Welcome to our dedicated page for Finwise Bancorp news (Ticker: FINW), a resource for investors and traders seeking the latest updates and insights on Finwise Bancorp stock.
The FinWise Bancorp Common (FINW) news page on Stock Titan aggregates company announcements, earnings releases and partnership updates for the parent of FinWise Bank. FinWise describes itself as a provider of banking and payments solutions to fintech brands, and its news flow reflects this focus on technology-enabled financial services and strategic program relationships.
Investors and analysts following FINW can use this page to review quarterly earnings reports, where the company discusses loan originations, net interest income, non-interest income, credit enhancement income, efficiency ratio and balance sheet trends. These releases also highlight developments in Strategic Program Lending, credit enhanced balances and the performance of SBA 7(a), owner occupied commercial real estate, leasing and other loan portfolios.
FinWise regularly issues press releases on strategic program agreements with fintech partners. Recent examples include agreements with DreamFi, Inc. to support underbanked communities through mobile banking and payments infrastructure, and with Backd Business Funding to provide business installment loans and access to the Credit Enhanced Balance Sheet Program. The company has also announced a program management, network issuer processor and servicer agreement with Tallied Technologies to deliver credit card products and processing solutions, where FinWise serves as issuing bank and provides compliance, risk oversight and credit enhanced balance sheet support.
Other news items cover payments and BIN sponsorship initiatives, the evolution of MoneyRails™ payments capabilities, and corporate milestones such as FinWise’s addition to the US small-cap Russell 2000® Index. Earnings call scheduling announcements and related investor presentation notices are also part of the regular news cycle.
By monitoring this FINW news feed, readers can track how FinWise’s strategic programs, fintech partnerships, lending portfolios and payments initiatives develop over time and how these factors are discussed in the company’s own communications.
FinWise Bancorp (NASDAQ: FINW) reported strong Q2 2025 results with net income of $4.1 million, up from $3.2 million in Q1 2025. The company achieved loan originations of $1.5 billion, marking increases from both the previous quarter ($1.3 billion) and prior year ($1.2 billion). Diluted EPS reached $0.29, improving from $0.23 in Q1 2025.
The bank's efficiency ratio improved to 59.5% from 64.8% in Q1, while net interest income grew to $14.7 million. However, nonperforming loans increased to $39.7 million, with $21.2 million guaranteed by the SBA. The company's strategy to reduce risk by focusing on higher-quality, lower-yielding loans resulted in a net interest margin of 7.81%, down from previous periods.
FinWise Bancorp (NASDAQ: FINW), parent company of FinWise Bank, has scheduled its second quarter 2025 earnings conference call and webcast for Thursday, July 24, 2025 after market close.
The earnings conference call will be held at 5:00 p.m. ET. Participants can join via phone using the dial-in numbers 1-877-423-9813 (toll-free) or 1-201-689-8573 (international) with conference ID 13754178. A live webcast will be available on the company's website, with a replay accessible for six months following the call.
Stakeholders can submit questions for consideration via email to investors@finwisebank.com prior to the call start time.
FinWise Bancorp (NASDAQ: FINW) announced its addition to the prestigious US small-cap Russell 2000® Index, effective June 30, 2025, as part of the 2025 Russell indexes reconstitution. The company's inclusion, which remains in place for one year, stems from its membership in the broader Russell 3000® Index. The stock will also be automatically added to corresponding growth and value indexes.
The Russell indexes serve as key benchmarks for investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against Russell US indexes as of June 2024. This inclusion represents a significant milestone for FinWise as it continues to execute its business strategy focused on long-term growth and shareholder value creation.
FinWise Bancorp reported its Q1 2025 results with loan originations of $1.3 billion and net income of $3.2 million, resulting in diluted earnings per share of $0.23. The company showed resilience despite market uncertainty, with net interest income at $14.3 million.
Key performance metrics include:
- Net interest margin of 8.27%
- Efficiency ratio of 64.8%
- Return on average assets of 1.7%
- Return on average equity of 7.4%
The bank's total assets grew to $804.1 million, up from $746.0 million in December 2024. Notably, nonperforming loan balances decreased to $29.9 million, with $15.1 million guaranteed by the SBA. The company maintained strong capital positions with a tangible book value per share of $13.42 and continues to focus on migrating its loan portfolio to a lower risk profile while maintaining profitable growth.
