earnings
confidence high
sentiment positive
materiality 0.50
FinWise Bancorp Q1 2023 net income $3.9M; ROAA 3.8%
Finwise Bancorp
2023-Q1 EPS reported
$0.29
- Total assets $442.3M as of March 31, 2023; Q1 net income $3.9M.
- ROAE 11.1%, ROAA 3.8% (annualized Q1 2023).
- Strategic Programs 61.2% of gross revenue; SBA 7(a) 24.2%.
- Allowance for loan losses 4.0% of total loans; net charge-offs low.
- Tangible book value per share $9.72; no goodwill or intangibles.