The Motley Fool

AUGUST 7, 2023

What happened Shares of SoFi Technologies (NASDAQ: SOFI) climbed 37% in July, according to data provided by S&P Global Market Intelligence , after the fintech and banking company announced strong second-quarter 2023 results and raised its full-year outlook. million, trouncing estimates for $476 million.

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The Motley Fool

NOVEMBER 25, 2023

A better way to bank SoFi offers banking services on its all-in-one digital app with low fees and high interest rates. Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) increased 121% year over year, to $98 million, in the third quarter, and net loss excluding a goodwill impairment improved from $74.2

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The Motley Fool

JULY 31, 2023

ET Monday, according to data provided by S&P Global Market Intelligence , after the banking and financial technology (fintech) leader announced strong second-quarter 2023 results. SoFi also posted adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $77 million for the quarter, up 278% year over year.

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The Motley Fool

JANUARY 3, 2024

I blame investment bank Keefe, Bruyette & Woods for that. Even if SoFi does earn a profit in Q4, it may be one that the internet bank is unable to sustain. After sliding 3% on Jan. 2, the first trading day of the New Year, SoFi fell further Wednesday morning, with the stock losing an additional 13.5% through 11:35 a.m.

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The Motley Fool

JANUARY 11, 2024

2023 wasn't a great year for bank stocks or fintech stocks , many of which underperformed the market. However, fintech and banking superstar SoFi Technologies (NASDAQ: SOFI) gained 116% last year after plunging 71% in 2022. SoFi offers a banking experience with the best that technology offers. There were $2.9

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The Motley Fool

JULY 26, 2024

In this podcast, Motley Fool contributor Matt Frankel and host Ricky Mulvey discuss: Bank of America 's comeback story. Should you invest $1,000 in Bank of America right now? Ricky Mulvey: The banks are back, and you're listening to Motley Fool Money. He keeps an eye on the banks, and Matt, it's good to see you.

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The Motley Fool

JANUARY 4, 2024

Despite the many digital banks that have sprung up in recent years, SoFi has made a name for itself with its easy-to-use, low-fee tools, and solutions that just make finance easier for the masses. In addition to student loans, it now offers a full suite of credit products, bank accounts, credit cards, investment tools, and more.

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The Motley Fool

SEPTEMBER 20, 2024

There's also evidence, according to a Bank of America study, that stocks outperform in the year after they split. In its most recent fiscal quarter, the company reported adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $8.2 Jeremy Bowman has positions in Bank of America and Broadcom.

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The Motley Fool

AUGUST 12, 2023

SoFi Technologies The shift to digital banking is another powerful trend that's creating enormous profit opportunities for investors. Online personal finance upstart SoFi Technologies (NASDAQ: SOFI) is benefiting from this shift -- and it's poised to claim a far larger share of the massive banking industry.

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The Motley Fool

JUNE 17, 2023

banks) with the same rate of defaults. Upstart uses its AI technology to originate and service loans that it generally then passes on to its banking partners and institutional investors. It expanded its number of bank and credit union partners to 99 from just 10 at its IPO. Image source: Getty Images.

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The Motley Fool

JULY 17, 2023

Online bank and personal finance specialist SoFi Technologies (NASDAQ: SOFI) managed a smashing initial public offering (IPO) at the height of the previous bull market, benefiting from a moment in time when investors piled money into any new stock that looked exciting. which is expensive for a bank. million, or 46% more than last year.

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The Motley Fool

MARCH 21, 2025

billion RMB, primarily due to the loss from the revaluation of overseas RMB-related assets caused by the depreciation of RMB against the U.S. The next question is from Bin Wang from Deutsche Bank. The next question is from Ming-Hsun Lee from Bank of America. Ming-Hsun Lee -- Bank of America Merrill Lynch -- Analyst Thank you.

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The Motley Fool

NOVEMBER 26, 2023

In other words, Adyen handles everything from authorizing transactions with issuing banks to settling funds in merchant accounts, and it provides those services across physical and digital channels. By consolidating the payments value chain, Adyen captures more comprehensive data than stand-alone payment processors or acquiring banks.

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The Motley Fool

OCTOBER 14, 2024

Why lithium stocks are tanking You can probably blame investment bank JPMorgan Chase (NYSE: JPM) for the turnaround. But the bad news is that the bank doesn't think it's going to get much better -- and might even get a little bit worse. The question is: Why?

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The Motley Fool

OCTOBER 17, 2024

If someone borrows at a high rate of interest for a depreciating asset like a car or everyday consumer goods, that is "bad debt." Yes, your small business credit card application might get declined if you don't have enough history of solid business revenue to show to the bank. But debt is not inherently bad or good -- debt is a tool.

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The Motley Fool

FEBRUARY 13, 2024

Together, these groups cover areas like risk data management, regulatory reporting solutions, fraud and anti-money laundering , and surveillance for banks, insurers, and asset managers. times EBITDA (earnings before interest, taxes, depreciation, and amortization) to 3.3 Nasdaq's solutions in that space could prove essential.

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The Motley Fool

JUNE 14, 2024

Pagaya: A better credit evaluation model Pagaya operates an AI-driven credit evaluation platform that helps banks and financial institutions more accurately identify and minimize risk while opening up more opportunities for effective lending. Bank and has six large lenders lined up to join the platform.

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The Motley Fool

OCTOBER 31, 2024

Fintech leader generating profitable growth Block stands out as a fintech pioneer and payments industry innovator driving the ongoing digitization of global commerce and banking. Those headline numbers are objectively positive but also mark a gradual slowdown compared to even stronger rates in the first half of the year.

