Core Points - FinWise Bancorp will report its fourth quarter and full year 2024 results on January 30, 2025, after market close [1] - A conference call will be held at 5:30 p.m. ET to discuss the financial results, with a toll-free dial-in number provided [2] - The conference call will also be available via webcast on the company's website, with a replay accessible for six months [3] Company Overview - FinWise Bancorp provides banking and payment solutions to fintech brands and is diversifying its business model by incorporating Payments and BIN Sponsorship offerings [5] - The company operates a Strategic Program Lending business through scalable API-driven infrastructure, supporting deposit, lending, and payment programs for leading fintech brands [5] - FinWise also manages various lending programs, including SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, aimed at disciplined balance sheet growth [5] - The company emphasizes compliance oversight and risk management to assist fintechs in navigating regulatory requirements [5]

Core Insights - FinWise Bancorp (FINW) shares increased by 5% to $19.53, with a notable trading volume, reflecting a 5.1% gain over the past four weeks [1] - The stock reached a new 52-week high of $20.50, driven by the company's strategic initiatives and focus on fintech needs, as discussed by CEO Kent Landvatter [2] - The upcoming quarterly earnings are projected at $0.27 per share, indicating a year-over-year decline of 15.6%, while revenues are expected to rise by 3.7% to $21.15 million [3] Earnings and Estimates - The consensus EPS estimate for FinWise Bancorp has remained stable over the last 30 days, suggesting that stock price movements may not sustain without earnings estimate revisions [4] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [4] Industry Context - FinWise Bancorp operates within the Zacks Banks - Southwest industry, alongside Private Bancorp of America, which has a Zacks Rank of 2 (Buy) and an unchanged EPS estimate of $1.60, reflecting a year-over-year increase of 17.7% [4][5]

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share FINW The NASDAQ Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 __________________________________________________ FORM 10-Q __________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TR ...

FinWise Bancorp (FINW) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 29th: Iamgold (IAG) : This international gold exploration and mining company based in Canada, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its cuurent year earnings increasing 35.9% over the last 60 days. Iamgold' shares gained 43.0% over the last three month compared with the S&P 500's gain of 6.5%. The company possesses a Momentum Score of A. Third Coast Bancs ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

FinWise Bancorp (NASDAQ:FINW) Q3 2024 Earnings Conference Call October 24, 2024 5:30 PM ET Company Participants Juan Arias - Head of Corporate Management and Investor Relations Kent Landvatter – CEO Jim Noone – President Bob Wahlman – CFO Conference Call Participants Andrew Liesch - Piper Sandler Andrew Terrell – Stephens Unknown Analyst – Unknown Company Operator Greetings and welcome to the FinWise Bancorp's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only m ...

FinWise Bancorp (FINW) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.24, delivering a surprise of 41.18%.Over the last four quarters, the company has ...

Exhibit 99.1 FINWISE BANCORP REPORTS THIRD QUARTER 2024 RESULTS - Net Income of $3.5 Million - - Diluted Earnings Per Share of $0.25 - - Loan Originations Increase to $1.4 Billion - MURRAY, UTAH — October 24, 2024 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights • Loan originations increased to $1.4 billion, compared to $1.2 billion for t ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...