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

Finwise Bancorp

26/10/2022 23:35

* Finwise Bancorp  FINW.OQ  reported quarterly adjusted
earnings
of 27 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue was $20.04 million​; analysts expected $19.02
million. 
    * Finwise Bancorp's reported EPS for the quarter was 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Finwise Bancorp shares had fallen by 4.9% this quarter and
lost 37.7% so far this year.
    * The company reported quarterly net income of $3.65
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 October
26 at 10:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.36           0.27           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