secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001856365-25-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Q1 net income $3.2M ($0.23 EPS); originations $1.3B; NPLs down to $29.9M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000024/0001856365-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000024/finw-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001856365-25-000024

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