---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-002736"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:47:20.818007+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FinWise Q4 net income $6.5M ($0.49 EPS), down 35% YoY; loan originations fall to $1.2B

## Summary
- Net income $6.5M ($0.49 diluted EPS) vs $10.1M ($0.90) in Q4 2021, a 35% decline.
- Loan originations $1.2B, down from $2.3B YoY and $1.5B in Q3 2022.
- Net interest margin narrowed to 14.27% from 16.62% YoY; cost of deposits rose to 1.98%.
- Allowance for loan losses to total loans at 4.6%; net charge-offs $3.2M vs $2.3M YoY.
- Nonperforming loans minimal at 0.1% of total loans; tangible book value $10.95/share.

## SEC filing metadata
- accession: 0001140361-23-002736
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000114036123002736/0001140361-23-002736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000114036123002736/brhc10046916_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-002736
- JSON: https://secwatch.observer/filing/0001140361-23-002736.json
- Plain text: https://secwatch.observer/filing/0001140361-23-002736.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.