Finwise Bancorp

FINW · NASDAQ · Financial Services / Banks - Regional

14.57USD+0.08 (+0.55%)

Price History

Full chart

Market Stats

Previous Close14.49

Open14.60

Day Range14.36 – 14.60

52-Week Range10.79 – 20.77

Volume24.51K

Market Cap156.60M

P/E (TTM)11.75

Forward P/E0.00

EPS0.96

Dividend Yield0.00%

Beta0.71

50-Day Avg13.60

200-Day Avg15.43

About

FinWise Bancorp operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah. The company operates in three segments: Traditional Banking; BaaS and Treasury; and Administration. The company provides various deposit products, including interest and noninterest-bearing demand accounts, health savings account demand deposits, NOW and money market accounts, and checking and savings accounts, as well as time deposits and certificates of deposits. It offers loans, including consumer, small business administration, commercial, commercial real estate, and residential real estate loans. In addition, the company offers debit cards, remote deposit capture, online banking, mobile banking, and direct deposit services; and business accounts and cash management services, such as business checking and savings accounts, and treasury services. The company was formerly known as All West Bancorp. FinWise Bancorp was founded in 1999 and is headquartered in Murray, Utah.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. James F. Noone
Employees206
Headquarters756 East Winchester, Murray, UT, United States, 84107, USA
Websitehttps://investors.finwisebancorp.com

Leadership

Mr. Kent R. LandvatterExecutive Chairman · b. 1955
Mr. James F. NoonePresident & CEO · b. 1979
Mr. Robert E. Wahlman CPAExecutive VP & CFO · b. 1956
Mr. Michael Christopher O'BrienEVP, Chief Corporate Counsel & Corporate Secretary · b. 1972
Mr. Andrew G. StinesEVP & Chief Compliance and Risk Officer · b. 1971
Mr. Richard ThiessensExecutive VP & CTO of the bank · b. 1981

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	35.27M	43.83M	81.09M	90.22M	86.59M	97.46M	150.96M
Growth (%)	-	+24.26%	+85.01%	+11.26%	-4.02%	+12.56%	+54.89%
Cost of Revenue	6.75M	6.99M	9.30M	14.95M	21.61M	27.01M	58.87M
Gross Profit	28.52M	36.84M	71.78M	75.27M	64.98M	70.45M	92.09M
Gross Margin	80.86%	84.05%	88.53%	83.43%	75.04%	72.28%	61.00%
Operating Expense	15.69M	21.70M	29.51M	39.23M	41.16M	53.46M	70.33M
Operating Income	12.84M	15.14M	42.27M	36.03M	23.81M	16.99M	21.76M
Operating Margin	36.39%	34.54%	52.13%	39.94%	27.50%	17.43%	14.41%
EBITDA	13.30M	16.15M	43.31M	38.14M	27.62M	22.28M	26.62M
EBITDA Margin	37.70%	36.85%	53.41%	42.27%	31.90%	22.86%	17.64%
Net Income	9.66M	11.20M	31.58M	25.11M	17.46M	12.74M	16.09M
Net Income Margin	27.39%	25.55%	38.95%	27.84%	20.16%	13.07%	10.66%
Interest Expense	1.46M	1.76M	1.26M	1.43M	9.97M	15.44M	20.30M
Interest Expense % of Total Revenue	4.15%	4.01%	1.56%	1.59%	11.52%	15.84%	13.44%

Balance Sheet

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	177.06M	317.51M	380.21M	400.78M	586.22M	745.98M	977.13M
Total Liabilities	143.97M	271.64M	264.77M	260.32M	431.17M	572.26M	783.94M
Total Equity	33.09M	45.87M	115.44M	140.46M	155.06M	173.72M	193.19M
Cash	34.78M	47.38M	85.75M	100.57M	116.97M	106.06M	163.40M
Total Debt	-	101.01M	1.05M	7.33M	6.49M	5.37M	4.41M
Net Debt	-34.78M	53.62M	-84.70M	-93.23M	-110.49M	-100.70M	-158.99M

