Fiinu (LON:BANK) Issues Earnings Results
by Danessa Lincoln · The Markets DailyFiinu (LON:BANK – Get Free Report) posted its quarterly earnings results on Friday. The company reported GBX (0.54) earnings per share for the quarter, Digital Look Earnings reports. Fiinu had a negative return on equity of 593.28% and a net margin of 57.24%.
Fiinu Stock Up 4.6%
Shares of LON:BANK opened at GBX 3.40 on Friday. Fiinu has a twelve month low of GBX 2.50 and a twelve month high of GBX 18. The stock’s 50 day moving average is GBX 3.88 and its 200-day moving average is GBX 5.89. The firm has a market capitalization of £13.46 million, a price-to-earnings ratio of -1.14 and a beta of 8.17.
About Fiinu
Fiinu plc is a UK-based fintech group delivering open banking-enabled infrastructure and financial services across lending and brokerage.
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.