FinWise Bancorp (FINW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	202.0M	151.0M	97.5M	86.6M	90.2M
Cost of Revenue	85.5M	58.9M	27.0M	21.6M	15.0M
Gross Profit	116.6M	92.1M	70.4M	65.0M	75.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	47.1M	44.2M	35.2M	25.8M	24.5M
General & Admin Expense	47.1M	44.2M	35.2M	25.8M	24.5M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	51.0M	26.2M	18.3M	15.4M	14.7M
Total Operating Expenses	98.1M	70.3M	53.5M	41.2M	39.2M
Cost and Expenses	183.5M	129.2M	80.5M	62.8M	54.2M
Operating Income (EBIT)	18.5M	21.8M	17.0M	23.8M	36.0M
Non-Operating
Interest Income	121.7M	92.5M	74.4M	64.5M	52.3M
Interest Expense	21.7M	20.3M	15.4M	10.0M	1.4M
Net Interest Income	100.0M	72.2M	58.9M	54.6M	50.9M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	18.5M	21.8M	17.0M	23.8M	36.0M
Income Tax Expense	4.8M	5.7M	4.2M	6.4M	10.9M
Bottom Line
Net Income	13.7M	16.1M	12.7M	17.5M	25.1M
Earnings from Cont. Ops	13.7M	16.1M	12.7M	17.5M	25.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	13.4M	16.1M	12.4M	17.2M	24.9M
Per Share
Basic EPS	$1.03	$1.25	$0.98	$1.38	$1.96
Diluted EPS	$0.96	$1.13	$0.93	$1.33	$1.87
Revenue Per Share	$15.41	$11.77	$7.73	$6.93	$7.09
Shares
Basic Shares Outstanding	13.1M	12.8M	12.6M	12.5M	12.7M
Diluted Shares Outstanding	13.7M	13.6M	13.2M	12.9M	13.4M
Profitability Metrics
EBITDA	22.0M	26.6M	22.3M	27.6M	38.1M
D&A	3.5M	4.9M	5.3M	3.8M	2.1M
EBIT	18.5M	21.8M	17.0M	23.8M	36.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026