Finwise Historical Income Statement

FINW Stock  USD 18.53  1.91  11.49%   
Historical analysis of Finwise Bancorp income statement accounts such as Interest Income of 46.7 M or Depreciation And Amortization of 4.6 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 Income Tax Expense is fairly stable compared to the past year.

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.

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.
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 Income Tax Expense is fairly stable compared to the past year.
 2022 2023 2024 2025 (projected)
Net Interest Income50.9M52.8M60.8M43.9M
Tax Provision10.9M7.2M8.2M7.9M

Finwise Bancorp income statement Correlations

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0.290.450.480.370.51-0.350.990.990.370.450.380.40.230.370.350.310.40.250.69-0.3
0.270.480.510.440.58-0.430.980.990.330.410.340.370.320.450.310.370.350.220.77-0.34
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0.980.910.870.620.470.240.550.450.410.990.991.00.470.620.990.030.990.980.31-0.38
0.990.870.830.570.410.320.480.380.341.00.990.990.410.571.0-0.041.00.990.22-0.36
0.990.920.880.640.480.250.510.40.370.991.00.990.490.640.990.030.990.980.31-0.39
0.510.730.770.980.95-0.60.330.230.320.40.470.410.490.970.40.750.390.440.74-0.74
0.650.840.860.990.96-0.490.460.370.450.570.620.570.640.970.570.630.550.590.75-0.77
0.990.860.820.560.390.340.450.350.311.00.991.00.990.40.57-0.061.00.990.2-0.35
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0.980.860.810.550.390.330.490.40.351.00.991.00.990.390.551.0-0.050.980.21-0.35
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0.250.590.650.760.86-0.740.730.690.770.210.310.220.310.740.750.20.750.210.17-0.58
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Finwise Bancorp Account Relationship Matchups

Finwise Bancorp income statement Accounts

202020212022202320242025 (projected)
Tax Provision3.9M10.7M10.9M7.2M8.2M7.9M
Net Interest Income27.8M48.0M50.9M52.8M60.8M43.9M
Interest Income29.5M49.2M52.3M59.8M68.7M46.7M
Depreciation And Amortization300K743K2.1M3.8M4.4M4.6M
Interest Expense1.8M1.3M1.4M10.0M11.5M12.0M
Selling General Administrative16.8M22.4M24.5M5.0M4.5M4.2M
Total Revenue42.1M79.8M5.5M64.0M73.6M49.5M
Gross Profit42.1M74.3M573K57.5M66.1M45.8M
Other Operating Expenses26.9M37.6M4.9M34.0M39.1M27.4M
Operating Income15.1M42.3M35.4M23.8M27.4M28.5M
Net Income From Continuing Ops11.2M31.6M25.1M19.8M22.8M21.4M
Ebit15.1M41.4M34.4M23.8M27.4M28.1M
Ebitda15.4M42.2M36.5M27.6M31.8M29.7M
Total Operating Expenses(26.9M)(37.6M)4.9M34.0M39.1M41.1M
Reconciled Depreciation1.0M743K2.1M3.6M4.1M4.4M
Income Before Tax15.1M42.3M36.0M23.8M27.4M28.6M
Total Other Income Expense Net(4.1M)1.2M1.6M23.8M27.4M28.8M
Net Income11.2M31.6M25.1M17.5M20.1M20.9M
Income Tax Expense3.9M10.7M10.9M6.4M7.3M7.7M

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Additional Tools for Finwise Stock Analysis

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.