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

Finwise Bancorp

27/07/2022 23:33

* Finwise Bancorp  FINW.OQ  reported quarterly adjusted
earnings
of 41 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 57 cents
per share.
    * Revenue was $21.20 million​; analysts expected $22.69
million. 
    * Finwise Bancorp's reported EPS for the quarter was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Finwise Bancorp shares had risen by 0.6% this quarter and
lost 31.9% so far this year.
    * The company reported quarterly net income of $5.48
million.
    * Wall Street's median 12-month price target for Finwise
Bancorp
is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 10:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.57           0.41           Missed
 Mar. 31 2022      0.61           0.76           Beat
 Dec. 31 2021      0.56           0.99           Beat