Finwise Bancorp income statement
In fiscal 2025, Finwise Bancorp reported revenue of $131m, up 60.5% on the year before and net income of $16.1m, or $1.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 80 | 88 | 76 | 81 | 131 | 181 |
| Interest expense | 1 | 1 | 10 | — | — | — |
| Net interest income | 48 | 51 | 55 | 59 | 72 | 100 |
| Non-interest income | 32 | 37 | 21 | 22 | 58 | 81 |
| Non-interest expense | 30 | 39 | 41 | 53 | 70 | 98 |
| Provision for credit losses | 8 | 14 | 12 | 12 | 39 | 64 |
| Income before tax | 42 | 36 | 24 | 17 | 22 | 19 |
| Income tax | 11 | 11 | 6 | 4 | 6 | 5 |
| Net income | 32 | 25 | 17 | 13 | 16 | 14 |
| Diluted EPS | $3.27 | $1.87 | $1.33 | $0.93 | $1.13 | $1.00 |
| Diluted shares (average) | 9m | 13m | 13m | 13m | 14m | 14m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 21 | 22 | 25 | 37 | 47 | 43 | 54 |
| Net interest income | 15 | 16 | 14 | 15 | 19 | 25 | 28 | 29 |
| Non-interest income | 6 | 6 | 8 | 10 | 18 | 22 | 15 | 26 |
| Non-interest expense | 14 | 14 | 14 | 15 | 17 | 24 | 28 | 29 |
| Provision for credit losses | 2 | 4 | 3 | 5 | 13 | 18 | 11 | 23 |
| Income before tax | 5 | 4 | 4 | 5 | 6 | 5 | 4 | 3 |
| Income tax | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 |
| Net income | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 2 |
| Diluted EPS | $0.25 | $0.19 | $0.23 | $0.29 | $0.34 | $0.27 | $0.20 | $0.15 |
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