earnings
confidence high
sentiment positive
materiality 0.70
FinWise Q1 net income $3.2M ($0.23 EPS); originations $1.3B; NPLs down to $29.9M
Finwise Bancorp
2025-Q1 EPS reported
$0.23
- Net income $3.2M vs $2.8M prior Q and $3.3M year ago; diluted EPS $0.23.
- Loan originations $1.3B, flat QoQ and up from $1.1B year ago.
- Net interest margin 8.27%, down from 10.00% prior Q and 10.12% year ago.
- Nonperforming loans fell to $29.9M (6.1% of HFI) from $36.5M (7.8%) at Dec 2024.
- Post-quarter: new strategic program agreement for lending and credit enhanced product.