FinWise Q2 FY26 net income drops 22.1% to $2.1 million; diluted EPS falls to $0.15

• FinWise Bancorp posted Q2 net income of $2.1 million, down from $2.7 million in Q1 and $4.1 million a year earlier.
• Net interest income rose to $28.7 million from $28.1 million in Q1, more than doubling from $14.7 million a year earlier.
• Provision for credit losses climbed to $22.7 million from $10.6 million in Q1 and $4.7 million a year earlier.
• Loan originations eased to $1.6 billion from $1.7 billion in Q1, rising from $1.5 billion a year earlier.
• CEO Jim Noone cited higher provision expense on retained-credit-risk loans; nonperforming loans fell to $37.7 million from $49.8 million in Q1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finwise Bancorp published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291615PRIMZONEFULLFEED9800302) on July 29, 2026, and is solely responsible for the information contained therein.