secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2026-07-29T20:17:10+00:00
Accession:  0001856365-26-000093
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Q2 net income falls to $2.1M, EPS $0.15; provision expense rises
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- Net income $2.1M, diluted EPS $0.15 vs $0.29 YoY and $0.20 QoQ.
- Loan originations $1.6B; net interest income $28.7M (up from $14.7M YoY).
- Nonperforming loans reduced to $37.7M from $49.8M QoQ; SBA-guaranteed NPLs $19.0M.
- Provision for credit losses $22.7M (core + credit enhanced) vs $10.6M QoQ and $4.7M YoY.
- Tangible book value per share $14.55; signed new prepaid card program and acquired Tallied Technologies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636526000093/0001856365-26-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636526000093/finw-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001856365-26-000093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer