Posted: 07/02/2025 03:17 am
FinWise Bancorp (NASDAQ: FINW), a prominent player in the state commercial banking sector, has seen notable trends in executive compensation over recent years. The compensation packages for its executives reflect both performance and strategic positioning within the banking industry.
In 2024, Robert Wahlman, the Chief Financial Officer of FinWise Bancorp and FinWise Bank, received a total compensation of $1,169,729. This package included a salary of $315,847, a significant bonus of $300,000, and stock awards valued at $355,250. Notably, his total compensation also encompassed $198,632 under "all other compensation," reflecting a comprehensive rewards framework for the CFO's contribution to the company¹.
Meanwhile, the 2023 compensation figures indicate that Javvis Jacobson received a total of $677,220. His salary was slightly higher at $324,923, complemented by a smaller bonus of $95,854 and stock awards totaling $186,408. The presence of option awards amounting to $45,798 signifies an incentivization approach aligning personal and shareholder interests².
The 2021 compensation report highlights Kent Landvatter, the President and CEO at that time, who was compensated a total of $1,209,708, mainly driven by a bonus of $817,775. This reflects a strategic use of bonuses to reward the CEO's significant contributions during the year, despite the absence of stock or option awards³.
In the wake of these compensation reports, FinWise Bancorp's recent financial performance has drawn attention. The company reported loan originations of $5.0 billion for 2024, with $1.3 billion in the fourth quarter alone. These figures, announced in a 2025 financial results disclosure, underscore the bank's substantial growth and lending efficacy⁴.
However, 2025's first-quarter earnings revealed that FinWise's performance slightly lagged behind expectations, with earnings per share (EPS) reported at $0.23, falling short of the anticipated $0.25⁵. Despite these challenges, FinWise has remained resilient, showing promising market activity, evidenced by its inclusion in Zacks Rank #1 momentum stocks in February 2025⁶.
As of now, FinWise Bancorp's stock price reflects a positive environment despite recent ups and downs. Trading at $15.57, the stock has experienced a 3.73% increase, bolstered by market optimism and strategic financial maneuvers that have been welcomed by investors⁷.
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1. SEC Filing. "Robert Wahlman's 2024 Compensation." Retrieved from [SEC.gov](https://www.sec.gov/Archives/edgar/data/1856365/000185636525000018/0001856365-25-000018-index.htm).
2. SEC Filing. "Javvis Jacobson's 2023 Compensation." Retrieved from [SEC.gov](https://www.sec.gov/Archives/edgar/data/1856365/000185636524000023/0001856365-24-000023-index.htm).
3. SEC Filing. "Kent Landvatter's 2021 Compensation." Retrieved from [SEC.gov](https://www.sec.gov/Archives/edgar/data/1856365/000114036123021629/0001140361-23-021629-index.htm).
4. Globe Newswire. "FINWISE BANCORP REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS." Retrieved from [Globe Newswire](https://www.globenewswire.com/news-release/2025/01/30/1504292/0/en/FinWise-Bancorp-Reports-Fourth-Quarter-and-Full-Year-2024-Results.html).
5. Zacks. "FinWise Bancorp (FINW) Q1 Earnings and Revenues Lag Estimates." Retrieved from [Zacks](https://www.zacks.com/stock/news/2459644/finwise-bancorp-finw-q1-earnings-and-revenues-lag-estimates).
6. Zacks. "Best Momentum Stocks to Buy for February 14th." Retrieved from [Zacks](https://www.zacks.com/stock/news/2415907/best-momentum-stocks-to-buy-for-february-14th).
7. Market Snapshot. "Current Stock Price and Performance." Retrieved from [Market Snapshot](https://finance.yahoo.com/quote/FINW).
