FinWise Bancorp Balance Sheet Health
Financial Health criteria checks 4/6
FinWise Bancorp has total assets of $610.8M and total equity of $162.5M. Total deposits are $424.1M, and total loans are $358.6M earning a Net Interest Margin of 11.7%. It has insufficient allowance for bad loans, which are currently at 7.1% of total loans. Cash and short-term investments are $115.8M.
Key information
3.8x
Asset to equity ratio
11.7%
Net interest margin
| Total deposits | US$424.10m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 7.1% |
| Allowance for bad loans | Low |
| Current ratio | Good |
| Cash & equivalents | US$115.79m |
Recent financial health updates
Recent updates
Need To Know: Analysts Are Much More Bullish On FinWise Bancorp (NASDAQ:FINW) Revenues
Jul 30
FinWise Bancorp chairman Russell Healey, Jr. retires
Oct 14FinWise Bancorp announces stock buyback program
Aug 18FinWise Bancorp GAAP EPS of $0.41 misses by $0.16, revenue of $21.20M misses by $1.49M
Jul 27FinWise Bancorp: A Risky Fintech-Heavy Partnership Model With Huge Potential Upside
Jan 07Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FINW's Assets to Equity ratio (3.8x) is low.
Allowance for Bad Loans: FINW has a low allowance for bad loans (49%).
Low Risk Liabilities: 95% of FINW's liabilities are made up of primarily low risk sources of funding.
Loan Level: FINW has an appropriate level of Loans to Assets ratio (59%).
Low Risk Deposits: FINW's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: FINW has a high level of bad loans (7.1%).