FinWise Bancorp (NASDAQ:FINW) Announces Earnings Results, Misses Estimates By $0.07 EPS

Posted by Stephan Jacobs on Feb 5th, 2025

FinWise Bancorp (NASDAQ:FINW – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07), Zacks reports. FinWise Bancorp had a return on equity of 7.67% and a net margin of 13.23%.

FinWise Bancorp Trading Up 10.1 %

NASDAQ FINW opened at $19.69 on Wednesday. FinWise Bancorp has a 1-year low of $8.72 and a 1-year high of $20.50. The company has a 50 day moving average of $17.06 and a 200-day moving average of $15.53. The company has a market cap of $260.10 million, a price-to-earnings ratio of 20.95 and a beta of 0.80.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Piper Sandler raised their price objective on shares of FinWise Bancorp from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Stephens raised their price objective on shares of FinWise Bancorp from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Finally, Raymond James assumed coverage on shares of FinWise Bancorp in a research report on Wednesday, December 18th. They set an “outperform” rating and a $21.00 price objective for the company.

View Our Latest Research Report on FINW

FinWise Bancorp Company Profile

(Get Free Report)

FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company offers various deposit products, including interest and noninterest bearing demand accounts, health savings account demand deposits, NOW and money market accounts, and checking and savings accounts, as well as time deposits and certificates of deposits.