---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-033501"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2025-06-30T23:59:59+00:00"
generated_at: "2026-05-18T14:43:04.946252+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FinWise Bancorp updates investors on Q1 2025; TBV $13.42, efficiency ratio 64.8%

## Summary
- TBV per share $13.42 at March 31, 2025, up from $12.70 a year earlier.
- Efficiency ratio (non-GAAP) rose to 64.8% in Q1 2025 from 61.0% in Q1 2024.
- Strategic Program Loans on balance sheet: $138.7M; gain on sale and fees contributed $5.1M in Q1.
- SBA loans on balance sheet $246.0M, with 61% guaranteed by the U.S. government.
- 196 FTEs as of Q1 2025; 37% in IT, compliance, risk management and BSA roles.

## SEC filing metadata
- accession: 0001628280-25-033501
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2025-06-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000162828025033501/0001628280-25-033501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000162828025033501/finw-20250630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-033501
- JSON: https://secwatch.observer/filing/0001628280-25-033501.json
- Plain text: https://secwatch.observer/filing/0001628280-25-033501.txt

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