NEW YORK, December 29, 2025, 19:52 ET — After-hours
SoFi Technologies Inc (SOFI) shares closed down 0.9% on Monday and were little changed in after-hours trading, starting the final week of 2025 on a softer note. The stock was last at $26.82 after trading between $26.76 and $27.41, with about 25.1 million shares changing hands.
The rate backdrop matters for SoFi because it earns interest on loans and securities while paying deposit and funding costs. That spread, known as net interest margin, is a key driver of profitability for lenders.
Year-end sessions can also distort price action as many big investors step back and liquidity thins. Markets are looking ahead to early-January data for clearer signals on the Federal Reserve’s next move.
U.S. stocks ended lower on Monday, with the S&P 500 down 0.35% and the Nasdaq off 0.5%, while bank stocks also slid. Trading volumes were light, and investors were looking to Fed meeting minutes and weekly jobless claims; U.S. markets are closed on Thursday for New Year’s Day.
Treasury yields eased, with the 10-year yield around 4.114% and the two-year near 3.462% after data showed pending home sales rose 3.3% in November. Traders put the odds of a Fed rate cut at the January meeting at about 18.8%, and “We’ll have to wait until January to get first-tier data that might move the needle,” said AllianceBernstein economist Eric Winograd. A basis point is 0.01 percentage point. Fidelity Fixed Income
Funding markets showed typical year-end demand for cash. Banks borrowed $25.95 billion from the Fed’s standing repo facility, an overnight backstop that lends against government and mortgage bonds, Reuters reported.
SoFi has been shoring up capital after tapping the equity market earlier this month. The company sold 54.5 million shares at $27.50 in an underwritten offering that closed on Dec. 8, and said it would use the proceeds for general corporate purposes including enhancing its capital position, a filing showed.
The company has also been leaning into digital-asset plumbing. SoFi said on Dec. 18 that its bank began issuing SoFiUSD, a fully reserved U.S. dollar stablecoin, and that it intends to offer the infrastructure to banks, fintechs and enterprise partners.
Other consumer-fintech names were also lower late Monday, with Upstart down about 1.9% and LendingClub and Affirm off roughly 0.5% and 0.4%, respectively; Robinhood slipped about 0.6%.
SoFi has not confirmed its next earnings date, but Wall Street Horizon forecasts results on Jan. 26, 2026, before the market opens. Investors will watch for loan growth, credit performance and any update on funding costs into 2026.
With the stock trading below the $27.50 offering price, traders will be watching whether it can reclaim that level when volumes return in January.
