Finwise Historical Income Statement

FINW Stock  USD 18.81  0.01  0.05%   
Historical analysis of Finwise Bancorp income statement accounts such as Interest Income of 46.7 M or Depreciation And Amortization of 4 M can show how well Finwise Bancorp performed in making a profits. Evaluating Finwise Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Finwise Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Finwise Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Finwise Bancorp is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finwise Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Finwise Stock please use our How to Invest in Finwise Bancorp guide.

About Finwise Income Statement Analysis

Finwise Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Finwise Bancorp shareholders. The income statement also shows Finwise investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Finwise Bancorp Income Statement Chart

At this time, Finwise Bancorp's Reconciled Depreciation is fairly stable compared to the past year. Income Before Tax is likely to climb to about 28.6 M in 2024, whereas Interest Income is likely to drop slightly above 46.7 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts Finwise Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Finwise Bancorp minus its cost of goods sold. It is profit before Finwise Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Finwise Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Finwise Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Finwise Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Finwise Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finwise Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Finwise Stock please use our How to Invest in Finwise Bancorp guide.At this time, Finwise Bancorp's Reconciled Depreciation is fairly stable compared to the past year. Income Before Tax is likely to climb to about 28.6 M in 2024, whereas Interest Income is likely to drop slightly above 46.7 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income48.0M50.9M52.8M43.9M
Tax Provision10.7M10.9M7.2M7.9M

Finwise Bancorp income statement Correlations

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Finwise Bancorp Account Relationship Matchups

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When running Finwise Bancorp's price analysis, check to measure Finwise Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finwise Bancorp is operating at the current time. Most of Finwise Bancorp's value examination focuses on studying past and present price action to predict the probability of Finwise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finwise Bancorp's price. Additionally, you may evaluate how the addition of Finwise Bancorp to your portfolios can decrease your overall portfolio volatility.