Finwise Bancorp reports results for the quarter ended June 30 - Earnings Summary
Finwise Bancorp reports results for the quarter ended June 30 - Earnings Summary
Finwise Bancorp FINW.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of three analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 21 cents to 29 cents per share.
Revenue rose 116.8% to $54.34 million from a year ago; analysts expected $47.11 million.
Finwise Bancorp's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $2.13 million.
Finwise Bancorp shares had fallen by 3.7% this quarter and lost 22.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 37.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Finwise Bancorp is $19.00, about 25.8% above its last closing price of $14.10
This summary was machine generated from LSEG data July 29 at 11:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.24 | 0.15 | Missed |
Mar. 31 2026 | 0.32 | 0.20 | Missed |
Dec. 31 2025 | 0.35 | 0.27 | Missed |
Sep. 30 2025 | 0.30 | 0.34 | Beat |
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