SoFi Technologies, Inc. (NASDAQ:SOFI) UBS Global Technology and AI Conference December 4, 2024 2:55 PM ET
Company Participants
Chris Lapointe – Chief Financial Officer
Conference Call Participants
Timothy Chiodo – UBS
Timothy Chiodo
Okay, great. Welcome, everyone, to the UBS Global Technology and AI Conference. We’re very happy today to have with us the team from SoFi. Up on stage with us today is Chris Lapointe. Chris is the CFO of SoFi. Really appreciate you making the trip, Chris.
Chris Lapointe
Awesome. Thanks for having me, Tim.
Timothy Chiodo
All right. We’ve got a great lineup of topics that we’re going to attempt to cover in the 30 minutes that we have here. We’re going to start with talking a little bit about loan origination trends. Then we’re going to get into some more kind of Q4 quarter-to-date and more looking into the near-term revenue outlook. Then we’ll break it into some of the three kind of three sub segments. We’ll talk a little bit about lending. We’ll hit financial services. We’ll hit the tech platform and Galileo, and then we’ll wrap up with some more sort of financial results type of questions if we have time.
So with that, Chris, why don’t we kick things off and talk around loan origination volumes that were pretty strong in Q3, both on the student loan side and the home loan side. Over to you.
Chris Lapointe
Yeah, absolutely. So what I would say is we’ve had really good momentum in terms of origination throughout 2024 year-to-date. But as a reminder, our overall outlook on the pace of growth of our balance sheet has remained unchanged at seeing modest growth in nominal dollar terms for the year.
We’ve been able to maintain that outlook and still deliver really good returns across all
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