{"schema_version":"secwatch.filing_event.v1","accession":"0001856365-23-000008","form_type":"8-K","ticker":"FINW","cik":"0001856365","company_name":"Finwise Bancorp","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.293028+00:00","generated_at":"2026-06-16T09:26:26.209489+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FinWise Bancorp Q1 net income falls 59% YoY to $3.9M; originations halve to $0.9B","bullets":["Diluted EPS $0.29 vs $0.70 a year ago; net income $3.9M down from $9.4M.","Loan originations $0.9B, down from $1.2B Q4 2022 and $2.5B Q1 2022.","Net interest margin 12.51% vs 14.27% prior quarter; efficiency ratio 52.5% vs 36.7% YoY.","Noninterest income fell to $4.5M from $11.7M a year ago on lower gain-on-sale and strategic fees.","Asset quality stable: NPLs 0.2% of loans; net charge-offs $2.9M. Book value per share $11.26."],"urls":{"canonical":"https://secwatch.observer/filing/0001856365-23-000008","json":"https://secwatch.observer/filing/0001856365-23-000008.json","markdown":"https://secwatch.observer/filing/0001856365-23-000008.md","text":"https://secwatch.observer/filing/0001856365-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856365/000185636523000008/0001856365-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856365/000185636523000008/finw-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:26:26.209489+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5f59ede9f4331603d060ecb9dbe4062d4d6795d2","claim":"Finwise Bancorp reported first quarter of 2023 results: net income $3.9 million, EPS $0.29.","evidence_excerpt":"FINWISE BANCORP REPORTS FIRST QUARTER 2023 RESULTS - Net Income of $3.9 million for First Quarter of 2023- - Diluted Earnings Per Share of $0.29 for First Quarter of 2023-","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856365/000185636523000008/0001856365-23-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$3.9 million"},{"label":"EPS","value":"$0.29"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}