding or a strategy to lock in long-term liquidity.

Detailed definition

Time deposits consist of certificates of deposit (CDs) and other accounts with fixed maturity dates that pay interest to...

Peer comparison

Varies based on the bank's current funding needs and the competitive interest rate environment.

Metric ID: bank_time_deposits

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.54M$10.97M$11.70M$20.84M$23.32M$21.15M$21.52M$21.27M$15.77M$21.63M$21.59M$20.31M$25.04M$25.34M$25.71M$26.32M$29.70M
QoQ Change+45.5%+6.6%+78.2%+11.9%-9.3%+1.8%-1.2%-25.9%+37.2%-0.2%-6.0%+23.3%+1.2%+1.5%+2.4%+12.9%
YoY Change+209.4%+92.8%+84.0%+2.0%-32.4%+2.3%+0.3%-4.5%+58.8%+17.1%+19.1%+29.6%+18.6%
% of Deposits0.7%0.4%0.2%0.3%0.2%0.2%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%
Share Change-0.2pp-0.2pp+0.1pp-0.1pp-0.1pp-0.0pp-0.0pp-0.0pp+0.0pp-0.0pp-0.0pp+0.0pp-0.0pp-0.0pp-0.0pp+0.0pp
Range$7.54M$29.70M
CAGR+40.9%
Avg YoY Growth+38.2%
Median YoY Growth+18.6%
Current Streak5 quarters growth

Frequently Asked Questions

What is SoFi Technologies, Inc.'s time deposits?
SoFi Technologies, Inc. (SOFI) reported time deposits of $29.70M in Q1 2026.
How has SoFi Technologies, Inc.'s time deposits changed year-over-year?
SoFi Technologies, Inc.'s time deposits increased by 18.6% year-over-year, from $25.04M to $29.70M.
What is the long-term trend for SoFi Technologies, Inc.'s time deposits?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s time deposits has grown at a 8.1% compound annual growth rate (CAGR), from $20.84M to $26.32M.
What does time deposits mean?
Interest-bearing deposits with a fixed maturity date, such as certificates of deposit.