FinWise Bancorp Q1 2026 Earnings Release

FinWise Bancorp reported its financial results for the first quarter ended March 31, 2026. The company saw loan originations increase to $1.7 billion, up 38% year-over-year. Net interest income rose to $28.1 million, while net income was $2.7 million, with diluted earnings per share at $0.20. The efficiency ratio stood at 66.3%. Nonperforming loan balances increased to $49.8 million. The company highlighted growth in its credit-enhanced lending program, which diversifies funding sources and improves capital efficiency. Despite elevated net charge-offs, particularly in legacy SBA credits, FinWise Bancorp expects its partner pipeline to strengthen and the platform to scale, focusing on disciplined execution and long-term shareholder value.