secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001856365-25-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Q3 net income $4.9M (+42% YoY); loan originations $1.8B; provision jumps to $12.8M
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- Diluted EPS $0.34 vs $0.29 QoQ and $0.25 YoY; net interest income $18.6M.
- Loan originations $1.8B, up 20% QoQ and 24% YoY; efficiency ratio improved to 47.6%.
- Provision for credit losses surged to $12.8M from $4.7M prior quarter; net charge-offs $3.1M.
- Nonperforming loans $42.8M (7.5% of HFI) vs $39.7M; allowance/loans ratio rose to 4.5%.
- Total assets hit record $899.9M; post-quarter strategic agreements with DreamFi and Tallied announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000042/0001856365-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000042/finw-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001856365-25-000042

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