FINW
Income statement / Annual
Last year (2023), FinWise Bancorp's total revenue was $64.00 M,
an increase of 1,073.47% 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 |
$64.00 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 |
$57.46 M
|
$573,000.00
|
$74.29 M
|
$42.07 M
|
$33.81 M
|
| Gross Profit Ratio |
0.9
|
0.11
|
0.93
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$4.96 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 |
$34.02 M
|
$24.49 M
|
$22.37 M
|
$16.84 M
|
$11.89 M
|
| Other Expenses |
$0.00
|
$4.88 M
|
-$59.92 M
|
-$43.77 M
|
-$32.87 M
|
| Operating Expenses |
$34.02 M
|
$4.88 M
|
-$37.55 M
|
-$26.93 M
|
-$20.97 M
|
| Cost And Expenses |
$34.02 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 |
$27.62 M |
$36.54 M |
$42.15 M |
$15.44 M |
$13.04 M |
| EBITDA Ratio |
0.43
|
6.87
|
0.54
|
0.38
|
0.39
|
| Operating Income Ratio |
0.37
|
6.48
|
0.53
|
0.36
|
0.38
|
| Total Other Income/Expenses Net |
$0.00
|
$1.60 M
|
$1.16 M
|
-$4.07 M
|
-$3.16 M
|
| Income Before Tax |
$23.81 M
|
$36.03 M
|
$42.27 M
|
$15.14 M
|
$12.84 M
|
| Income Before Tax Ratio |
0.37
|
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 |
0.27
|
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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