Finwise Bancorp reports results for the quarter ended in December - Earnings Summary

Finwise Bancorp

25/01/2023 22:50

* Finwise Bancorp  FINW.OQ  reported quarterly adjusted
earnings
of 49 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of 43 cents per share.
    * Revenue fell 8.1% to $22.42 million from a year ago;
analysts
expected $19.08 million. 
    * Finwise Bancorp's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Finwise Bancorp shares had fallen by 5.1% this quarter.
    * The company reported quarterly net income of $6.55
million.
    * Wall Street's median 12-month price target for Finwise
Bancorp
is $12.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.43           0.49           Beat
 Sep. 30 2022      0.36           0.27           Missed
 Jun. 30 2022      0.57           0.41           Missed
 Mar. 31 2022      0.61           0.76           Beat