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

Finwise Bancorp

29/04/2022 06:40

* Finwise Bancorp  FINW.OQ  reported quarterly adjusted
earnings
of 76 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
61 cents per share.
    * Revenue was $25.76 million​;  analysts expected $23.57
million. 
    * Finwise Bancorp's reported EPS for the quarter was 76
cents​.
    * The mean earnings estimate of analysts had risen by
about 24.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Finwise Bancorp shares had fallen by 4.4% this quarter and
gained 18.9% so far this year.
    * The company reported quarterly net income of $10.27
million.
    * Wall Street's median 12-month price target for Finwise
Bancorp
is $22.75 
    * 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 April 29 at 05:40 a.m.  ​All
figures in US dollars unless otherwise stated