FinWise Bancorp (FINW) to Release Quarterly Earnings on Wednesday

FinWise Bancorp (NASDAQ:FINW) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $22.38 million for the quarter.

FinWise Bancorp (NASDAQ:FINW) last released its quarterly earnings data on Monday, February 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07). FinWise Bancorp had a return on equity of 7.67% and a net margin of 13.23%. On average, analysts expect FinWise Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

FinWise Bancorp Trading Up 4.3 %

Shares of FINW stock opened at $15.18 on Wednesday. The company has a market cap of $200.62 million, a P/E ratio of 16.15 and a beta of 0.84. The firm has a fifty day moving average price of $17.14 and a 200 day moving average price of $17.18. FinWise Bancorp has a 12 month low of $10.02 and a 12 month high of $20.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FinWise Bancorp stock. Bank of America Corp DE raised its stake in shares of FinWise Bancorp (NASDAQ:FINW) by 4,847.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,463 shares of the company’s stock after acquiring an additional 3,393 shares during the period. Bank of America Corp DE’s holdings in FinWise Bancorp were worth $55,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FINW shares. Hovde Group assumed coverage on FinWise Bancorp in a report on Monday, April 14th. They issued an “outperform” rating and a $19.00 price objective on the stock. Stephens boosted their price target on shares of FinWise Bancorp from $20.00 to $22.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Finally, Piper Sandler lifted their target price on FinWise Bancorp from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st.

About FinWise Bancorp

FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company offers various deposit products, including interest and noninterest bearing demand accounts, health savings account demand deposits, NOW and money market accounts, and checking and savings accounts, as well as time deposits and certificates of deposits.