Current Liabilities
Noninterest-bearing deposits
SoFi Technologies, Inc. Noninterest-bearing deposits increased by 4.2% to $123.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $120.36M to $123.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
Parent metricDeposits
How to read this metric
An increase improves the bank's cost of funds and net interest margin, while a decrease increases funding costs.
Detailed definition
These are demand deposit accounts that do not pay interest to the customer, typically used for transactional purposes. T...
Peer comparison
A key metric for evaluating the strength of a bank's retail and commercial deposit franchise.
Metric ID:
fin_deposits_noninterest_bearingHistorical Data
18 periods
| Q4 '21 | 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 | $0.00 | $95.60M | $82.80M | $89.76M | $76.50M | $72.04M | $67.68M | $64.62M | $51.67M | $54.46M | $51.31M | $56.01M | $116.80M | $120.36M | $129.57M | $140.74M | $118.05M | $123.00M |
| QoQ Change | — | — | -13.4% | +8.4% | -14.8% | -5.8% | -6.0% | -4.5% | -20.0% | +5.4% | -5.8% | +9.2% | +108.5% | +3.0% | +7.7% | +8.6% | -16.1% | +4.2% |
| YoY Change | — | — | — | — | — | -24.6% | -18.3% | -28.0% | -32.5% | -24.4% | -24.2% | -13.3% | +126.1% | +121.0% | +152.5% | +151.3% | +1.1% | +2.2% |
| % of Deposits | — | 8.3% | 3.1% | 1.8% | 1.0% | 0.7% | 0.5% | 0.4% | 0.3% | 0.3% | 0.2% | 0.2% | 0.4% | 0.4% | 0.4% | 0.4% | 0.3% | 0.3% |
| Share Change | — | — | -5.2pp | -1.3pp | -0.7pp | -0.3pp | -0.2pp | -0.1pp | -0.1pp | -0.0pp | -0.0pp | +0.0pp | +0.2pp | -0.0pp | -0.0pp | -0.0pp | -0.1pp | -0.0pp |
Range$0.00 – $140.74M
Avg YoY Growth+29.9%
Median YoY Growth-13.3%
Noninterest-bearing deposits at Other Companies
Frequently Asked Questions
- What is SoFi Technologies, Inc.'s noninterest-bearing deposits?
- SoFi Technologies, Inc. (SOFI) reported noninterest-bearing deposits of $123.00M in Q1 2026.
- How has SoFi Technologies, Inc.'s noninterest-bearing deposits changed year-over-year?
- SoFi Technologies, Inc.'s noninterest-bearing deposits increased by 2.2% year-over-year, from $120.36M to $123.00M.
- What does noninterest-bearing deposits mean?
- Customer money held in accounts that do not earn interest, providing cheap funding for the bank.