FinWise Bancorp Balance Sheet Health
Financial Health criteria checks 4/6
FinWise Bancorp has total assets of $683.0M and total equity of $170.4M. Total deposits are $488.7M, and total loans are $418.1M earning a Net Interest Margin of 11.7%. It has insufficient allowance for bad loans, which are currently at 6.9% of total loans. Cash and short-term investments are $85.8M.
Key information
4x
Asset to equity ratio
11.7%
Net interest margin
| Total deposits | US$488.66m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 6.9% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$85.77m |
Recent financial health updates
Recent updates
FinWise Bancorp: Pricey For A Reason
Dec 07Need 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 (4x) is low.
Allowance for Bad Loans: FINW has a low allowance for bad loans (42%).
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 (61%).
Low Risk Deposits: FINW's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: FINW has a high level of bad loans (6.9%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 21:36 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
FinWise Bancorp is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Liesch | Piper Sandler Companies |
| David Feaster | Raymond James & Associates |
| Joseph Yanchunis | Raymond James & Associates |