FinWise Bancorp (NASDAQ:FINW - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.07), Zacks reports. FinWise Bancorp had a return on equity of 7.67% and a net margin of 13.23%.
FinWise Bancorp Trading Down 3.5 %
NASDAQ FINW traded down $0.64 during trading on Monday, reaching $17.89. 55,090 shares of the company's stock were exchanged, compared to its average volume of 18,742. FinWise Bancorp has a fifty-two week low of $8.72 and a fifty-two week high of $20.50. The company's fifty day simple moving average is $17.04 and its 200-day simple moving average is $15.47. The firm has a market capitalization of $236.33 million, a PE ratio of 19.03 and a beta of 0.80.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on FINW shares. Raymond James initiated coverage on FinWise Bancorp in a research note on Wednesday, December 18th. They issued an "outperform" rating and a $21.00 price target on the stock. Piper Sandler boosted their price target on shares of FinWise Bancorp from $20.00 to $22.00 and gave the company an "overweight" rating in a report on Friday. Finally, Stephens raised their price objective on shares of FinWise Bancorp from $20.00 to $22.00 and gave the stock an "overweight" rating in a research note on Friday.
View Our Latest Stock Analysis on FinWise Bancorp
FinWise Bancorp Company Profile
(
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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.
Further Reading
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