SoFi Technologies raised its full-year guidance on Tuesday, with CEO Anthony Noto citing the fintech's "durable growth" in the March quarter.

Quarterly earnings of six cents a share came in above the three cents a share analysts expected, according to FactSet. Adjusted net revenue grew 33% to $772 million, marking SoFi's highest growth rate in five quarters and topping Wall Street's call for $739 million.

Shares were briefly up 9.2% in morning trading.

The company saw strength across all its business segments, notably financial services, which grew 101% to $303 million in the quarter.

Total loan originations reached $7.2 billion, with $1.6 billion originated in the first quarter. Home loan originations increased 54%, driven partially by a new home equity offering that was launched within the past year.

Fee-based revenue grew 67% to a record $315 million. While SoFi has moved beyond its original focus on student loan refinancing, the company continues to see growth in that area as well, with student loan originations increasing 59% to $1.2 billion.

The company boosted its 2025 outlook on the back of "strong momentum in the first quarter."

Management guided for adjusted net revenue of $3.235 billion to $3.310 billion, versus an earlier range of $3.2 billion to $3.275 billion. Earnings are now expected to come in between 27 and 28 cents a share, above prior guidance of 25 to 27 cents a share.

SoFi also forecast adjusted earning before interest, taxes, depreciation, and amortization of $875 million to $895 million, up from $845 million to $865 million.

CEO Noto said the company was "off to a tremendous start" for the year.

"These results demonstrate the strength of SoFi's unique strategy, combination of businesses, and product architecture, which give us a sustainable competitive advantage with the highest lifetime value per member," Noto added.