FinWise Bancorp(FINW) ZACKS·2024-10-30 17:21Core Viewpoint - FinWise Bancorp (FINW) shows potential as a solid investment due to notable revisions in earnings estimates, indicating an improving earnings outlook and a positive stock trend [1][2]. Current-Quarter Estimate Revisions - The expected earnings per share for the current quarter is 0.97, representing a decrease of 27.07% from the previous year - There has been a positive trend in estimate revisions for the current year, with one estimate moving up and no negative revisions, resulting in a 6.59% increase in the consensus estimate [5]. Favorable Zacks Rank - FinWise Bancorp currently holds a Zacks Rank 2 (Buy), attributed to promising estimate revisions, which historically correlate with stock performance - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [6]. Bottom Line - Strong estimate revisions have led to a 9.8% increase in the stock price over the past four weeks, suggesting further upside potential, making it a candidate for portfolio addition [7].