FinWise Bancorp (FINW) Set to Announce Earnings on Monday

FinWise Bancorp (NASDAQ:FINW) will announce its earnings results after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

FinWise Bancorp (NASDAQ:FINW) last issued its earnings results on Monday, January 29th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. The business had revenue of $20.40 million for the quarter, compared to the consensus estimate 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 Price Performance

Shares of FINW stock opened at $10.65 on Friday. The company has a market capitalization of $136.53 million, a P/E ratio of 7.99 and a beta of 0.76. The company’s 50-day simple moving average is $9.87 and its two-hundred day simple moving average is $11.14. FinWise Bancorp has a one year low of $7.61 and a one year high of $14.98.

Wall Street Analyst Weigh In

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

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 the United States. The company offers various deposit products, including interest and noninterest bearing demand, NOW, money market, and checking and savings accounts, as well as time deposits and certificates of deposits.