NGM · Financial Statements

FinWise Bancorp (FINW) Financial Statements

$10.76 NGM: FINW Market Cap $149.38M

FinWise Bancorp most recently reported annual revenue of $151.0M, net profit of $16.0M. Revenue grew at an average annual rate of 28.0% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

FinWise Bancorp: Revenue rose from $35.0M in 2019 to $151.0M in 2025, a change of +331.4% over 6 years; net profit was positive in all 7 reported years; operating margin moved from 36.4% to 14.4%, a shift of -22.0 percentage points; the most recent year shows net profit of $16.0M.

Income Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Revenue$35.0M$44.0M$81.0M$90.0M$87.0M$97.0M$151.0M
Operating Expenses$22.0M$29.0M$39.0M$54.0M$63.0M$80.0M$129.0M
Operating Profit$13.0M$15.0M$42.0M$36.0M$24.0M$17.0M$22.0M
Operating Margin36.4%34.5%52.1%39.9%27.5%17.4%14.4%
Other Income$0$0$0$0$0$0$0
Interest$1.0M$2.0M$1.0M$1.0M$10.0M$15.0M$20.0M
Depreciation$0$1.0M$1.0M$2.0M$4.0M$5.0M$5.0M
Profit Before Tax$13.0M$15.0M$42.0M$36.0M$24.0M$17.0M$22.0M
Tax$24.8M$26.0M$25.3M$30.3M$26.7M$25.0M$26.1M
Net Profit$10.0M$11.0M$32.0M$25.0M$17.0M$13.0M$16.0M
EPS$0.79$1.21$3.27$1.87$1.33$0.93$1.13
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$22.0M$25.0M$23.0M$24.0M$25.0M$26.0M$26.0M$30.0M$42.0M$53.0M$48.0M$60.0M
Operating Expenses$16.0M$19.0M$19.0M$19.0M$20.0M$22.0M$22.0M$25.0M$35.0M$47.0M$44.0M$57.0M
Operating Profit$7.0M$6.0M$5.0M$4.0M$5.0M$4.0M$4.0M$5.0M$6.0M$5.0M$4.0M$3.0M
Operating Margin29.4%23.5%19.4%17.7%18.5%14.4%16.8%18.0%15.3%10.4%7.9%4.7%
Interest$3.0M$4.0M$4.0M$4.0M$4.0M$4.0M$4.0M$5.0M$5.0M$6.0M$5.0M$5.0M
Profit Before Tax$7.0M$6.0M$5.0M$4.0M$5.0M$4.0M$4.0M$5.0M$6.0M$5.0M$4.0M$3.0M
Tax$26.1M$28.5M$26.5M$23.9M$25.1M$24.3M$28.1M$24.5M$23.7M$28.6M$28.0M$24.0M
Net Profit$5.0M$4.0M$3.0M$3.0M$3.0M$3.0M$3.0M$4.0M$5.0M$4.0M$3.0M$2.0M
EPS$0.37$0.32$0.25$0.24$0.25$0.20$0.23$0.29$0.34$0.27$0.20$0.15

Over the 7 years reported for FinWise Bancorp, cash stood at $163.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 0.22 times.

Balance Sheet — 7 Years (USD millions)

Metric2019202020212022202320242025
Total Assets$177.0M$318.0M$380.0M$401.0M$586.0M$746.0M$977.0M
Current Assets$36.0M$49.0M$87.0M$112.0M$161.0M$189.0M$167.0M
Cash$35.0M$47.0M$86.0M$101.0M$117.0M$106.0M$163.0M
Inventory$0$0$0$0$0$0$0
Receivables$1.0M$2.0M$2.0M$11.0M$44.0M$83.0M$4.0M
Fixed Assets$1.0M$1.0M$3.0M$15.0M$19.0M$20.0M$18.0M
Capital Work in Progress$0$0$0$0$0$0$0
Investments$135.0M$259.0M$276.0M$258.0M$388.0M$477.0M$618.0M
Other Assets$0$0$0$0$0$0$0
Total Liabilities$144.0M$272.0M$265.0M$260.0M$431.0M$572.0M$784.0M
Current Liabilities$142.0M$165.0M$252.0M$243.0M$407.0M$546.0M$758.0M
Borrowings$0$101.0M$1.0M$7.0M$6.0M$5.0M$4.0M
Other Liabilities$144.0M$171.0M$264.0M$253.0M$425.0M$567.0M$780.0M
Equity$0$0$0$0$0$0$0
Reserves$33.0M$46.0M$115.0M$140.0M$155.0M$174.0M$193.0M

For FinWise Bancorp, operating cash flow was positive in 3 of 7 reported years; free cash flow in the latest year was negative at $34.0M; free cash flow was positive in 3 of 7 years.

Cash Flow Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Operating Cash Flow$-8.0M$20.0M$-9.0M$61.0M$12.0M$-15.0M$-28.0M
Investing Cash Flow$-30.0M$-131.0M$22.0M$-43.0M$-160.0M$-137.0M$-133.0M
Financing Cash Flow$46.0M$22.0M$88.0M$-10.0M$157.0M$140.0M$209.0M
Net Cash Flow$9.0M$13.0M$38.0M$15.0M$16.0M$-8.0M$54.0M
Free Cash Flow$-8.0M$19.0M$-12.0M$54.0M$5.0M$-20.0M$-34.0M

Valuation & Return Ratios

MetricValue
PEG Ratio11.06
EV / EBITDA—
FCF Yield—
Quick Ratio—
Interest Coverage—
Return 1Y-9.63%
Return 3Y57.37%
Return 5Y—

FinWise Bancorp (FINW) financials — frequently asked questions

What is FinWise Bancorp's annual revenue?

FinWise Bancorp (FINW) reported annual revenue of $151.0M in its most recent fiscal year.

What is FinWise Bancorp's net profit?

FinWise Bancorp (FINW) reported net profit of $16.0M in its most recent fiscal year.

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