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The Motley Fool

JUNE 23, 2023

Upstart Upstart (NASDAQ: UPST) is a consumer loan company that leverages big data and AI algorithms to help financial institutions, banks, and credit unions assess the creditworthiness of loan applicants. banks and can allow for 173% higher approvals at the same default rate and 53% fewer defaults at the same approval rate.

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The Motley Fool

JULY 29, 2023

But at a Bank of America conference in late June, CFO Pascal Desroches had already tempered the market's expectations by predicting AT&T would only gain about 300,000 postpaid phone subscribers in Q2. The Motley Fool has positions in and recommends Bank of America and Zoom Video Communications. Leo Sun has positions in AT&T.

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The Motley Fool

JULY 18, 2023

So what In a note by StreetInsider this morning, investment bank Evercore laid out four main reasons why it's upgrading Pinterest stock to outperform and raising its price target to $41 -- the highest estimate currently on Wall Street. As of 11:35 a.m. ET Tuesday, the company's stock is up a solid 2%. The first is digital ad spending.

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The Motley Fool

JULY 10, 2023

Even though it's gaining direct-to-consumer (DTC) subscribers, adjusted operating income before depreciation and amortization (OIBDA) for its DTC segment worsened to a loss of $511 million in the March-ended quarter -- 12% worse than the year-ago period. banks, it's tough to envision much in the way of upside for Citigroup.

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The Motley Fool

NOVEMBER 8, 2024

During the quarter, we recorded net fair value appreciation, including net realized gains and net unrealized depreciation on the investment portfolio of $48.1 When you get into due diligence, you're expecting certain banks. million realized gain in the quarter, as David discussed. Again, that's not something we can control.

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The Motley Fool

JULY 31, 2024

Keep bad information off your tax return and scammers out of your bank account ! Small business owners can sometimes get tax deductions for business travel and depreciation on a business vehicle. Small business owners need to think ahead as you prepare for next year's tax returns.

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The Motley Fool

JULY 13, 2024

Image source: Getty Images According to a report by the Swiss bank UBS, 6.6% When they purchase a car, they keep it for the long haul It's no secret that vehicles depreciate in value the moment you drive them off the lot. of us living in the U.S. are millionaires. They work with what they have.

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The Motley Fool

NOVEMBER 3, 2024

billion Canadian ($3 billion) of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the period. The reliable growth continues Enbridge recently reported its third-quarter results. The pipeline and utility operator produced $4.2 That was 8% higher than last year.

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The Motley Fool

SEPTEMBER 19, 2023

However, it plans to trim its total costs by $2 billion over the next three years to reduce its ratio of net debt to adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to 3 by the end of 2023 and 2.5 The Motley Fool has positions in and recommends Amazon.com, Bank of America, and Zoom Video Communications.

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The Motley Fool

JUNE 23, 2023

In fact, management thinks that Carnival will produce adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $4 billion (at the midpoint) this fiscal year. The regional banking crisis appears to have been a net positive for SoFi. In the latest three-month period, this metric was under $200 million.

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The Motley Fool

JUNE 25, 2024

Ares Capital and its BDC peers are essentially lenders to misize businesses that are too big for small-business loans but too small for consideration by a traditional American bank. With plenty of businesses hungry for capital, Ares Capital's underwriting team can pick and choose highly reliable borrowers.

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The Motley Fool

JUNE 24, 2024

on average during the 12 months following a stock split announcement, according to Bank of America. The last five splits are listed in the chart below, along with the share price appreciation (or depreciation) over the next six months, one year, and two years. But since 2010, companies have seen their share prices increase just 18.3%

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The Motley Fool

AUGUST 29, 2023

While few customers think about what happens when they swipe their cards, the system is complex and involves an acquiring bank, a payment processor, the issuing bank, and the credit card network. That shows management's confidence in its prospects, but many investors don't share that assurance, clearly.

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The Motley Fool

NOVEMBER 27, 2023

Here is the stock's secret to dividend longevity and why investors can continue banking on future raises. Today, the company has a reasonable debt-to- EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio of 1.8. The company has raised its dividend for 60 consecutive years, spanning the last eight recessions !

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The Motley Fool

SEPTEMBER 3, 2023

Gelsinger laid out the rationale in an interview during Deutsche Bank 's 2023 Technology Conference: I am going to keep those factories full forever, right? It's being able to run those depreciated assets on a much longer basis with good margin wafers.

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The Motley Fool

JUNE 27, 2023

During this period, the person pays a monthly fee, which covers the depreciation of the vehicle as well as interest on the lease. This is because you're only financing the vehicle's depreciation during the lease term, rather than the entire cost.

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The Motley Fool

AUGUST 23, 2024

However, net income factors significant depreciation, a non-cash expense, which would skew the P/E ratio higher. compares well to bank interest returns and is arguably better, given the prospects for payout hikes and stock price appreciation. Also, the 56 price-to-earnings (P/E) ratio should not deter value investors.

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The Motley Fool

MARCH 21, 2024

SoFi's revenue increased 35% year over year to $615 million in the fourth quarter, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 159% to $181 million. As it becomes profitable, investors may be viewing it more in line with a standard bank stock, which typically trades at a lower valuation.

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The Motley Fool

DECEMBER 9, 2024

While there's plenty of competition in the online banking market, SoFi continues to increase its customer count and sales. Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) jumped 90% to $186.2 In the third quarter (ending Sept. million -- an impressive increase of 35% from the year-ago quarter.

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