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GlobeNewsWire
3 months ago
FinWise Bancorp Reports Second Quarter 2025 Results
- Loan Originations of $1.5 Billion - - Net Income of $4.1 Million - - Diluted Earnings Per Share of $0.29 - MURRAY, Utah, July 24, 2025 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced results for the quarter ended June 30, 2025. Second Quarter 2025 Highlights Loan originations totaled $1.5 billion, compared to $1.3 billion for the quarter ended March 31, 2025, and $1.2 billion for the second quarter of the prior year Net interest income was $14.7 million, compared to $14.3 million for the quarter ended March 31, 2025, and $14.6 million for the second quarter of the prior year Net income was $4.1 million, compared to $3.2 million for the quarter ended March 31, 2025, and $3.2 million for the second quarter of the prior year Diluted earnings per share (“EPS”) were $0.29 for the quarter, compared to $0.23 for the quarter ended March 31, 2025, and $0.24 for the second quarter of the prior year Efficiency ratio1 was 59.5%, compared to 64.8% for the quarter ended March 31, 2025, and 66.8% for the second quarter of the prior year Nonperforming loan balances were $39.7 million as of June 30, 2025, compared to $29.9 million as of March 31, 2025, and $27.9 million as of June 30, 2024.