Big Banks Are Still Paying 0.01% Interest. Here's Where to Earn 400x More on Your Savings

Impact · against what's priced in

The article provides no catalyst for the major banks or SoFi, as the low interest rates and high net income for JPM/BAC/WFC are already integral to their current valuation assumptions. While SoFi's APY is competitive, the specific temporary nature of the 'boost' creates a future rate cliff that does not bridge the gap toward the market's declined long-term growth targets.

SOFI+0.10

Not in the price yet

The price assumes

Whether SoFi can accelerate its fee-based Financial Services and Technology Platform revenue fast enough to offset a high-rate lending environment