Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Finwise Bancorp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2022
FY2023
FY2024
FY2025
Interest expense
1.27
1.43
9.98
Pre-tax income
42.3
36
23.8
17
21.8
Income tax
10.7
10.9
6.35
4.25
5.67
Net income
31.6
25.1
17.5
12.7
16.1
EPS, basic
3.44
1.96
1.38
0.98
1.20
EPS, diluted
3.27
1.87
1.33
0.93
1.13
Shares, basic (weighted)
8.67
12.7
12.5
12.6
12.8
Shares, diluted (weighted)
9.11
13.4
12.9
13.2
13.6
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
85.8
101
117
109
163
Property, plant and equipment
3.29
9.48
14.6
3.55
2.54
Lease right-of-use assets
0
5.04
4.29
3.56
2.96
Total assets
380
401
586
746
977
Total liabilities
265
260
431
572
784
Paid-in capital
54.8
54.6
51.2
56.9
61
Retained earnings
60.6
85.8
104
117
132
Other comprehensive income
0
0.19
0.03
Shareholders' equity
115
140
155
174
193
Total equity
115
140
155
174
193
Total liabilities and equity
380
401
586
746
977
Shares outstanding
12.8
12.8
12.5
13.2
13.7
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
31.6
25.1
17.5
12.7
16.1
Depreciation and amortization
1.04
2.11
2.3
1.1
0.9
Stock-based compensation
2.1
0.78
2.05
2.05
3.58
Deferred income tax
0.09
-3.19
Cash from operations
-9.23
61.2
12.3
-15
-28.4
Capital expenditures
-2.33
-7.21
-7.46
-1.08
-0.22
Purchases of investments
0
-30
0
Sales and maturities of investments
0
2.5
Cash from investing
24.3
-35.8
-153
-132
-127
Stock issued
0.31
0.26
0.04
0.03
0.48
Share buybacks
0
-1.14
-4.74
-0.46
0
Cash from financing
23.3
-10.5
157
140
210
Net change in cash
38.4
14.8
16.4
-7.81
54.2
Free cash flow
-11.6
53.9
4.81
-16.1
-28.6
Interest paid
1.41
1.43
9.41
14.6
19.2
Income taxes paid
10.5
9.36
6.63
8.06
7.06
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $11.32 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Effective tax rate
26.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
6.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.5%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
26.3%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
-13.8%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
21.5%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
-15.5%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
11.2%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
11.2%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
31.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
34.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
2.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
0.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
0.9%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.00
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share
$0.40
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.40
Cash from operations / diluted weighted shares.
Book value per share
$14.55
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
11.5x
Market cap / net income. Only when net income is positive.
P/B
0.79x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.79x
Market cap / tangible book value, when positive.
P/FCF
28.7x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
28.4x
Market cap / cash from operations, when positive.
EV/FCF
11.6x
Enterprise value / free cash flow, when both are positive.
FCF yield
3.5%
Free cash flow / market cap.
Earnings yield
8.7%
Net income / market cap (the inverse of P/E).
Was Finwise Bancorp profitable in fiscal 2025?
Yes. Net income was $16.1M, a net margin of -.
How much free cash flow did Finwise Bancorp generate in fiscal 2025?
Cash from operations of $28.4M minus capital expenditures of $219.0K left free cash flow of -$28.6M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.