Finwise Bancorp ( (FINW) ) has released its Q2 earnings. Here is a breakdown of the information Finwise Bancorp presented to its investors.
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FinWise Bancorp, a Utah-based bank holding company, specializes in providing banking and payment solutions to fintech brands through its subsidiary, FinWise Bank. The company operates in the financial services sector, leveraging API-driven infrastructure to support deposit, lending, and payment programs.
In its second quarter of 2025, FinWise Bancorp reported a net income of $4.1 million and loan originations totaling $1.5 billion. The company also achieved diluted earnings per share of $0.29, reflecting an increase from the previous quarter and the same period last year.
Key financial metrics for the quarter included a net interest income of $14.7 million and a net interest margin of 7.81%. The company also reported an efficiency ratio of 59.5%, showing improved productivity. However, nonperforming loan balances increased to $39.7 million, influenced by elevated interest rates impacting small business borrowers.
FinWise Bancorp’s management remains optimistic about the company’s growth trajectory, emphasizing the successful execution of its growth strategy and infrastructure investments. The company aims to continue expanding its loan portfolio with higher quality, lower risk assets to support long-term growth and shareholder value.