Discontinued — last reported Q2 '23
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.
An increase may indicate a need for additional funding or a strategy to lock in long-term liquidity.
Time deposits consist of certificates of deposit (CDs) and other accounts with fixed maturity dates that pay interest to...
Varies based on the bank's current funding needs and the competitive interest rate environment.
bank_time_deposits| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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 Deposits | 0.7% | 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 |