Finwise Bancorp financial data

Symbol
FINW on Nasdaq
Industry
State Commercial Banks
Location
756 East Winchester Street #100, Murray, UT
State of incorporation
UT
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 295 % +19%
Return On Equity 7.58 % -35.1%
Return On Assets 1.92 % -42.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.2M shares +3.1%
Common Stock, Shares, Outstanding 13.2M shares +5.75%
Entity Public Float 111M USD +19%
Common Stock, Value, Issued 13K USD +8.33%
Weighted Average Number of Shares Outstanding, Basic 12.6M shares +0.99%
Weighted Average Number of Shares Outstanding, Diluted 13.2M shares +2.47%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 17M USD -28.7%
Income Tax Expense (Benefit) 4.25M USD -33.2%
Net Income (Loss) Attributable to Parent 12.7M USD -27%
Earnings Per Share, Basic 0.98 USD/shares -29%
Earnings Per Share, Diluted 0.93 USD/shares -30.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 109M USD -6.68%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 16.3M USD +11.6%
Operating Lease, Right-of-Use Asset 3.56M USD -17%
Assets 746M USD +27.3%
Deferred Income Tax Liabilities, Net 899K USD +20.2%
Liabilities 572M USD +32.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 187K USD
Retained Earnings (Accumulated Deficit) 117M USD +12.3%
Stockholders' Equity Attributable to Parent 174M USD +12%
Liabilities and Equity 746M USD +27.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.55M USD -53.3%
Net Cash Provided by (Used in) Financing Activities 19.1M USD -52.3%
Net Cash Provided by (Used in) Investing Activities -21.8M USD +43%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 13.2M shares +5.75%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 109M USD -6.68%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.67M USD +198%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 4.89M USD +49%
Operating Lease, Liability 5.3M USD -15.8%
Depreciation 1.3M USD +300%
Payments to Acquire Property, Plant, and Equipment 1.19M USD +568%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.8M USD -21%
Lessee, Operating Lease, Liability, to be Paid 5.6M USD -16%
Property, Plant and Equipment, Gross 23.3M USD +26.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.12M USD +2.95%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.12M USD +1.63%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 293K USD -20.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.15M USD +3.04%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.19M USD +2.95%
Operating Lease, Payments 1.12M USD -48.1%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 2.05M USD 0%
Interest Expense 12.3M USD +399%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%