Finwise Bancorp (FINW) Financial Statements (2026 and earlier)

Company Profile

Business Address 756 EAST WINCHESTER STREET #100
MURRAY, UT 84107
State of Incorp. UT
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments163,400109,162116,975100,567
Cash and cash equivalent163,400109,162116,975100,567
Restricted cash and investments4,1003,100  
Financing receivable, accrued interest, after allowance for credit loss✕✕✕3,573 
Total current assets:167,500112,262120,548100,567
Noncurrent Assets
Operating lease, right-of-use asset 2,9633,5644,2935,041
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 2,54016,32814,6309,478
Deferred income tax assets2,345  1,167
Total noncurrent assets:7,84819,89218,92315,686
Other undisclosed assets801,787613,822446,750284,527
TOTAL ASSETS:977,135745,976586,221400,780
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt  899748 
Deferred income tax liabilities  899748 
Total noncurrent liabilities:  899748 
Other undisclosed liabilities783,940571,357430,417260,321
Total liabilities:783,940572,256431,165260,321
Equity
Equity, attributable to parent193,195173,720155,056140,459
Common stock14131213
Additional paid in capital60,95856,92651,20054,614
Accumulated other comprehensive income26187  
Retained earnings132,197116,594103,84485,832
Total equity:193,195173,720155,056140,459
TOTAL LIABILITIES AND EQUITY:977,135745,976586,221400,780

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Revenues97,36275,49165,88065,671
Gain on disposition of assets for financial service operations6,3732,0361,68413,550
Net investment income90,98973,45564,19652,121
Cost of revenue
(Provision for Loan, Lease, and Other Losses)		(38,573)(11,573)(11,638)(13,519)
Gross profit:58,78963,91854,24252,152
Operating expenses(5,507)(8,976)(8,273)(7,658)
Other operating income (expense), net(37,599)2,0642,616269
Noninterest income, other operating income5,0182,0642,616269
Operating income:15,68357,00648,58544,763
Interest and debt expense   (9,975)(1,434)
Income from continuing operations before equity method investments, income taxes:15,68357,00638,61043,329
Other undisclosed income (loss) from continuing operations before income taxes6,077(40,017)(14,797)(7,298)
Income from continuing operations before income taxes:21,76016,98923,81336,031
Income tax expense(5,669)(4,247)(6,353)(10,916)
Net income attributable to parent:16,09112,74217,46025,115
Undistributed earnings (loss) allocated to participating securities, basic(705)(390)(288)(193)
Net income available to common stockholders, diluted:15,38612,35217,17224,922

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Net income:16,09112,74217,46025,115
Other comprehensive income (loss)(161)187  
Comprehensive income, net of tax, attributable to parent:15,93012,92917,46025,115

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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