Fiinu (LON:BANK – Get Free Report) announced its earnings results on Friday. The company reported GBX (0.54) 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 Trading Up 17.8%
LON BANK traded up GBX 0.58 during midday trading on Friday, hitting GBX 3.83. The company had a trading volume of 1,179,963 shares, compared to its average volume of 356,190. The firm has a 50-day moving average price of GBX 3.91 and a 200-day moving average price of GBX 5.91. The company has a market capitalization of £15.17 million, a PE ratio of -1.29 and a beta of 8.17. Fiinu has a twelve month low of GBX 2.50 and a twelve month 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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