FinWise Bancorp Reports Third Quarter 2025 Results

FinWise Bancorp announced its financial results for the third quarter of 2025, reporting a net income of $4.9 million, a 19% increase from the previous quarter and a 42% increase year-over-year. The company's loan originations totaled $1.8 billion, up from $1.5 billion in the previous quarter and $1.4 billion in the same period last year. Net interest income was $18.6 million, compared to $14.7 million in the previous quarter and $14.8 million in the prior year period. The company's efficiency ratio improved to 47.6%, down from 59.5% in the previous quarter and 67.5% in the prior year period. Nonperforming loan balances were $42.8 million as of September 30, 2025, compared to $39.7 million as of June 30, 2025, and $30.6 million as of September 30, 2024. The company also announced strategic program agreements with DreamFi Inc. and Tallied Technologies, aiming to expand its strategic initiatives.