FinWise Bancorp (FINW) shares ended the last trading session 5.5% higher at $15.60. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.6% gain over the past four weeks. Shares of FinWise Bancorp touched a new 52-week high of $15.74 on Monday. The recent 50 basis points interest rate cut by the Federal Reserve led to an optimistic investor sentiment toward bank stocks. As rates go down, demand for loans is expected ...

Investors might want to bet on FinWise Bancorp (FINW) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. 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, etc. - ...

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 June 30, 2024 OR o TRANSIT ...

FinWise Bancorp (NASDAQ:FINW) Q2 2024 Earnings Conference Call July 25, 2024 5:30 PM ET Company Participants Kent Landvatter - CEO Jim Noone - President Bob Wahlman - CFO Juan Arias - Corporate Development & IR Conference Call Participants Andrew Liesch - Piper Sandler Andrew Terrell - Stephens Operator Good afternoon and thank you for joining us today for FinWise Bancorp's Second Quarter 2024 Earnings Conference Call. Earlier today, we filed our earnings release and posted it to our Investor website at inv ...

This quarterly report represents an earnings surprise of 41.18%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.25, delivering a surprise of 25%. FinWise Bancorp, which belongs to the Zacks Banks - Southwest industry, posted revenues of $19.45 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.19%. This compares to year-ago revenues of $18.96 million. The company has topped consensus revenue est ...

Exhibit 99.1 MURRAY, UTAH — July 25, 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 June 30, 2024. • Loan originations were $1.2 billion, compared to $1.1 billion for the quarter ended March 31, 2024, and $1.2 billion for the second quarter of the prior year • Net interest income was $14.6 million, compared to $14.0 million for the quarter ended March 31, 2024, and $13.7 million f ...

MURRAY, Utah, July 22, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ:FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced the expansion of its Board of Directors by appointing Susan Ehrlich to the Company's Board, effective immediately. Ms. Ehrlich has also been appointed to the Bank's Board of Directors. Ms. Ehrlich brings over 25 years of experience and successful achievements in lending, banking and payments across fintech, financial services and retail. She ...

About FinWise Bancorp Through its compliance oversight and risk management-first culture, the Company is also well positioned to guide fintechs through a rigorous process to ensure regulatory compliance. The ranking is based on the three-year return on average equity ("ROAE") as of December 31, 2023. The threeyear ROAE for Finwise Bancorp totaled 27%, well above the peer median of 10.91%. Its existing Strategic Program Lending business, done through scalable API-driven infrastructure, powers deposit, lendin ...

MURRAY, Utah, May 16, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ:FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced the launch of a new strategic lending program with Plannery, Inc. ("Plannery"). Plannery, based in San Mateo, CA and New York, NY, is a cutting-edge financial wellness platform that hospital systems can offer their employees to become and stay debt free. The FinWise loan product, in partnership with Plannery, allows hospital systems to offer ...