FinWise Bancorp (FINW) to Release Quarterly Earnings on Wednesday

FinWise Bancorp (NASDAQ:FINW - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $22.38 million for the quarter.

FinWise Bancorp (NASDAQ:FINW - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07). FinWise Bancorp had a net margin of 13.23% and a return on equity of 7.67%. On average, analysts expect FinWise Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

FinWise Bancorp Price Performance

Shares of FinWise Bancorp stock opened at $15.18 on Wednesday. FinWise Bancorp has a 1-year low of $10.02 and a 1-year high of $20.94. The stock has a market cap of $200.62 million, a P/E ratio of 16.15 and a beta of 0.84. The stock's 50 day simple moving average is $17.14 and its 200-day simple moving average is $17.18.

Institutional Trading of FinWise Bancorp

An institutional investor recently raised its position in FinWise Bancorp stock. Bank of America Corp DE lifted its position in FinWise Bancorp (NASDAQ:FINW - Free Report) by 4,847.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,463 shares of the company's stock after buying an additional 3,393 shares during the quarter. Bank of America Corp DE's holdings in FinWise Bancorp were worth $55,000 at the end of the most recent reporting period. 35.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on FINW. Stephens lifted their price target on FinWise Bancorp from $20.00 to $22.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Piper Sandler raised their target price on FinWise Bancorp from $20.00 to $22.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Hovde Group began coverage on FinWise Bancorp in a report on Monday, April 14th. They set an "outperform" rating and a $19.00 price target for the company.

FinWise Bancorp Company Profile

FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company offers various deposit products, including interest and noninterest bearing demand accounts, health savings account demand deposits, NOW and money market accounts, and checking and savings accounts, as well as time deposits and certificates of deposits.

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