---
schema_version: "secwatch.filing_event.v1"
accession: "0001856365-24-000035"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:25:42.309405+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FinWise Bancorp outlines fintech expansion with Payments Hub and BIN Sponsorship

## Summary
- Tangible book value per share reached $12.70 as of Q1 2024, up from $11.26 a year ago.
- Efficiency ratio improved to 52.5% in Q1 2024 from 60.6% in Q1 2023.
- Strategic Program loans on balance sheet $72.2M; SBA loans $247.8M as of 3/31/24.
- Company plans to launch Payments Hub and BIN Sponsorship to diversify revenue and drive growth.
- Total non-interest expense declined to $8.7M in Q1 2024 from $11.8M in Q1 2023.

## SEC filing metadata
- accession: 0001856365-24-000035
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- 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/1856365/000185636524000035/0001856365-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000185636524000035/finw-20240521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856365-24-000035
- JSON: https://secwatch.observer/filing/0001856365-24-000035.json
- Plain text: https://secwatch.observer/filing/0001856365-24-000035.txt

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