FinWise Q3 2026 net income more than doubles year over year to $10.05 million
Bitget2026/10/28 20:39- FinWise Bancorp's third-quarter 2026 net income more than doubled year-over-year to $10.05 million, including a $6.46 million bargain purchase gain.
- Net interest income more than doubled year-over-year to $41.9 million, primarily due to credit-enhanced loan growth and a changed interest-allocation estimate.
- Loan originations climbed 27% from the prior quarter to $2.07 billion, partly driven by seasonal student lending.
- The company plans to sell its credit card business by the second quarter of 2027 while retaining its technology and servicing platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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