FINW
Income statement / Annual
Last year (2024), FinWise Bancorp's total revenue was $97.46 M,
an increase of 12.56% from the previous year.
In 2024, FinWise Bancorp's net income was $12.74 M.
See FinWise Bancorp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$97.46 M |
$86.59 M |
$90.22 M |
$81.09 M |
$43.83 M |
$35.27 M |
| Cost of Revenue |
$27.01 M
|
$21.61 M
|
$14.95 M
|
$9.30 M
|
$6.99 M
|
$6.75 M
|
| Gross Profit |
$70.45 M
|
$64.98 M
|
$75.27 M
|
$71.78 M
|
$36.84 M
|
$28.52 M
|
| Gross Profit Ratio |
0.72
|
0.75
|
0.83
|
0.89
|
0.84
|
0.81
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$35.21 M
|
$25.75 M
|
$24.49 M
|
$21.74 M
|
$16.84 M
|
$11.89 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$35.21 M
|
$25.75 M
|
$24.49 M
|
$21.74 M
|
$16.84 M
|
$11.89 M
|
| Other Expenses |
$18.26 M
|
$15.41 M
|
$14.75 M
|
$7.77 M
|
$4.86 M
|
$3.79 M
|
| Operating Expenses |
$53.46 M
|
$41.16 M
|
$39.23 M
|
$29.51 M
|
$21.70 M
|
$15.69 M
|
| Cost And Expenses |
$80.47 M
|
$62.78 M
|
$54.19 M
|
$38.82 M
|
$28.69 M
|
$22.44 M
|
| Interest Income |
$74.35 M
|
$64.53 M
|
$52.33 M
|
$49.24 M
|
$29.51 M
|
$21.41 M
|
| Interest Expense |
$15.44 M
|
$9.98 M
|
$1.43 M
|
$1.27 M
|
$1.76 M
|
$1.46 M
|
| Depreciation & Amortization |
$5.29 M
|
$3.81 M
|
$2.11 M
|
$1.04 M
|
$1.01 M
|
$460.00 K
|
| EBITDA |
$22.28 M |
$27.62 M |
$38.14 M |
$43.31 M |
$16.15 M |
$13.30 M |
| EBITDA Ratio |
0.23
|
0.32
|
0.42
|
0.53
|
0.37
|
0.38
|
| Operating Income Ratio |
0.17
|
0.28
|
0.4
|
0.52
|
0.35
|
0.36
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$16.99 M
|
$23.81 M
|
$36.03 M
|
$42.27 M
|
$15.14 M
|
$12.84 M
|
| Income Before Tax Ratio |
0.17
|
0.28
|
0.4
|
0.52
|
0.35
|
0.36
|
| Income Tax Expense |
$4.25 M
|
$6.35 M
|
$10.92 M
|
$10.69 M
|
$3.94 M
|
$3.18 M
|
| Net Income |
$12.74 M
|
$17.46 M
|
$25.12 M
|
$31.58 M
|
$11.20 M
|
$9.66 M
|
| Net Income Ratio |
0.13
|
0.2
|
0.28
|
0.39
|
0.26
|
0.27
|
| EPS |
0.98 |
1.38 |
1.96 |
3.44 |
1.27 |
0.79 |
| EPS Diluted |
0.93 |
1.33 |
1.87 |
3.27 |
1.21 |
0.79 |
| Weighted Average Shares Out |
$12.61 M
|
$12.49 M
|
$12.73 M
|
$8.67 M
|
$8.18 M
|
$12.25 M
|
| Weighted Average Shares Out Diluted |
$13.23 M
|
$12.91 M
|
$13.36 M
|
$9.11 M
|
$11.93 M
|
$12.25 M
|
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