FinWise Bancorp Appoints Jim Noone as CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 08 2026
0mins
FinWise Bancorp, the parent company of FinWise Bank, announced the appointment of Jim Noone as Chief Executive Officer of the company, effective April 6, 2026. Kent Landvatter, who has served as Chief Executive Officer since 2010, will retain the role of Executive Chairman of the company and Bank. Noone was appointed President of FinWise Bank in 2023, to President of the company in 2024, to Chief Executive Officer of the Bank in 2025, and now to Chief Executive Officer of the company. He will continue as President and Chief Executive Officer of the Bank. "Kent and Jim have worked in close partnership throughout this transition," said Howard Reynolds, Vice Chairman and Lead Independent Director of FinWise. "Jim has consistently delivered strong operational execution and sound judgment throughout his career at FinWise. The Board has complete confidence in his leadership and ability to continue executing the Company's strategy."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy FINW?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on FINW
About FINW
FinWise Bancorp is a bank holding company. The Company operates through its two subsidiaries, FinWise Bank and FinWise Investment, LLC (collectively, the Bank). The Bank provides a full range of banking services to individual and commercial customers. The Bank’s primary source of revenue is from loans including consumer, Small Business Administration (SBA), commercial, commercial real estate, and residential real estate. Its banking business offers a diverse range of commercial and retail banking products and services and consists primarily of originating loans in a variety of sectors. It also attracts nationwide deposits from the general public, businesses and other financial institutions, and invests those deposits, together with borrowings and other sources of funds. The Company’s lending focuses on four main lending areas: SBA 7(a) loans, Strategic Programs, residential and commercial real estate, and commercial leasing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
FinWise Bancorp Announces Share Repurchase Program
- Repurchase Program Initiated: FinWise Bancorp has announced a share repurchase program to buy back up to 685,000 shares, representing approximately 5% of its outstanding shares, aimed at enhancing shareholder value and boosting market confidence.
- Stock Price Surge: Following the repurchase announcement, FinWise's stock rose by 1.03% to $13.67 during pre-market trading on Thursday, reflecting investor optimism regarding the company's future prospects.
- Strong Capital Ratios: CEO Jim Noone reported that FinWise ended the first quarter with a bank leverage ratio of 16.8%, nearly double the well-capitalized threshold, indicating a robust financial position for the company.
- Future Growth Targets: FinWise aims for $8 million to $10 million in monthly credit-enhanced growth while guiding for quarterly net charge-offs of $4 million to $5 million for non-credit-enhanced loans, showcasing a positive outlook for future performance.
See More
FinWise Bancorp Authorizes Stock Buyback Program
- Buyback Program Authorization: FinWise Bancorp's Board has authorized a stock repurchase program for up to 685,000 shares, approximately 5% of outstanding shares, reflecting the company's strong capital position and confidence in its long-term growth trajectory.
- Capital Adequacy Advantage: As of Q1, FinWise Bank reported a leverage ratio of 16.8%, nearly double the well-capitalized threshold, indicating robust capital management that enhances investor confidence and positions the company favorably in the market.
- Flexible Repurchase Strategy: The buyback program allows the company to determine the timing and extent of share repurchases based on various factors, including market conditions and fund availability, thereby optimizing capital allocation and enhancing shareholder value.
- Diversified Business Development: FinWise is strengthening its market competitiveness through diversified business models, including strategic program lending and payment solutions, which are expected to further drive growth in the fintech sector.
See More
FinWise (FINW) Q1 2026 Earnings Transcript
See More
FinWise Bancorp Q1 2026 Earnings Call Insights
- Management Transition: Jim Noone assumed the role of CEO of FinWise Bancorp this month while continuing as President of FinWise Bank, with Executive Chairman Kent Landvatter emphasizing that this transition will not alter the company's strategic direction, indicating stability during leadership changes.
- Financial Performance: The company reported a net income of $2.7 million for Q1 with diluted earnings per share of $0.20, adversely impacted by elevated charge-offs in the SBA loan portfolio, and management expects these charge-offs to remain high over the next few quarters, reflecting challenges in risk management.
- Credit Growth Outlook: Management reaffirmed expectations for organic growth in credit enhanced balances averaging $8 million to $10 million per month for 2026, despite Q1 net charge-offs reaching $9.4 million, highlighting the pressure on balancing credit quality and growth.
- Asset Quality Risks: Management warned of potentially up to $10 million in watch list loans that could migrate to nonperforming loans in Q2, indicating the potential risks in asset quality management that need close monitoring in future credit performance.
See More
FINWISE BANCORP REPORTS Q1 NET INTEREST INCOME OF USD 28.1 MILLION
- Financial Performance: Finwise Bancorp reported a net interest income of USD 28.1 million for Q1.
- Growth Indicators: The financial results indicate a strong performance in the banking sector for the quarter.
See More
First Horizon Reports Strong Quarterly Earnings Beat
- Earnings Beat: First Horizon reported quarterly earnings of $0.53 per share, exceeding the Zacks consensus estimate of $0.49, reflecting a 26.2% increase from last year's $0.42, which boosts investor confidence in the company's profitability.
