FinWise Bancorp (FINW)
NASDAQ: FINW · Real-Time Price · USD
19.25
-0.70 (-3.51%)
Feb 21, 2025, 4:00 PM EST - Market closed
FinWise Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 |
| Interest Income on Loans | 68.89 | 58.45 | 50.94 | 49.14 | 29.27 | Upgrade
|
| Interest Income on Investments | 5.46 | 6.09 | 1.39 | 0.11 | 0.24 | Upgrade
|
| Total Interest Income | 74.35 | 64.53 | 52.33 | 49.24 | 29.51 | Upgrade
|
| Interest Paid on Deposits | 15.44 | 9.97 | 1.43 | 1.14 | 1.58 | Upgrade
|
| Interest Paid on Borrowings | - | 0 | 0 | 0.13 | 0.17 | Upgrade
|
| Total Interest Expense | 15.44 | 9.98 | 1.43 | 1.27 | 1.76 | Upgrade
|
| Net Interest Income | 58.91 | 54.56 | 50.9 | 47.98 | 27.75 | Upgrade
|
| Net Interest Income Growth (YoY) | 7.98% | 7.20% | 6.08% | 72.89% | 39.13% | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.62 | -0.6 | -0.48 | 2.99 | 0.81 | Upgrade
|
| Other Non-Interest Income | 21.07 | 20 | 24.34 | 19.16 | 10.67 | Upgrade
|
| Total Non-Interest Income | 22.49 | 21.08 | 37.41 | 31.84 | 14.32 | Upgrade
|
| Non-Interest Income Growth (YoY) | 6.67% | -43.65% | 17.48% | 122.33% | 3.32% | Upgrade
|
| Revenues Before Loan Losses | 81.4 | 75.64 | 88.31 | 79.82 | 42.07 | Upgrade
|
| Provision for Loan Losses | 11.57 | 11.64 | 13.52 | 8.04 | 5.23 | Upgrade
|
| Revenue | 69.82 | 64 | 74.79 | 71.78 | 36.84 | Upgrade
|
| Revenue Growth (YoY) | 9.10% | -14.42% | 4.18% | 94.86% | 29.16% | Upgrade
|
| Salaries and Employee Benefits | 35.21 | 25.75 | 24.49 | 20.14 | 15.14 | Upgrade
|
| Occupancy Expenses | 4.24 | 2.4 | 1.11 | 0.38 | 0.29 | Upgrade
|
| Selling, General & Administrative | 4.74 | 5.87 | 6.55 | 3.77 | 2.1 | Upgrade
|
| Other Non-Interest Expense | 8.65 | 6.54 | 4.88 | 3.92 | 4.07 | Upgrade
|
| Total Non-Interest Expense | 52.84 | 40.56 | 37.03 | 28.71 | 21.7 | Upgrade
|
| EBT Excluding Unusual Items | 16.99 | 23.44 | 37.76 | 43.07 | 15.14 | Upgrade
|
| Asset Writedown | - | 0.38 | -1.73 | -0.8 | - | Upgrade
|
| Pretax Income | 16.99 | 23.81 | 36.03 | 42.27 | 15.14 | Upgrade
|
| Income Tax Expense | 4.25 | 6.35 | 10.92 | 10.69 | 3.94 | Upgrade
|
| Net Income | 12.74 | 17.46 | 25.12 | 31.58 | 11.2 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | 0.29 | 0.19 | 1.78 | 0.84 | Upgrade
|
| Net Income to Common | 12.74 | 17.17 | 24.92 | 29.8 | 10.36 | Upgrade
|
| Net Income Growth | -27.02% | -30.48% | -20.48% | 182.04% | 15.93% | Upgrade
|
| Basic Shares Outstanding | 13 | 12 | 13 | 9 | 8 | Upgrade
|
| Diluted Shares Outstanding | 13 | 13 | 13 | 9 | 8 | Upgrade
|
| Shares Change (YoY) | 2.47% | -3.35% | 46.65% | 12.87% | 14.41% | Upgrade
|
| EPS (Basic) | 1.01 | 1.38 | 1.96 | 3.44 | 1.29 | Upgrade
|
| EPS (Diluted) | 0.93 | 1.33 | 1.87 | 3.27 | 1.28 | Upgrade
|
| EPS Growth | -30.08% | -28.88% | -42.81% | 155.47% | -6.51% | Upgrade
|
| Effective Tax Rate | 25.00% | 26.68% | 30.30% | 25.29% | 26.04% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.