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FinWise Bancorp FINW BaaS — Income Before Other Operating Expense Allocation

Other segment segments

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$1.72M
Treasury and Administration
$44K

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Other financials

Income statement

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Revenue$42.7M+93.4%
Net income$2.7M-14.2%
EPS (diluted)$0.20-13.0%

Balance sheet

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Cash & equivalents$96.9M-19.4%
Total debt$4.4M-16.9%
Total equity$196.6M+10.9%
Total assets$899.4M+11.9%

Cash flow

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Operating cash flow$19.7M+191%
CapEx$21.0K-82.1%
Free cash flow$19.7M+191%

Valuation

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Market cap$198.74M+7.6%
P/E12.7×-0.9×
P/S1.3×-0.8×

Profitability

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Net margin10.3%-4.7pp
FCF margin-14.7%-40.8pp

Returns & leverage

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Return on equity8.4%+0.9pp
Debt / equity0.0×

Where this comes from

Reported directly by FinWise Bancorp in its filing.

Tagged under the XBRL concept finw:IncomeBeforeOtherOperatingExpenseAllocation.

The official record: FinWise Bancorp’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FinWise Bancorp's baas — income before other operating expense allocation?
FinWise Bancorp (FINW) reported baas — income before other operating expense allocation of $12.16M in Q1 2026.
What does baas — income before other operating expense allocation mean?
The segment's operating profit calculated after accounting for interest income, non-interest income, operating expenses, and credit provisions, but before corporate-level overhead allocations. This provides a view of the segment's direct operational contribution.