SoFi (NASDAQ:SOFI) stock is down by about 30% so far this year. That comes despite an impressive first- quarter earnings report that saw revenue grow by 37% year-over-year (YOY) to $645 million. Meanwhile, diluted EPS attributable to common stockholders was 2 cents compared to a loss of 5 cents a year ago. In other words, SoFi is profitable — a key goal for any publicly traded company. The SOFI stock bears argue that the company should be valued as a bank. SoFi announced in January 2022 that the Office of t ...