FinWise Bancorp (NASDAQ:FINW) Q4 2022 Earnings Conference Call January 25, 2023 5:30 PM ET
Company Participants
Kent Landvatter - Chief Executive Officer
Javvis Jacobson - Executive Vice President and Chief Financial Officer
James Noone - Executive Vice President and Chief Credit Officer
Conference Call Participants
Andrew Liesch - Piper Sandler
Andrew Terrell - Stephens, Inc.
Operator
Greetings and welcome to the FinWise Bancorp Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being recorded.
I will now turn the conference over to management.
Unidentified Company Representative
Good afternoon, and thank you for joining us today for FinWise Bancorp's fourth quarter 2022 conference call. In addition to this call, we issued an earnings press release earlier this afternoon and posted it to the Investor Relations section of our website at investors.finwisebancorp.com. Today's conference call is being recorded and webcast on the company's website investors.finwisebancorp.com.
On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those discussed today. Forward-looking statements represent management's current estimates and FinWise Bancorp assumes no obligation to update any forward-looking statements in the future. We encourage listeners to review the more detailed discussions related to these forward-looking statements contained in the company's earnings press release and filings with the Securities and Exchange Commission.
Hosting the call today are Mr. Kent Landvatter, CEO and President of FinWise Bancorp; Mr. Javvis Jacobson, Chief Financial Officer; and Mr. Jim Noone, Chief Strategy and Chief Credit Officer.
With that, I will turn the call over to Mr. Landvatter.
Kent Landvatter
Good afternoon, everyone, and thank you for joining us on our fourth quarter 2022 earnings conference call. On today's call, we will provide an update on our financial results and share some perspective on the current operating environment and the continued evolution of our business model.
During 2022, we executed well in substantially all facets of our business even in its rapidly deteriorating economic environment. Our differentiated and diverse business model coupled with strong execution by our team members allowed us to navigate these macro headwinds and continued to deliver solid loan originations, profitable growth and industry leading returns.
Specifically for the full-year 2022, we generated revenue of $89.7 million, net income of $25.1 million and diluted earnings per share of $1.87. We also ended the year with solid Q4 results particularly given the more challenging macro environment. Total revenue was $23.0 million during Q4, led by loan originations of $1.2 billion. Net income for Q4 was $6.5 million, compared $3.7 million in the prior quarter and diluted earnings per share were $0.49 for Q4, compared to $0.27 for the previous quarter.