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-7.89M	19.59M	-9.23M	61.15M	12.27M	-14.99M	-28.42M
Investing Cash Flow	-29.29M	-130.22M	24.26M	-35.83M	-152.87M	-132.38M	-126.91M
Financing Cash Flow	45.95M	123.23M	23.35M	-10.51M	157.01M	139.56M	209.57M
Capital Expenditure	540.00K	592.00K	2.33M	7.21M	7.46M	4.89M	5.77M
Free Cash Flow	-8.43M	18.99M	-11.57M	53.94M	4.81M	-19.89M	-34.19M
Dividends Paid	-	82.00K	-	-	44.00K	-	-
FCF to OCF	106.84%	96.98%	125.28%	88.20%	39.19%	132.65%	120.29%
Dividend Paid to FCF	-	0.43%	-	-	0.92%	-	-

Earnings

Report Date	Mar 31, 2020	Mar 31, 2021	Jun 25, 2021	Aug 4, 2021	Nov 16, 2021	Feb 23, 2022	Apr 28, 2022	Jul 27, 2022	Oct 26, 2022	Jan 25, 2023	Apr 27, 2023	Jul 27, 2023	Oct 26, 2023	Jan 29, 2024	Apr 29, 2024	Jul 25, 2024	Oct 24, 2024	Jan 30, 2025	Apr 30, 2025	Jul 24, 2025	Oct 29, 2025	Jan 29, 2026	Apr 30, 2026	Jul 29, 2026	Nov 4, 2026
EPS Estimate	0.00	0.00	0.00	0.00	0.92	0.56	0.61	0.57	0.36	0.43	0.31	0.18	0.24	0.31	0.23	0.19	0.21	0.20	0.26	0.23	0.30	0.35	0.32	0.24	0.19
EPS Actual	0.21	0.59	0.38	0.43	0.54	0.99	0.76	0.41	0.27	0.49	0.29	0.35	0.37	0.32	0.25	0.24	0.25	0.20	0.23	0.29	0.34	0.27	0.20	0.15	-
Surprise	-	-	-	-	-41.30%	76.79%	24.59%	-28.07%	-25.00%	13.95%	-6.45%	94.44%	54.17%	3.23%	8.70%	26.32%	19.05%	0.00%	-11.54%	26.09%	13.33%	-22.86%	-37.50%	-37.50%	-
Timing	-	-	After-hours	-	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap156.60M

Enterprise Value70.96M

Trailing P/E11.75

Forward P/E0.00

Price / Sales1.34

Price / Book0.79

EPS0.96

Book Value14.55

Revenue (TTM)116.80M

Gross Profit (TTM)116.80M

Profit Margin11.71%

Operating Margin8.85%

Return on Equity7.17%

Return on Assets1.55%

Shares Outstanding13.88M

Shares Float9.17M

Beta0.71

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Strong Buy

Based on 3 analystsTarget 16.33

Strong Buy
2
Buy
1

Ownership Breakdown

Institutions: 29.96%
Insiders: 31.52%
Retail / Other: 38.52%

Top Institutional Holders

AllianceBernstein L.P.
799.88K5.76%
Wasatch Advisors LP
502.20K3.62%
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469.05K3.38%
BlackRock Inc
456.24K3.29%
Vanguard Capital Management, LLC
390.85K2.82%
Geode Capital Management, LLC
199.97K1.44%
Dimensional Fund Advisors, Inc.
118.80K0.86%
State Street Corp
87.81K0.63%
Bridgeway Capital Management, LLC
83.89K0.60%
Northern Trust Corp
67.88K0.49%
Vanguard Fiduciary Trust Co
59.10K0.43%
Vanguard Portfolio Management, LLC
54.56K0.39%
Emerald Mutual Fund Advisers Trust
54.36K0.39%

Top Fund Holders

Wasatch Micro Cap Value
283.04K2.04%
Vanguard MStar Total Stk Mkt Idx Invest
282.48K2.03%
iShares Russell 2000 ETF
217.19K1.56%
Fidelity Small Cap Index
101.73K0.73%
iShares Russell 2000 Growth ETF
63.22K0.46%
Vanguard Russell 2000 ETF
55.61K0.40%
Emerald Bkg & Finac Evolution - A
54.36K0.39%