FinWise Bancorp (NAS:FINW)

Q2 2026 Finwise Bancorp Earnings Call Transcript

Jul 29, 2026 / 09:00 PM GMT

Release Date Price: $14.1 (+1.00%)

Transcript 8-K

Key Points

Positve

Loan originations of $1.6 billion exceeded expectations of $1.4 billion, driven by diversified partner base.
Non-performing loan balances declined meaningfully from nearly $50 million to approximately $38 million, driven by collateral resolutions and paydowns.
Net interest margin improved to 13.69% from 12.90% in the prior quarter, aided by credit enhanced portfolio growth and lower funding costs.
Signed a new strategic partnership with a well-established prepaid card provider, expected to launch in Q4 2026.
Sales pipeline is materially stronger than prior years, with multiple new partner additions expected before year-end.

Negative

Earnings per share of $0.15 fell short of expectations due to higher provision expense on loans where credit risk is retained.
Total provision for credit losses surged to $22.7 million from $10.6 million in the prior quarter, with $6 million related to core portfolio deterioration.
Net charge-offs in the core portfolio were $5.2 million, slightly above the guided range of $4 to $5 million, concentrated in a legacy pool.
Credit enhanced balance growth guidance for year-end 2026 was withdrawn due to structural changes, including the Tally acquisition.
SBA net charge-offs increased to $2.9 million from $2.2 million, with elevated levels expected over the next few quarters as legacy credits are worked through.

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

FINW.OQ - Finwise Bancorp
Q2 2026 Finwise Bancorp Earnings Call
Jul 29, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings and welcome to the Finn Wise Bank Corp second quarter 2026 earnings conference call.

At this time, all participants are in a 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 turn the call over to the speakers, please go ahead.

Good afternoon and thank you for joining us today for Finwi Bancorp's second quarter 2026 earnings conference call.

Earlier today we filed our earnings relief and investor deck and posted them to our investor website at investors thinwisebancorp.com.

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.