FinWise Bancorp·Financial Services

MURRAY, Utah, May 21, 2026 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced that its Board of Directors has authorized a common stock repurchase program to purchase up to 685,000 shares, or approximately 5% of issued and outstanding shares, as of May 19, 2026. Any repurchases made under the program will be made at the Company's discretion with an expiration of May 31, 2028.

FinWise Bancorp (FINW) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for FinWise Bancorp (FINW) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

FinWise Bancorp (FINW) came out with quarterly earnings of $0.2 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.23 per share a year ago.

- Loan Originations of $1.7 Billion - - Net Income of $2.7 Million - - Diluted Earnings Per Share of $0.20 - MURRAY, Utah, April 30, 2026 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise”, the “Company”, “we”, “our”, or “us”), parent company of FinWise Bank (the “Bank”), today announced results for the quarter ended March 31, 2026. First Quarter 2026 Highlights Loan originations totaled $1.7 billion, compared to $1.6 billion for the quarter ended December 31, 2025, and $1.3 billion for the first quarter of the prior year Net interest income was $28.1 million, compared to $24.6 million for the quarter ended December 31, 2025, and $14.3 million for the first quarter of the prior year Net income was $2.7 million, compared to $3.9 million for the quarter ended December 31, 2025, and $3.2 million for the first quarter of the prior year Diluted earnings per share (“EPS”) were $0.20 for the quarter, compared to $0.27 for the quarter ended December 31, 2025, and $0.23 for the first quarter of the prior year Efficiency ratio1 was 66.3%, compared to 50.5% for the quarter ended December 31, 2025, and 64.8% for the first quarter of the prior year Nonperforming loan balances were $49.8 million as of March 31, 2026, compared to $43.7 million as of December 31, 2025, and $29.9 million as of March 31, 2025.

First Bank (FRBA) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.37 per share a year ago.
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.
Financial Services
Banks - Regional
196
2021-11-19
0.75