Fiinu (LON:BANK – Get Free Report) posted its quarterly earnings data on Monday. The company reported GBX (2.98) earnings per share (EPS) 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 6.3%
Fiinu stock traded up GBX 0.33 during midday trading on Thursday, hitting GBX 5.45. 269,485 shares of the stock were exchanged, compared to its average volume of 358,830. Fiinu has a 52-week low of GBX 4.50 and a 52-week high of GBX 21. The stock has a market capitalization of £21.58 million, a price-to-earnings ratio of -10.90 and a beta of 8.18. The business’s 50-day moving average price is GBX 6.94 and its 200-day moving average price is GBX 7.57.
About Fiinu
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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