Total Assets
$46.6B
Total balance-sheet footings
FDIC Cert #26881 · Cottonwood Heights, Utah · Est. 1986
SoFi Bank, National Association - FDIC Bank Health Profile
One of the largest FDIC-insured institutions in the country, drawn straight from its quarterly Call Report to BankFind Suite.
- $46.6B
- Total assets
- A
- Health grade · Excellent
- 1.96%
- Return on assets
- 16.4%
- Tier 1 capital
Data updated July 2026
The verdict
SoFi Bank, National Association earns a PlainBankData health grade of A (93/100), with well-capitalized at 16.44% Tier 1, profitable at 1.96% ROA, 68% efficiency ratio.
- #52
- largest of 4,313 FDIC banks by assets
- 99th
- percentile by asset size, nationally
- 16.44%
- Tier 1 ratio - above the 10% well-capitalized line
- 90th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How SoFi Bank, National Association's 93/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
SoFi Bank, National Association's composite health score
Tier 1 Capital Ratio (16.44%) 40/40
Return on Assets (ROA) (1.96%) 25/25
Texas Ratio (0.55%) 20/20
Efficiency Ratio (68.09%) 8/15
93 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$39.7B
Customer-funded liabilities
Net Loans
$36.7B
Outstanding loan book
Net Income
$737M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where SoFi Bank, National Association ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. SoFi Bank, National Association's score of 93/100 falls in the highlighted band.
SoFi Bank, National Association's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). SoFi Bank, National Association's $46.6B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
16.44% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
16.44%
Texas Ratio
0.55%
Equity Capital
$6.0B
Profitability metrics
Return on Assets (ROA)
90th percentile nationally
1.96%
Return on Equity (ROE)
14.17%
Efficiency Ratio
68.09%
What the numbers say about SoFi Bank, National Association
SoFi Bank, National Association is an FDIC-insured institution (Certificate #26881) headquartered in Cottonwood Heights, Utah, established in 1986. It holds $46.6B in total assets - 52nd of 4,313 FDIC-insured banks, $39.7B in customer deposits, and $36.7B in net loans. Looking at capital strength, Tier 1 stands at 16.44%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 0.55%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of A (93/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
SoFi Bank, National Association's asset base places it among the largest FDIC-insured institutions in the country, 52nd of 4,313 nationally, and 7th of 42 banks headquartered in Utah. Only Zions Bancorporation ($89.0B) is larger within the state. At this scale, the bank's own capital and asset-quality trends are a meaningful signal for the regional banking sector, not just its own depositors.
Income & expense breakdown
$3.3B
Interest Income
$953M
Non-Interest Income
$2.2B
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. SoFi Bank, National Association reports a Texas Ratio of 0.55% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.55% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Utah by total assets
National size peers: banks closest to SoFi Bank, National Association by assets
SoFi Bank, National Association is closely matched in total assets by EverBank, Barclays Bank Delaware, Associated Bank, Raymond James Bank across 5 states -- its real national peer set, not just banks sharing a home state. Within that asset-matched cohort, the average ROA is 1.22%, versus SoFi Bank, National Association's own 1.96%; the average efficiency ratio is 52.05%, versus 68.09% here; and average Tier 1 capital sits at 19.74%, versus 16.44% at SoFi Bank, National Association. At this asset scale, banks are best benchmarked against one another by balance-sheet composition and capital discipline, not by shared geography.
At $46.6B in assets, SoFi Bank, National Association has crossed the $10 billion threshold at which the CFPB takes over direct supervision for consumer-protection compliance under Dodd-Frank Act Section 1025, rather than leaving that oversight solely to the bank's primary prudential regulator.
| Bank | State | Assets | ROA | Efficiency | Tier 1 |
|---|---|---|---|---|---|
| SoFi Bank, National Association (this bank) | UT | $46.6B | 1.96% | 68.09% | 16.44% |
| EverBank, National Association | FL | $46.0B | 0.72% | 56.37% | 12.37% |
| Barclays Bank Delaware | DE | $47.6B | 0.87% | 64.66% | 13.63% |
| Associated Bank, National Association | WI | $45.1B | 1.10% | 56.64% | 10.52% |
| Raymond James Bank | FL | $43.4B | 1.47% | 37.33% | 13.95% |
| First National Bank of Pennsylvania | PA | $50.0B | 1.29% | 51.65% | 11.37% |
| Deutsche Bank Trust Company Americas | NY | $43.0B | 1.86% | 45.65% | 56.62% |
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) SoFi Bank, National Association (FDIC Cert #26881) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Utah
All Utah banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Morgan Stanley Bank, National AssociationSalt Lake City | $253.3B | A | 1.86% |
| American Express National BankSandy | $211.3B | A | 3.89% |
| Ally BankSandy | $184.6B | A | 0.91% |
| UBS Bank USASalt Lake City | $119.3B | A | 1.13% |
| Synchrony BankDraper | $112.1B | A | 2.89% |
| Zions Bancorporation, N.A.Salt Lake City | $89.0B | B | 1.01% |
| Sallie Mae BankSalt Lake City | $29.7B | A | 2.90% |
| Optum Bank, Inc.Draper | $20.8B | A | 2.69% |
Frequently asked questions
What is SoFi Bank, National Association's health grade?▼
SoFi Bank, National Association receives a health grade of A (93/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is SoFi Bank, National Association?▼
SoFi Bank, National Association holds $46.6B in total assets and $39.7B in deposits, ranking 52nd of 4,313 FDIC-insured banks by asset size. It is headquartered in Cottonwood Heights, Utah.
Is my money safe at SoFi Bank, National Association?▼
Yes, deposits at SoFi Bank, National Association (Certificate #26881) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is SoFi Bank, National Association's Tier 1 Capital Ratio?▼
SoFi Bank, National Association has a Tier 1 Capital Ratio of 16.44%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for SoFi Bank, National Association?▼
SoFi Bank, National Association has a Texas Ratio of 0.55%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is SoFi Bank, National Association?▼
SoFi Bank, National Association has an Efficiency Ratio of 68.09%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read SoFi Bank, National Association's profile as a depositor or analyst.
- SoFi Bank, National Association's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare SoFi Bank, National Association against other Utah banks before moving funds. Utah banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.