FinWise Bancorp (FINW) Meets Q4 Earnings Estimates

Core Viewpoint - FinWise Bancorp reported quarterly earnings of $0.20 per share, matching the Zacks Consensus Estimate, but down from$0.32 per share a year ago [1] - The company posted revenues of $21.13 million for the quarter, exceeding the Zacks Consensus Estimate by 2.14$20.4 million year-over-year [2] Earnings Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [1] - FinWise Bancorp's shares have increased approximately 1.6% since the beginning of the year, compared to a 2.7% gain for the S&P 500 [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of$20.78 million, and for the current fiscal year, it is $0.90 on revenues of$89.63 million [7] - The estimate revisions trend for FinWise Bancorp is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Banks - Southwest industry, to which FinWise Bancorp belongs, is currently in the top 4% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]