Streetbeat News

FINW

FinWise Bancorp

https://www.finwisebancorp.com

Industry

Banks - Regional

FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers. It offers various deposit products, including interest and noninterest bearing demand, NOW, money market, and checking and savings accounts, as well as time deposits and certificates of deposits. The company also provides small business administration, residential and commercial real estate, consumer, and commercial non-real estate loans. In addition, it offers debit cards, remote deposit capture, online banking, mobile banking, and direct deposit services; and cash management and treasury services. The company operates one full-service banking location in Sandy, Utah; and a loan production office in Rockville Centre, New York. FinWise Bancorp was founded in 1999 and is headquartered in Murray, Utah.

Open

17.70

Mkt cap

234M

Volume

9.5K

High

17.70

P/E Ratio

14.98

52-wk high

17.98

Low

17.51

Div yield

N/A

52-wk low

8.72

Stephens & Co. analyst Brody Preston maintains an Overweight rating on FinWise (NASDAQ:FINW) and raises the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:20 pm

FinWise reported Q3 2024 earnings of $0.25 per share, surpassing the analyst estimate of $0.21. The company's sales were $20.817 million, exceeding the expected $20.459 million and marking a 5.99% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:34 pm

FinWise (NASDAQ:FINW) reported Q2 2024 earnings per share (EPS) of $0.24, beating the analyst estimate of $0.18 by 33.33%. However, sales of $19.453 million slightly missed the estimate of $19.454 million. EPS decreased by 31.43% year-over-year, while sales increased by 2.58%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:47 pm

FinWise Bancorp and Plannery have announced the launch of a strategic lending program aimed at expanding their financial services. This collaboration is expected to enhance FinWise Bancorp's lending capabilities and market reach.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:20 pm

FinWise reported Q1 2024 earnings of $0.25 per share, surpassing the $0.23 estimate, but its sales of $19.470M fell short of the $19.567M forecast. This represents a 13.79% decrease in earnings per share and a 17.06% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 9:02 pm

Finwise Bancorp has appointed Robert Wahlman as its new Chief Financial Officer, effective immediately. This strategic move could signal a new direction or focus for the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:24 am

FinWise Bancorp has announced a new share repurchase program, authorizing the repurchase of up to 641,832 shares. This move is part of the company's strategy to manage its capital efficiently and potentially increase shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 1:04 pm

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on FinWise (NASDAQ:FINW) and increased the price target from $15 to $17. The report was released on January 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:24 pm

FinWise Bancorp (NASDAQ: FINW) reported Q4 earnings of $0.32 per share, surpassing the consensus estimate of $0.31 by 3.23%. However, this represents a 34.69% decrease from the previous year's earnings of $0.49 per share. The company's quarterly sales were $20.40 million, exceeding estimates of $18.82 million by 8.41%, but marking a 9.00% decline from the $22.42 million reported in the same period last year.

Portfolio Pulse from mahesh@benzinga.com

January 29, 2024 | 10:22 pm

FinWise (NASDAQ:FINW) reported Q4 2023 adjusted earnings per share (EPS) of $0.32, surpassing the analyst consensus estimate of $0.31 by 3.23%.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:01 pm

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