FinWise Bancorp (FINW)
Nasdaq: FINW · State Commercial Banks · Murray, UT · filing with the SEC since 2021
Grade3.7
◀ Past 3.2● Present 3.8▶ Future 4.5
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 23, 2026 | Mar 26, 2025 | Mar 25, 2024 | Mar 30, 2023 | Mar 30, 2022 |
| For lenders | |||||
| Interest and dividend income | 92,478 | 74,352 | 64,534 | 52,329 | 49,243 |
| Interest expense on deposits and borrowings | 20,295 | 15,440 | 9,975 | · | · |
| Net interest income | 72,183 | 58,912 | 54,559 | 50,895 | 47,978 |
| Provision for credit losses | 38,573 | 11,573 | 11,638 | 13,519 | 8,039 |
| Net interest income after provision | 33,610 | 47,339 | 42,921 | 37,376 | 39,939 |
| Noninterest income | 58,483 | 22,485 | 21,456r | 37,411 | 31,844 |
| Noninterest expense | 70,333 | 52,835 | 40,564r | 38,756 | 29,511 |
| Interest expense | · | · | 9,975 | 1,434 | 1,265 |
| Income before income taxes | 21,760 | 16,989 | 23,813 | 36,031 | 42,272 |
| Income tax expense | 5,669 | 4,247 | 6,353 | 10,916 | 10,689 |
| Net income | 16,091 | 12,742 | 17,460 | 25,115 | 31,583 |
| Net income to common shareholders | 15,386 | 12,352 | 17,172 | 24,922 | 29,803 |
| Earnings per share, basic | 1.20 | 0.98 | 1.38 | 1.96 | 3.44 |
| Earnings per share, diluted | 1.13 | 0.93 | 1.33 | 1.87 | 3.27 |
| Weighted average shares, basic | 12,828,016 | 12,612,455 | 12,488,564 | 12,729,898 | 8,669,724 |
| Weighted average shares, diluted | 13,565,336 | 13,228,869 | 12,909,648 | 13,357,022 | 9,108,163 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earned
us-gaap:InterestAndDividendIncomeOperatingInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLossesExpensedNet interest income after provision interest income left after the provision
us-gaap:InterestIncomeExpenseAfterProvisionForLoanLossNoninterest income fees and other income that is not interest
us-gaap:NoninterestIncomeNoninterest expense salaries, buildings and the other costs of running the bank
us-gaap:NoninterestExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding