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-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 282 % +25.4%
Return On Equity 8.63 % -36.6%
Return On Assets 2.26 % -46%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.2M shares +5.74%
Common Stock, Shares, Outstanding 13.2M shares +5.74%
Entity Public Float 93M USD -4.42%
Common Stock, Value, Issued 13K USD +8.33%
Weighted Average Number of Shares Outstanding, Basic 12.7M shares +2.19%
Weighted Average Number of Shares Outstanding, Diluted 13.3M shares +3.03%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 19.1M USD -29.2%
Income Tax Expense (Benefit) 5M USD -30%
Net Income (Loss) Attributable to Parent 14.1M USD -28.9%
Earnings Per Share, Basic 1.11 USD/shares -28.4%
Earnings Per Share, Diluted 1.06 USD/shares -29.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 85.8M USD -32.3%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 17.1M USD +20.6%
Operating Lease, Right-of-Use Asset 3.74M USD -16.6%
Assets 683M USD +23.1%
Deferred Income Tax Liabilities, Net 1.04M USD +343%
Liabilities 513M USD +26.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 342K USD
Retained Earnings (Accumulated Deficit) 114M USD +14.2%
Stockholders' Equity Attributable to Parent 170M USD +13.3%
Liabilities and Equity 683M USD +23.1%

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 +5.74%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 85.8M USD -32.3%
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 2.88M USD -27.6%
Operating Lease, Liability 5.54M USD -15.3%
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 6.1M USD -15.6%
Property, Plant and Equipment, Gross 18.5M USD +57.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.12M USD +2.95%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.09M USD -1.63%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 309K USD -28%
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 1.83M USD -2.55%
Interest Expense 12.3M USD +399%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%