FINW icon

FinWise Bancorp

15.95 USD
+0.09
0.57%
Updated Dec 24, 11:25 AM EST
1 day
0.57%
5 days
-15.96%
1 month
-11.63%
3 months
8.58%
6 months
57.76%
Year to date
9.32%
1 year
16.85%
5 years
25.29%
10 years
25.29%
 

About: FinWise Bancorp is an independent bank that provides a full range of banking services to individual and corporate customers. The bank's primary source of revenue is from loans including Small Business Administration, commercial, commercial real estate, residential real estate, and consumer. The Bank also has established Strategic Programs with various third-party loan origination platforms that use technology to streamline the origination of unsecured consumer and secured or unsecured business loans to borrowers within certain approved credit profiles.

Employees: 162

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

73% more capital invested

Capital invested by funds: $29.8M [Q2] → $51.4M (+$21.6M) [Q3]

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

3% more funds holding

Funds holding: 30 [Q2] → 31 (+1) [Q3]

2.14% more ownership

Funds ownership: 22.8% [Q2] → 24.94% (+2.14%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
13%
upside
Avg. target
$19.50
22%
upside
High target
$21
32%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Raymond James
Joseph Yanchunis
0% 1-year accuracy
0 / 1 met price target
32%upside
$21
Outperform
Initiated
18 Dec 2024
Stephens & Co.
Brody Preston
71% 1-year accuracy
5 / 7 met price target
13%upside
$18
Overweight
Maintained
29 Oct 2024

Financial journalist opinion

Based on 3 articles about FINW published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Strength Seen in FinWise Bancorp (FINW): Can Its 5.0% Jump Turn into More Strength?
FinWise Bancorp (FINW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Strength Seen in FinWise Bancorp (FINW): Can Its 5.0% Jump Turn into More Strength?
Positive
MarketBeat
1 week ago
FinWise Bancorp's CEO Talks Strategy Behind Fintech Success
FinWise Bancorp NASDAQ: FINW has emerged as a success story in the fintech banking sector. FinWise Bancorp's stock price has more than doubled in the last year, going from a low of around $8 to currently over $18.00.
FinWise Bancorp's CEO Talks Strategy Behind Fintech Success
Positive
Seeking Alpha
2 weeks ago
FinWise Bancorp: Pricey For A Reason
FinWise Bancorp's unique business model, focusing on strategic growth areas and fintech partnerships, justifies its premium valuation despite being more expensive than typical financial firms. The bank's impressive growth in deposits and loans, coupled with its asset-light approach, contributes to its high return on assets, making it a compelling investment. Despite declining net income and net interest margin, FinWise's diversification into lower-risk loans and innovative services like MoneyRails and BIN Sponsorship offer significant long-term potential.
FinWise Bancorp: Pricey For A Reason
Positive
Zacks Investment Research
1 month ago
Earnings Estimates Moving Higher for FinWise Bancorp (FINW): Time to Buy?
FinWise Bancorp (FINW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Earnings Estimates Moving Higher for FinWise Bancorp (FINW): Time to Buy?
Positive
Zacks Investment Research
1 month ago
Best Momentum Stock to Buy for October 29th
IAG, TCBX and FINW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 29, 2024.
Best Momentum Stock to Buy for October 29th
Positive
Zacks Investment Research
1 month ago
Recent Price Trend in FinWise Bancorp (FINW) is Your Friend, Here's Why
FinWise Bancorp (FINW) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Recent Price Trend in FinWise Bancorp (FINW) is Your Friend, Here's Why
Neutral
Seeking Alpha
1 month ago
FinWise Bancorp (FINW) Q3 2024 Earnings Call Transcript
FinWise Bancorp (NASDAQ:FINW ) Q3 2024 Earnings Conference Call October 24, 2024 5:30 PM ET Company Participants Juan Arias - Head of Corporate Management and Investor Relations Kent Landvatter – CEO Jim Noone – President Bob Wahlman – CFO Conference Call Participants Andrew Liesch - Piper Sandler Andrew Terrell – Stephens Unknown Analyst – Unknown Company Operator Greetings and welcome to the FinWise Bancorp's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
FinWise Bancorp (FINW) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
FinWise Bancorp (FINW) Surpasses Q3 Earnings and Revenue Estimates
FinWise Bancorp (FINW) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.37 per share a year ago.
FinWise Bancorp (FINW) Surpasses Q3 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
2 months ago
FinWise Bancorp Reports Third Quarter 2024 Results
- Net Income of $3.5 Million - - Diluted Earnings Per Share of $0.25 - - Loan Originations Increase to $1.4 Billion - MURRAY, Utah, Oct. 24, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Loan originations increased to $1.4 billion, compared to $1.2 billion for the quarter ended June 30, 2024, and $1.1 billion for the third quarter of the prior year Net interest income was $14.8 million, compared to $14.6 million for the quarter ended June 30, 2024, and $14.4 million for the third quarter of the prior year Net income was $3.5 million, compared to $3.2 million for the quarter ended June 30, 2024, and $4.8 million for the third quarter of the prior year Diluted earnings per share (“EPS”) were $0.25 for the quarter, compared to $0.24 for the quarter ended June 30, 2024, and $0.37 for the third quarter of the prior year Efficiency ratio1 was 67.5%, compared to 66.3% for the quarter ended June 30, 2024, and 50.4% for the third quarter of the prior year Annualized return on average equity was 8.3%, compared to 7.9% for the quarter ended June 30, 2024, and 12.8% for the third quarter of the prior year The recorded balances of nonperforming loans were $30.6 million as of September 30, 2024, compared to $27.9 million as of June 30, 2024, and $10.7 million as of September 30, 2023.
FinWise Bancorp Reports Third Quarter 2024 Results
Positive
Zacks Investment Research
2 months ago
5 Stocks With Recent Price Strength to Tap Wall Street Rally
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are IDR, QFIN, SEZL, CORT, FINW.
5 Stocks With Recent Price Strength to Tap Wall Street Rally
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