SCHEDULE 13G: Wasatch Advisors Discloses 5.3% Stake in Finwise Bancorp
Beneficial Ownership Report (Schedule 13G)
Wasatch Advisors LP, an investment adviser, has disclosed a beneficial ownership stake of 5.3% in Finwise Bancorp's common stock as of March 31, 2025.
Summary
- Wasatch Advisors LP, a Delaware-based investment adviser, has filed a Schedule 13G indicating beneficial ownership in Finwise Bancorp.
- As of March 31, 2025, Wasatch Advisors LP beneficially owns 704,109 shares of Finwise Bancorp's common stock.
- This ownership represents 5.3% of the total outstanding common stock of Finwise Bancorp.
- Wasatch Advisors LP holds sole voting power over 639,044 shares and sole dispositive power over all 704,109 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a factual disclosure of ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook. It indicates a passive investment by an institutional investor.
Future Outlook
NA
Industry Context
This filing is a standard disclosure by an investment adviser indicating a passive ownership stake in a publicly traded company, Finwise Bancorp, which operates in the financial services sector. Such disclosures are common and reflect portfolio management activities.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a large investor.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (reporting period end date for beneficial ownership) |
| 05/13/2025 | Date of signature for the Schedule 13G filing |
Keywords
Finwise Bancorp, Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Financial Disclosure
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.