FinWise Bancorp (NAS:FINW)

Q2 2025 Finwise Bancorp Earnings Call Transcript

Jul 24, 2025 / 09:00 PM GMT

Release Date Price: $15.66 (-2.91%)

Transcript 8-K

Key Points

Positve

FinWise Bancorp (FINW) reported strong loan originations, with a 17% increase quarter over quarter and a 27% increase from the same quarter last year.
The company's tangible book value per share increased, ending the quarter at 1,351 versus 1,342 in the prior quarter.
FinWise Bancorp (FINW) was recently added to the US small cap Russell 2000 index, indicating recognition and potential for increased investor interest.
SBA 7A loan originations increased by 24% quarter over quarter and over 140% from the same quarter last year, reflecting strong demand and growth in this segment.
The company is optimistic about the potential benefits of its bin and payment products, which are expected to enhance profitability by shifting the deposit mix away from higher-cost CDs.

Negative

Net interest margin declined to 7.81% from 8.27% in the prior quarter, primarily due to accrued interest reversals and the addition of lower-yielding loans.
Provision for credit losses increased to $4.7 million in Q2, up from $3.3 million in the prior quarter, indicating rising credit risk.
Quarterly net charge-offs rose to $2.8 million from $2.2 million in the prior quarter, reflecting increased loan defaults.
Non-performing assets (NPA) increased by $9.9 million to $39.7 million, with a significant portion of these balances being unguaranteed.
The company remains dependent on wholesale funding, which could lead to increased funding costs as market rates fluctuate.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

FINW.OQ - Finwise Bancorp
Q2 2025 Finwise Bancorp Earnings Call
Jul 24, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings and welcome to the Finwise Bank Corp 2nd quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press 0 on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Juan Arias, head of head of corporate development and IR. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good afternoon and thank you for joining us today for Finwise Bankrupt's 2nd quarter

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.