Fiinu (LON:BANK – Get Free Report) released its earnings results on Friday. The company reported GBX (0.54) earnings per share for the quarter, Digital Look Earnings reports. Fiinu had a net margin of 57.24% and a negative return on equity of 593.28%.
Fiinu Price Performance
BANK opened at GBX 3.40 on Friday. The stock’s 50 day simple moving average is GBX 3.88 and its 200 day simple moving average is GBX 5.89. The firm has a market cap of £13.46 million, a price-to-earnings ratio of -1.14 and a beta of 8.17. Fiinu has a 1 year low of GBX 2.50 and a 1 year high of GBX 18.
Fiinu Company Profile
At the heart of Fiinu’s strategy is the Plugin Overdraft®, a white-label solution that integrates seamlessly into existing banking applications, allowing customers to access arranged overdrafts without switching banks. This product addresses the needs of the 80% of UK account holders who currently lack access to overdrafts. Using real-time Open Banking data and AI-driven underwriting, Fiinu can assess affordability responsibly and provide fair overdraft limits—helping fill the £10 billion gap left by the removal of unarranged overdrafts in 2020.
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