Fiinu (LON:BANK – Get Free Report) released its quarterly earnings results on Friday. The company reported GBX (0.54) EPS 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
Shares of LON:BANK traded up GBX 0.15 during midday trading on Friday, hitting GBX 3.40. The company had a trading volume of 1,562,606 shares, compared to its average volume of 358,376. Fiinu has a 12-month low of GBX 2.50 and a 12-month high of GBX 18. The company has a fifty day moving average of GBX 3.88 and a two-hundred day moving average of GBX 5.89. The company has a market cap of £13.46 million, a price-to-earnings ratio of -1.14 and a beta of 8.17.
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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