FinWise Bancorp (FINW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - FinWise Bancorp reported revenue of $21.13 million for the quarter ended December 2024, reflecting a year-over-year increase of 3.6% [1] - The company's EPS was$ 0.20, down from $0.32 in the same quarter last year, with no EPS surprise as the consensus estimate was also$ 0.20 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $20.69 million by 2.14% [1] Financial Performance Metrics - Efficiency ratio was 64.2%, better than the estimated 69.1% by analysts [4] - Net charge-offs to average loans stood at 2.8%, slightly above the average estimate of 2.5% [4] - Non-Performing Loans totaled$ 36.43 million, lower than the estimated $40.47 million [4] - Net interest margin was reported at 10%, exceeding the average estimate of 9.7% [4] - Total Interest Earning Assets amounted to$ 617.74 million, below the average estimate of $624.87 million [4] - Total Non-Interest Income was$ 5.60 million, slightly above the average estimate of $5.50 million [4] - Net interest income reached$ 15.53 million, surpassing the average estimate of $15.20 million [4] Stock Performance - FinWise Bancorp shares returned +1.6% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]