FinWise Bancorp (FINW)
Runs a Utah bank behind national lending, card, and payments programs.
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Operates one Utah-chartered bank that pairs local deposits and lending with nationwide Strategic Program, BaaS, card, and payments relationships. Revenue depends heavily on partner platforms, while compliance, vendor oversight, and bank-regulatory exams shape how those programs scale.
Combines traditional banking, banking as a service, and treasury & administration through FinWise Bank, a Utah-chartered bank with one full-service location in Sandy. The lending book spans Strategic Programs, SBA 7(a), residential and owner-occupied commercial real estate, equipment financing, deposits, BIN sponsorship, and MoneyRails payments.
Uses partner platforms to originate consumer and small-business loans nationally, while local banking remains tied to Utah and the Salt Lake City area. Execution centers on matching a bank charter, credit review, compliance oversight, and fintech distribution.
Strategic Program agreements are non-exclusive, and providers can work with competing banks. FDIC and Utah regulator exams, true-lender and state-usury rules, vendor-management expectations, and data-security controls shape how the business operates.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Stephens | Target | Target: $18 | Target: $16 |
| Jul 31, 2026 | Raymond James | Reiterate | Rating: —Target: $21 | Target: $16 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $6.1M · Total debt $0 · Total assets $925.3M · Shareholders' equity $199.2M
- Revenue
- $59.6M
- Operating income
- $2.8M
- Net income
- $2.1M
No dividends on record.
| Institutions | 29.87% | 4.09M shares | |
|---|---|---|---|
| 72 holders · as of Jun 30, 2026 | |||
| Insiders | 30.89% | 4.23M shares | |
| 21 holders · as of Jul 29, 2026 | |||
| Other | 39.24% | 5.38M shares | |
| remainder | |||
13.71M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Kent Landvatter1Insiderdirector, officer: EXECUTIVE CHAIRMAN | 9.18% | 1.05M | filed Jul 29, 2026 |
AllianceBernstein L.P.Institution | 5.94% | 814,507 | as of Jun 30, 2026 |
Menachem WilenkinInsider | 5.07% | 694,820 | filed May 16, 2023 |
Jarret PrussinInsider | 4.94% | 677,477 | filed May 16, 2023 |
BlackRock, Inc.Institution | 3.80% | 520,593 | as of Jun 30, 2026 |
- Kent Landvatter's transaction reports restate only vehicles that traded; the 2024 ownership statement (1.05M) plus the 208.4K net shares acquired since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 3, 2025 | Robert Keil | other: See Remarks | −1,500 | $19.48 |
| Oct 31, 2025 | Howard I. Reynolds | director | +2,297 | $18.95 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| FinWise Bancorp | $11.84 | +0.08% | $168.0M | 12.8 | 14.6 | 0.8 | +116.8% |
| The Bancorp | $50.59 | −0.08% | $2.09B | 9.5 | 7.3 | 2.8 | −24.0% |
| Pathward Financial | $74.56 | +0.11% | $1.60B | 9.5 | 7.9 | 2.0 | −3.1% |
| Coastal Financial | $45.09 | −0.11% | $688.3M | — | 9.3 | 0.9 | +54.6% |
| LendingClub | $19.21 | +2.13% | $2.22B | 11.6 | 9.8 | 1.8 | −15.9% |
| Live Oak Bancshares | $37.87 | −0.08% | $1.76B | 13.4 | 10.4 | 1.6 | +10.0% |
| NewtekOne | $11.68 | 0.00% | $336.3M | 4.9 | 5.8 | 1.0 | +7.0% |
| Median | 9.5 | 8.6 | 1.7 | +1.9% |