FINW · Finwise Bancorp
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 29, 2026TL;DR. FinWise reported Q2 EPS of $0.15, below expectations, driven by a $22.7M provision for credit losses; originations of $1.6B beat $1.4B guidance, NIM expanded to 13.69%, NPLs declined to $37.7M, the company signed a new prepaid card strategic partnership (expected Q4 launch), and acquired the Tallied credit card tech platform.
- + Loan originations of $1.6B exceeded guidance of $1.4B and were up ~8% year-over-year
- + Net interest margin expanded to 13.69% from 12.90% sequentially
- + Nonperforming loan balances declined to $37.7M from $49.8M sequentially
- + Tangible book value per share grew to $14.55 from $14.34 sequentially
- − Q2 EPS of $0.15 missed expectations due to elevated credit provisions
- − Total provision for credit losses increased to $22.7M from $10.6M sequentially
- − Core portfolio net charge-offs of $5.2M came in above the guided $4-5M range
- − Prior credit-enhanced balance guidance of ~$217M by year-end 2026 withdrawn
- − SBA charge-offs expected to remain elevated over the next few quarters from legacy credits
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average yield on LHFI net of credit enhancement program expenses non-GAAP | 9.54% | Three Months Ended June 30, 2026 filing | — |
| Net interest income net of credit enhancement program expenses non-GAAP | $15.46M | Three Months Ended June 30, 2026 filing | — |
| Net interest margin net of credit enhancement program expenses non-GAAP | 7.36% | Three Months Ended June 30, 2026 filing | — |
| Total allowance for credit losses | $48.13M | three months ended June 30, 2026 filing | — |
| Total interest income on LHFI net of credit enhancement program expenses non-GAAP | $14.04M | Three Months Ended June 30, 2026 filing | — |
| Total non-interest expense less credit enhancement program expenses non-GAAP | $15.58M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Total non-interest expense 28.86M
-13.29M Less: credit enhancement program expenses
= Total non-interest expense less credit enhancement program expenses 15.58M
|
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| Total non-interest income less credit enhancement income non-GAAP | $8.92M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Total non-interest income 25.59M
-16.68M Less: credit enhancement income
= Total non-interest income less credit enhancement income 8.92M
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FINW
this stock
Finwise Bancorp
|
$157.15M | -37.7% | — | 11.8 | 1.0% |
|
MFG
Mizuho Financial Group Inc
|
$133.98B | +48.8% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$118.26B | -38.9% | -3.2% | — | 0.7% |
|
CIXPF
CaixaBank/ADR
|
$103.83B | +26.7% | — | — | 0.1% |
|
IBN
Icici Bank Ltd
|
$100.21B | -7.9% | — | — | 0.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FINW | -1.3% | -20.2% | -32.0% | +0.3% | -37.7% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -1.1% | -19.8% | -44.2% | -0.7% | -50.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.