SOFI
SoFi Technologies, Inc.
SOFI has the edge over WSBF overall, supported by stronger modeled upside and stronger valuation.
WSBF
Waterstone Financial, Inc.
WSBF trails on the overall score without a compensating advantage in the available component scores.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
WSBF Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
WSBF's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like WSBF.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI has the edge over WSBF in the historical PE scenario, which offers more potential upside but is not a forecast.
WSBF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.7x | $11.46 | -43% |
| Forward | 10x | $20.14 | — |
| Fair | 12x | $20.71 | +2.8% |
| Current | 12x | $20.14 | — |
| Expensive | 21x | $35.11 | +74% |
Historical ranges are pointers, not guarantees.
WSBF's PE is in its fair range at 12x. On analysts' estimates for next year's earnings, today's price would be 10x.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
SOFI has the edge over WSBF on the outlook, with more favorable earnings and revenue expectations.
WSBF Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect WSBF's earnings and profitability to decline, with its revenue holding steady.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI earned $0.56 per share over the past year, about the same as the year before.
WSBF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.01 | +18% |
| Q2 2026 | $1.71 | +50% |
| Q1 2026 | $1.65 | +62% |
| Q4 2025 | $1.48 | +47% |
| Q3 2025 | $1.33 | +82% |
| Q2 2025 | $1.14 | +81% |
| Q1 2025 | $1.02 | +96% |
| Q4 2024 | $1.01 | +120% |
| Q3 2024 | $0.73 | +43% |
WSBF has the edge over SOFI on earnings, with more consistent year-over-year improvement.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI has the edge over WSBF on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI's operating margin was 23% last quarter, up 7.5 points from the same quarter a year ago, near the top of its range since 2021.
WSBF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $40.3M | +5.8% |
| Q1 2026 | $35.7M | +20% |
| Q4 2025 | $37.2M | +17% |
| Q3 2025 | $37M | +8.7% |
| Q2 2025 | $38M | +2.3% |
| Q1 2025 | $29.7M | -8.4% |
| Q4 2024 | $31.8M | +11% |
| Q3 2024 | $34.1M | -0.4% |
WSBF's revenue is recovering but still below its 2020 peak: $40M last quarter, up 5.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 26% | +1 points |
| Q1 2026 | 21% | +8.1 points |
| Q4 2025 | 27% | +7.6 points |
| Q3 2025 | 27% | +9.3 points |
| Q2 2025 | 25% | +6.2 points |
| Q1 2025 | 13% | -1.6 points |
| Q4 2024 | 19% | +22 points |
| Q3 2024 | 17% | +6.3 points |
WSBF has the edge over SOFI on profitability, with a higher operating margin.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
WSBF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $9.4M | +$47.9M |
| Q1 2026 | -$1.6M | -106% |
| Q4 2025 | $2.6M | -89% |
| Q3 2025 | $32.4M | -56% |
| Q2 2025 | -$38.5M | +$1.2M |
| Q1 2025 | $26.5M | +$36.8M |
| Q4 2024 | $23.1M | +$24.5M |
| Q3 2024 | $73.9M | +65% |
WSBF has the edge over SOFI on cash generation, producing positive trailing cash flow while its opponent burns cash.
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has 1.4B diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
WSBF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -246K shares |
| 1 year | -4.6% | -820K shares |
| 3 years | -16% | -3.2M shares |
| 5 years | -28% | -6.8M shares |
| Available history | -34% | -8.8M shares |
WSBF has the edge over SOFI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $3.7M |
| Q1 2026 | $4.4M |
| Q4 2025 | $2.7M |
| Q3 2025 | $3.8M |
| Q2 2025 | $6.5M |
| Q1 2025 | $3.2M |
| Q4 2024 | $2.8M |
| Q3 2024 | $999,000 |
WSBF spent $15M buying back its own shares over the past year, up 8.6% from the year before.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has the edge over WSBF on leverage, with a lower net debt burden relative to earnings.
WSBF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 9.2x | High |
| Q1 2026 | 9.4x | High |
| Q4 2025 | 9.7x | High |
| Q3 2025 | 13.1x | High |
| Q2 2025 | 14.2x | High |
| Q1 2025 | 13.9x | High |
| Q4 2024 | 15.5x | High |
| Q3 2024 | 32.9x | High |
WSBF's net debt is about 9.2 years of its operating earnings (EBITDA), down from 14 years a year ago. Net leverage isn't a meaningful measure for financial services companies like WSBF.
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
WSBF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.1 | Neutral |
| Stochastic | 26.1 | Neutral |
WSBF's weekly RSI is 54 (neutral) and its Stochastic is 26 (neutral).
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
WSBF PE vs Financial Services Sector
| Metric | WSBF | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 9.5% below |
| PE % | 44 | 63 | 19 pts below |
WSBF has the edge over SOFI on valuation relative to its sector.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.
WSBF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.9 | 1.2% above |
| 20 week MA | $20.4 | 1.1% below |
| 50 week MA | $18.9 | 6.4% above |
| 100 week MA | $16.4 | 23% above |
| 200 week MA | $15.0 | 34% above |
WSBF has the edge over SOFI on trend strength, trading above more of its moving averages.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.
WSBF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.2 | $18.6 | -3.1% |
| 2021 | $18.6 | $21.7 | +16% |
| 2022 | $21.7 | $16.9 | -22% |
| 2023 | $16.9 | $14.2 | -16% |
| 2024 | $14.2 | $13.4 | -5.5% |
| 2025 | $13.4 | $16.4 | +22% |
| 2026 YTD | $16.4 | $20.1 | +23% |
WSBF has the edge over SOFI on returns for 2026, with the stronger performance.