FinWise Bancorp (FINW) Scheduled to Post Quarterly Earnings on Monday

FinWise Bancorp (NASDAQ:FINW) is set to release its earnings data after the market closes on Monday, April 29th. Analysts expect FinWise Bancorp to post earnings of $0.20 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

FinWise Bancorp (NASDAQ:FINW) last announced its earnings results on Monday, January 29th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. The firm had revenue of $20.40 million for the quarter, compared to analyst estimates of $18.68 million. FinWise Bancorp had a net margin of 20.39% and a return on equity of 11.69%. On average, analysts expect FinWise Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

FinWise Bancorp Trading Up 0.5 %

Shares of FINW opened at $10.65 on Friday. The firm’s 50-day moving average price is $9.87 and its 200-day moving average price is $11.15. The firm has a market capitalization of $136.53 million, a price-to-earnings ratio of 8.01 and a beta of 0.76. FinWise Bancorp has a 1-year low of $7.61 and a 1-year high of $14.98.

Analysts Set New Price Targets

Separately, Piper Sandler lifted their price target on shares of FinWise Bancorp from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, January 30th.

About FinWise Bancorp

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.