FINW
Income statement / Annual
Last year (2023), FinWise Bancorp's total revenue was $85.12 M,
an increase of 1,460.76% from the previous year.
In 2023, FinWise Bancorp's net income was $17.46 M.
See FinWise Bancorp’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$85.12 M
|
$5.45 M
|
$79.82 M
|
$42.07 M
|
$33.81 M
|
| Cost of Revenue |
$6.54 M |
$4.88 M |
$5.54 M |
$0.00 |
$0.00 |
| Gross Profit |
$78.58 M |
$573,000.00 |
$74.29 M |
$42.07 M |
$33.81 M |
| Gross Profit Ratio |
0.92 |
0.11 |
0.93 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$25.75 M
|
$24.49 M
|
$22.37 M
|
$16.84 M
|
$11.89 M
|
| Selling & Marketing
Expenses |
$29.06 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$25.75 M
|
$24.49 M
|
$22.37 M
|
$16.84 M
|
$11.89 M
|
| Other Expenses |
-$11.13 M |
$4.88 M |
-$59.92 M |
-$43.77 M |
-$32.87 M |
| Operating Expenses |
$11.13 M |
$4.88 M |
-$37.55 M |
-$26.93 M |
-$20.97 M |
| Cost And Expenses |
$62.40 M |
$4.88 M |
-$37.55 M |
-$26.93 M |
-$20.97 M |
| Interest Income |
$64.53 M |
$52.33 M |
$49.24 M |
$29.51 M |
$21.41 M |
| Interest Expense |
$9.98 M |
$1.43 M |
$1.27 M |
$1.76 M |
$1.46 M |
| Depreciation &
Amortization |
$3.81 M
|
$2.11 M
|
$743,000.00
|
$300,000.00
|
$200,000.00
|
| EBITDA |
$3.52 M
|
$37.47 M
|
$43.02 M
|
$16.15 M
|
$13.30 M
|
| EBITDA Ratio |
0.04 |
6.87 |
0.54 |
0.38 |
0.39 |
| Operating Income Ratio
|
0.88
|
6.48
|
0.53
|
0.36
|
0.38
|
| Total Other
Income/Expenses Net |
$23.81 M
|
$673,000.00
|
$42.27 M
|
$15.14 M
|
$12.84 M
|
| Income Before Tax |
$23.81 M |
$36.03 M |
$42.27 M |
$15.14 M |
$12.84 M |
| Income Before Tax Ratio
|
0.28
|
6.61
|
0.53
|
0.36
|
0.38
|
| Income Tax Expense |
$6.35 M |
$10.92 M |
$10.69 M |
$3.94 M |
$3.18 M |
| Net Income |
$17.46 M |
$25.12 M |
$31.58 M |
$11.20 M |
$9.66 M |
| Net Income Ratio |
0.21 |
4.6 |
0.4 |
0.27 |
0.29 |
| EPS |
1.38 |
1.96 |
3.44 |
0.85 |
0.79 |
| EPS Diluted |
1.33 |
1.87 |
3.27 |
0.85 |
0.79 |
| Weighted Average Shares
Out |
$12.49 M
|
$12.73 M
|
$8.67 M
|
$12.25 M
|
$12.25 M
|
| Weighted Average Shares
Out Diluted |
$12.91 M
|
$13.36 M
|
$9.11 M
|
$12.25 M
|
$12.25 M
|
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