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Finwise Bancorp (FINW)

For the quarter ending 2025-06-30, FINW made $30,175K in revenue. $4,097K in net income. Net profit margin of 13.58%.

Overview

Revenue
$30,175K
Net Income
$4,097K
Net Profit Margin
13.58%
EPS
$0.29
Unit: Thousand (K) dollars
Revenue Breakdown
    • Interest and fees on loans
    • Strategic program fees
    • Credit enhancement income
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
Provision for income taxes1,330
Other miscellaneous income971
Gain on sale of loans, net1,483
Change in fair value on investment in bfg300
Strategic program fees5,404
Sba loan servicing fees, net-96
Credit enhancement income2,275
Total non-interest income10,337
Professional services949
Other operating expenses2,949
Occupancy and equipment expenses445
Salaries and employee benefits10,491
Credit enhancement expense78
Total non-interest expense14,912
Interest on deposits5,014
Total interest expense5,014
Other interest income867
Interest and fees on loans18,485
Interest on securities390
Total interest income19,742
Net interest income14,728
Provision for credit losses4,726
Net interest income after provision for credit losses10,002
Income before income taxes5,427
Net income4,097
Earnings per share, basic (in dollars per share)0.31
Earnings per share, diluted (in dollars per share)0.29
Weighted average shares outstanding, basic (in shares)12,781,508
Weighted average shares outstanding, diluted (in shares)13,472,394
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Interest on securities$390K Interest and fees on loans$18,485K Other interest income$867K Total interest income$19,742K Net interest income$14,728K Credit enhancementincome$2,275K Strategic program fees$5,404K Change in fair value oninvestment in bfg$300K Gain on sale of loans,net$1,483K Other miscellaneousincome$971K Total interestexpense$5,014K Net interest incomeafter provision for...$10,002K Total non-interestincome$10,337K Provision for creditlosses$4,726K Sba loan servicingfees, net-$96K Interest on deposits$5,014K Income before incometaxes$5,427K Total non-interestexpense$14,912K Net income$4,097K Provision for income taxes$1,330K Credit enhancementexpense$78K Salaries and employeebenefits$10,491K Occupancy and equipmentexpenses$445K Other operatingexpenses$2,949K Professional services$949K