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FinWise Bancorp - FINW STOCK NEWS

Welcome to our dedicated news page for FinWise Bancorp (Ticker: FINW), a resource for investors and traders seeking the latest updates and insights on FinWise Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FinWise Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FinWise Bancorp's position in the market.

Rhea-AI Summary
FinWise Bancorp (NASDAQ: FINW) will report its first quarter 2024 results on April 29, 2024, followed by a webcast and conference call. The webcast and call details are provided, including the dial-in number and submission of questions via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
conferences earnings
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Rhea-AI Summary
FinWise Bancorp appoints Jim Noone as President and Robert Wahlman as CFO, enhancing leadership for growth and expansion. Mr. Wahlman brings 35 years of banking experience, focusing on financial skills and industry expertise. The company aims to launch Payments Hub and BIN Sponsorship offerings for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
management
-
Rhea-AI Summary
FinWise Bancorp (NASDAQ: FINW) announces a common stock repurchase program to buy back up to 641,832 shares, around 5% of outstanding shares, till March 31, 2026. The move reflects the company's strong financial position and commitment to shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.26%
Tags
buyback
Rhea-AI Summary
Hank Payments Corp. and FinWise Bank announce a customer origination program agreement to enhance consumer financial capabilities. The partnership aims to improve payment processing, cash management, and credit access through innovative technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
partnership
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Rhea-AI Summary
Earnest partners with FinWise Bank to offer Private Student Loans, emphasizing affordable and responsible financing. The collaboration aims to provide innovative solutions for students and families seeking education funding, backed by FinWise Bank's regulatory expertise and Earnest's exceptional customer support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
partnership
-
Rhea-AI Summary
FinWise Bancorp (NASDAQ: FINW) has promoted Robert Keil and Richard Thiessens to Executive Vice Presidents, highlighting the company's commitment to delivering on strategic initiatives. Chief Fintech Officer Robert Keil and Chief Technology Officer Richard Thiessens will now hold the added title of Executive Vice President. Both leaders have extensive experience in the banking and fintech industry, with Keil previously serving as SVP and Chief Payments Officer at Sutton Bank and Thiessens co-founding Array Technology, which was later acquired by Sophos. The promotions are expected to drive innovation and provide differentiated solutions to FinWise's current and future customers, contributing to the company's mission to become an integrated Banking-as-a-Service provider.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.77%
Tags
none
Rhea-AI Summary
FinWise Bancorp (NASDAQ: FINW) reported a net income of $4.2 million for the fourth quarter of 2023 with diluted earnings per share of $0.32. Loan originations were $1.2 billion, net interest income was $14.4 million, and non-performing loans were $27.1 million. The company's ongoing strategy aims to drive profitable growth through existing businesses and build strategic initiatives, including Payments Hub and BIN Sponsorship businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.3%
Tags
-
Rhea-AI Summary
FinWise Bancorp (NASDAQ: FINW) will report its Q4 and full year 2023 results on January 29, 2024, followed by a webcast and conference call. The webcast will be available on the company's website, and a replay will be accessible for six months. The conference call will discuss financial results and accept questions from analysts and via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
conferences
-
Rhea-AI Summary
FinWise Bancorp announces net income of $4.8 million for Q3 2023, with diluted earnings per share of $0.37. Loan originations decrease compared to previous quarter. Net interest income and efficiency ratio improve. Non-performing loans ratio increases. Company expects challenging environment and industry-wide slowdown in loan originations to persist.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
FinWise Bancorp to report Q3 2023 results and host earnings call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
conferences earnings
FinWise Bancorp

Nasdaq:FINW

FINW Rankings

FINW Stock Data

180.41M
8.13M
30.62%
20.87%
0.16%
Banks - Regional
Financial Services
Link
United States
Murray