FinWise Bancorp has announced a new strategic partnership with fintech company Backd Business Funding to provide business installment loans to small and medium-sized (SMB) businesses. The collaboration includes access to FinWise's Credit Enhanced Balance Sheet program, offering capital efficiency and funding source diversification.
Backd, established in 2019, has demonstrated success in sectors like healthcare and e-commerce. The company serves the SMB market, which represents nearly 44% of overall GDP and approximately $734 billion of the digital lending and credit market. Through this partnership, Backd aims to scale its operations while leveraging FinWise's regulatory expertise.
The partnership highlights FinWise's multi-product offering capabilities and innovative lending solutions, with both companies expressing enthusiasm about the collaboration's potential impact on SMB financing.
FinWise Bancorp (NASDAQ: FINW) has announced it will release its first quarter 2025 financial results and host an earnings conference call on Wednesday, April 30, 2025 after market close. The conference call will begin at 5:30 p.m. ET, with dial-in options available at 1-877-423-9813 (toll-free) or 1-201-689-8573 (international), using conference ID 13752183.
The earnings webcast will be accessible through the company's website, with a replay available for six months following the call. Stakeholders can submit questions via email to investors@finwisebank.com prior to the call start time.
FinWise Bancorp (NASDAQ: FINW) has announced the appointment of Jim Noone as Chief Executive Officer of FinWise Bank, while maintaining his current position as Bank President. Kent Landvatter will continue as Chairman of the Board and CEO of FinWise Bancorp, as well as Executive Chairman of FinWise Bank.
Noone's promotion follows seven years of leadership at FinWise, including during the company's IPO. His career at the bank began in February 2018, progressing from Executive Vice President and Chief Credit Officer to Bank President in March 2023. He brings over 20 years of financial services experience spanning commercial banking, investment banking, and private equity.
During his tenure, Noone has been key in shaping strategic initiatives, developing infrastructure, and creating innovative banking products. He will continue working with Landvatter on the Bank's long-term strategy and market positioning to enhance shareholder value.
FinWise Bancorp (NASDAQ: FINW) reported its Q4 and full-year 2024 results. Key highlights include:
For Q4 2024:
- Loan originations: $1.3 billion
- Net interest income: $15.5 million
- Net income: $2.8 million
- Diluted EPS: $0.20
- Efficiency ratio: 64.2%
For Full Year 2024:
- Total loan originations: $5.0 billion
- Net income: $12.7 million
- Diluted EPS: $0.93
Notable metrics:
- Nonperforming loans increased to $36.4 million as of December 31, 2024
- Total assets grew to $746.0 million
- Leverage ratio remained strong at 20.6%
- Total deposits increased to $544.9 million
FinWise Bancorp (NASDAQ: FINW) has announced its upcoming fourth quarter and full year 2024 financial results conference call and webcast, scheduled for Thursday, January 30, 2025, after market close. The conference call will begin at 5:30 p.m. ET, with dial-in options available at 1-877-423-9813 (toll-free) or 1-201-689-8573 (international), using conference ID 13750402.
Participants are advised to dial in 10 minutes before the scheduled start time. The webcast will be accessible through the company's website, and a replay will remain available in the Investor Relations section for six months following the call. Stakeholders can submit questions via email to investors@finwisebank.com prior to the call's start time at 5:30 p.m. ET on January 30, 2025.
FinWise Bancorp reported Q3 2024 results with net income of $3.5 million, up from $3.2 million in Q2 2024 but down from $4.8 million in Q3 2023. Loan originations increased to $1.4 billion, compared to $1.2 billion in Q2 2024. Net interest income was $14.8 million, slightly up from $14.6 million in Q2 2024. The company's efficiency ratio increased to 67.5% from 66.3% in Q2 2024. Notably, nonperforming loans rose to $30.6 million, with $17.8 million guaranteed by the SBA. The Bank maintains strong capital levels with a leverage ratio of 20.3%, well above regulatory requirements.