- Revenue Miss: The company posted revenues of $862 million for the quarter, slightly missing the Zacks consensus estimate of $866 million, although this represents a 6.2% year-over-year growth, which may impact short-term stock performance due to unmet expectations.
- Consistent Outperformance: Over the last four quarters, First Horizon has surpassed consensus EPS estimates four times, indicating stable profitability, yet the current Zacks Rank of 3 (Hold) suggests that future performance may align with the market.
- Industry Outlook Impact: The Banks - Southwest industry ranks in the top 19% of Zacks industries, indicating strong overall performance, suggesting that First Horizon could benefit from industry trends, prompting investors to monitor future earnings estimate revisions.
See More
FinWise Bancorp Announces Share Repurchase Program
- Repurchase Program Initiated: FinWise Bancorp has announced a share repurchase program to buy back up to 685,000 shares, representing approximately 5% of its outstanding shares, aimed at enhancing shareholder value and boosting market confidence.
- Stock Price Surge: Following the repurchase announcement, FinWise's stock rose by 1.03% to $13.67 during pre-market trading on Thursday, reflecting investor optimism regarding the company's future prospects.
- Strong Capital Ratios: CEO Jim Noone reported that FinWise ended the first quarter with a bank leverage ratio of 16.8%, nearly double the well-capitalized threshold, indicating a robust financial position for the company.
- Future Growth Targets: FinWise aims for $8 million to $10 million in monthly credit-enhanced growth while guiding for quarterly net charge-offs of $4 million to $5 million for non-credit-enhanced loans, showcasing a positive outlook for future performance.
See More
FinWise Bancorp Authorizes Stock Buyback Program
- Buyback Program Authorization: FinWise Bancorp's Board has authorized a stock repurchase program for up to 685,000 shares, approximately 5% of outstanding shares, reflecting the company's strong capital position and confidence in its long-term growth trajectory.
- Capital Adequacy Advantage: As of Q1, FinWise Bank reported a leverage ratio of 16.8%, nearly double the well-capitalized threshold, indicating robust capital management that enhances investor confidence and positions the company favorably in the market.
- Flexible Repurchase Strategy: The buyback program allows the company to determine the timing and extent of share repurchases based on various factors, including market conditions and fund availability, thereby optimizing capital allocation and enhancing shareholder value.
- Diversified Business Development: FinWise is strengthening its market competitiveness through diversified business models, including strategic program lending and payment solutions, which are expected to further drive growth in the fintech sector.
See More
FinWise (FINW) Q1 2026 Earnings Transcript
See More
FinWise Bancorp Q1 2026 Earnings Call Insights
- Management Transition: Jim Noone assumed the role of CEO of FinWise Bancorp this month while continuing as President of FinWise Bank, with Executive Chairman Kent Landvatter emphasizing that this transition will not alter the company's strategic direction, indicating stability during leadership changes.
- Financial Performance: The company reported a net income of $2.7 million for Q1 with diluted earnings per share of $0.20, adversely impacted by elevated charge-offs in the SBA loan portfolio, and management expects these charge-offs to remain high over the next few quarters, reflecting challenges in risk management.
- Credit Growth Outlook: Management reaffirmed expectations for organic growth in credit enhanced balances averaging $8 million to $10 million per month for 2026, despite Q1 net charge-offs reaching $9.4 million, highlighting the pressure on balancing credit quality and growth.
- Asset Quality Risks: Management warned of potentially up to $10 million in watch list loans that could migrate to nonperforming loans in Q2, indicating the potential risks in asset quality management that need close monitoring in future credit performance.
See More
FINWISE BANCORP REPORTS Q1 NET INTEREST INCOME OF USD 28.1 MILLION
- Financial Performance: Finwise Bancorp reported a net interest income of USD 28.1 million for Q1.
- Growth Indicators: The financial results indicate a strong performance in the banking sector for the quarter.
See More
First Horizon Reports Strong Quarterly Earnings Beat
- Earnings Beat: First Horizon reported quarterly earnings of $0.53 per share, exceeding the Zacks consensus estimate of $0.49, reflecting a 26.2% increase from last year's $0.42, which boosts investor confidence in the company's profitability.
- Revenue Miss: The company posted revenues of $862 million for the quarter, slightly missing the Zacks consensus estimate of $866 million, although this represents a 6.2% year-over-year growth, which may impact short-term stock performance due to unmet expectations.
- Consistent Outperformance: Over the last four quarters, First Horizon has surpassed consensus EPS estimates four times, indicating stable profitability, yet the current Zacks Rank of 3 (Hold) suggests that future performance may align with the market.
- Industry Outlook Impact: The Banks - Southwest industry ranks in the top 19% of Zacks industries, indicating strong overall performance, suggesting that First Horizon could benefit from industry trends, prompting investors to monitor future earnings estimate revisions.
See More
