---
schema_version: "secwatch.filing_event.v1"
accession: "0001856365-24-000049"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:22:43.551129+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FinWise Bancorp Q2 net income $3.2M, EPS $0.24; NPLs rise to $27.9M

## Summary
- Net income of $3.2M vs $4.6M YoY; diluted EPS $0.24 down from $0.35.
- Net interest income $14.6M, up from $13.7M YoY; loan originations $1.2B.
- Nonperforming loans $27.9M (6.5% of loans), vs $1.9M YoY; charge-offs $1.9M.
- Efficiency ratio 66.3% vs 52.7% YoY; ROAE 7.9% vs 12.8% YoY.
- Repurchased 44,608 shares for $0.5M; new initiatives include Payments partner and Payment Hub.

## SEC filing metadata
- accession: 0001856365-24-000049
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000185636524000049/0001856365-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000185636524000049/finw-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856365-24-000049
- JSON: https://secwatch.observer/filing/0001856365-24-000049.json
- Plain text: https://secwatch.observer/filing/0001856365-24-000049.txt

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