FinWise Bancorp (FINW) Set to Announce Earnings on Thursday

FinWise Bancorp (NASDAQ:FINW) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect FinWise Bancorp to post earnings of $0.20 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

FinWise Bancorp (NASDAQ:FINW) last posted its earnings results on Thursday, July 25th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.07. FinWise Bancorp had a net margin of 16.64% and a return on equity of 9.75%. The firm had revenue of $23.26 million during the quarter, compared to analyst estimates of $19.49 million. During the same period last year, the firm posted $0.35 earnings per share. On average, analysts expect FinWise Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

FinWise Bancorp Stock Performance

Shares of FINW opened at $16.14 on Wednesday. The company’s fifty day moving average is $14.32 and its 200 day moving average is $11.98. FinWise Bancorp has a fifty-two week low of $8.31 and a fifty-two week high of $16.62. The stock has a market capitalization of $206.50 million, a PE ratio of 12.51 and a beta of 0.71.

FinWise Bancorp Company Profile

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.