Finwise Bancorp financial data

Symbol
FINW on Nasdaq
Industry
State Commercial Banks
Location
756 East Winchester Street #100, Murray, UT
State of incorporation
Utah
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 274 % +34.1%
Return On Equity 9.76 % -26.1%
Return On Assets 2.61 % -39.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.2M shares +3.86%
Common Stock, Shares, Outstanding 13.1M shares +3.3%
Entity Public Float 93M USD -4.42%
Common Stock, Value, Issued 13K USD 0%
Weighted Average Number of Shares Outstanding, Basic 12.6M shares +0.19%
Weighted Average Number of Shares Outstanding, Diluted 13.1M shares +0.93%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 21M USD -24%
Income Tax Expense (Benefit) 5.54M USD -37.8%
Net Income (Loss) Attributable to Parent 15.5M USD -17.3%
Earnings Per Share, Basic 1.23 USD/shares -15.2%
Earnings Per Share, Diluted 1.18 USD/shares -15.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 89M USD -25.2%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 15.7M USD +19.1%
Operating Lease, Right-of-Use Asset 3.91M USD -16.2%
Assets 618M USD +24.7%
Deferred Income Tax Liabilities, Net 1.15M USD +724%
Liabilities 452M USD +29.8%
Retained Earnings (Accumulated Deficit) 110M USD +16.4%
Stockholders' Equity Attributable to Parent 166M USD +12.4%
Liabilities and Equity 618M USD +24.7%

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 13.1M shares +3.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 89M USD -25.2%
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 5.79M USD -14.8%
Depreciation 1.3M USD +300%
Payments to Acquire Property, Plant, and Equipment 1.19M USD +568%
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 1.57M USD -7.34%
Interest Expense 12.3M USD +399%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%