FinWise Bancorp (FINW)
NASDAQ: FINW · Real-Time Price · USD
14.79
+0.09 (0.58%)
May 9, 2025, 11:04 AM - Market open
FinWise Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | 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 | 70.01 | 68.89 | 58.45 | 50.94 | 49.14 | 29.27 | Upgrade
|
| Interest Income on Investments | 5.23 | 5.46 | 6.09 | 1.39 | 0.11 | 0.24 | Upgrade
|
| Total Interest Income | 75.24 | 74.35 | 64.53 | 52.33 | 49.24 | 29.51 | Upgrade
|
| Interest Paid on Deposits | 16.06 | 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 | 16.06 | 15.44 | 9.98 | 1.43 | 1.27 | 1.76 | Upgrade
|
| Net Interest Income | 59.19 | 58.91 | 54.56 | 50.9 | 47.98 | 27.75 | Upgrade
|
| Net Interest Income Growth (YoY) | 4.83% | 7.98% | 7.20% | 6.08% | 72.89% | 39.13% | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.1 | -0.63 | -0.6 | -0.48 | 2.99 | 0.81 | Upgrade
|
| Other Non-Interest Income | 22.26 | 21.07 | 20.37 | 24.34 | 19.16 | 10.67 | Upgrade
|
| Total Non-Interest Income | 24.63 | 22.48 | 21.46 | 37.41 | 31.84 | 14.32 | Upgrade
|
| Non-Interest Income Growth (YoY) | 11.85% | 4.76% | -42.65% | 17.48% | 122.33% | 3.32% | Upgrade
|
| Revenues Before Loan Losses | 83.81 | 81.39 | 76.02 | 88.31 | 79.82 | 42.07 | Upgrade
|
| Provision for Loan Losses | 11.76 | 11.57 | 11.64 | 13.52 | 8.04 | 5.23 | Upgrade
|
| Revenue | 72.06 | 69.82 | 64.38 | 74.79 | 71.78 | 36.84 | Upgrade
|
| Revenue Growth (YoY) | 8.59% | 8.45% | -13.92% | 4.18% | 94.86% | 29.16% | Upgrade
|
| Salaries and Employee Benefits | 35.42 | 33.16 | 23.71 | 23.71 | 20.14 | 15.14 | Upgrade
|
| Occupancy Expenses | 3.28 | 3.28 | 2.4 | 1.11 | 0.38 | 0.29 | Upgrade
|
| Selling, General & Administrative | 7.08 | 7.74 | 7.92 | 7.33 | 3.77 | 2.1 | Upgrade
|
| Other Non-Interest Expense | 9.36 | 8.65 | 6.54 | 4.88 | 3.92 | 4.07 | Upgrade
|
| Total Non-Interest Expense | 55.14 | 52.83 | 40.56 | 37.03 | 28.71 | 21.7 | Upgrade
|
| EBT Excluding Unusual Items | 16.92 | 16.99 | 23.81 | 37.76 | 43.07 | 15.14 | Upgrade
|
| Asset Writedown | - | - | - | -1.73 | -0.8 | - | Upgrade
|
| Pretax Income | 16.92 | 16.99 | 23.81 | 36.03 | 42.27 | 15.14 | Upgrade
|
| Income Tax Expense | 4.3 | 4.25 | 6.35 | 10.92 | 10.69 | 3.94 | Upgrade
|
| Net Income | 12.62 | 12.74 | 17.46 | 25.12 | 31.58 | 11.2 | Upgrade
|
| Preferred Dividends & Other Adjustments | -0.39 | -0.39 | -0.29 | 0.19 | 1.78 | 0.84 | Upgrade
|
| Net Income to Common | 13.01 | 13.13 | 17.75 | 24.92 | 29.8 | 10.36 | Upgrade
|
| Net Income Growth | -25.41% | -27.02% | -30.48% | -20.48% | 182.04% | 15.93% | Upgrade
|
| Basic Shares Outstanding | 13 | 13 | 12 | 13 | 9 | 8 | Upgrade
|
| Diluted Shares Outstanding | 13 | 13 | 13 | 13 | 9 | 8 | Upgrade
|
| Shares Change (YoY) | 3.59% | 2.47% | -3.35% | 46.65% | 12.87% | 14.41% | Upgrade
|
| EPS (Basic) | 1.03 | 1.04 | 1.42 | 1.96 | 3.44 | 1.29 | Upgrade
|
| EPS (Diluted) | 0.91 | 0.93 | 1.33 | 1.87 | 3.27 | 1.28 | Upgrade
|
| EPS Growth | -29.43% | -30.08% | -28.88% | -42.81% | 155.47% | -6.51% | Upgrade
|
| Effective Tax Rate | 25.42% | 25.00% | 26.68% | 30.30% | 25.29% | 26.04% | Upgrade
|
Updated Mar 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.