FinWise Bancorp (FINW) — Financial statements
Income statement, balance sheet, and cash flow for FinWise Bancorp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 151↑54.9% | 97↑12.6% | 87↓4.0% | 90↑11.3% | 81 | |
| Cost of Revenue | 59↑117.9% | 27↑25.0% | 22↑44.5% | 15↑60.7% | 9 | |
| Gross Profit | 92↑30.7% | 70↑8.4% | 65↓13.7% | 75↑4.9% | 72 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 44↑25.5% | 35↑36.7% | 26↑5.2% | 24↑12.6% | 22 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 44↑25.5% | 35↑36.7% | 26↑5.2% | 24↑12.6% | 22 | |
| Other Expenses | 26↑43.3% | 18↑18.4% | 15↑4.5% | 15↑89.8% | 8 | |
| Operating Expenses | 70↑31.6% | 53↑29.9% | 41↑4.9% | 39↑32.9% | 30 | |
| Total Costs & Expenses | 129↑60.6% | 80↑28.2% | 63↑15.9% | 54↑39.6% | 39 | |
| Operating Results | ||||||
| Operating Income | 22↑28.1% | 17↓28.7% | 24↓33.9% | 36↓14.8% | 42 | |
| Depreciation & Amortization | 0.00↓100.0% | 5↑38.9% | 4↑80.9% | 2↑103.0% | 1 | |
| EBITDA | 22↓2.3% | 22↓19.3% | 28↓27.6% | 38↓11.9% | 43 | |
| EBIT | 22↑28.1% | 17↓28.7% | 24↓33.9% | 36↓14.8% | 42 | |
| Interest & Other Income | ||||||
| Net Interest Income | 72↑22.5% | 59↑8.0% | 55↑7.2% | 51↑6.1% | 48 | |
| Interest Income | 92↑24.4% | 74↑15.2% | 65↑23.3% | 52↑6.3% | 49 | |
| Interest Expense | 20↑31.4% | 15↑54.8% | 10↑595.6% | 1↑13.4% | 1 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 22↑28.1% | 17↓28.7% | 24↓33.9% | 36↓14.8% | 42 | |
| Income Tax Expense | 6↑33.5% | 4↓33.1% | 6↓41.8% | 11↑2.1% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 16↑26.3% | 13↓27.0% | 17↓30.5% | 25↓20.5% | 32 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 16↑26.3% | 13↓27.0% | 17↓30.5% | 25↓20.5% | 32 | |
| Bottom-Line Net Income | 16↑30.3% | 12↓28.1% | 17↓31.1% | 25↓16.4% | 30 | |
| EPS (Basic) | 1.25↑27.6% | 0.98↓29.0% | 1.38↓29.6% | 1.96↓43.0% | 3.44 | |
| EPS (Diluted) | 1.13↑21.5% | 0.93↓30.1% | 1.33↓28.9% | 1.87↓42.8% | 3.27 | |
| Weighted Average Shares | 13↑1.7% | 13↑1.0% | 12↓1.9% | 13↑46.8% | 9 | |
| Weighted Average Diluted Shares | 14↑2.5% | 13↑2.5% | 13↓3.3% | 13↑46.7% | 9 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.