What is FinWise Bancorp's baas — interest expense?

FinWise Bancorp (FINW) reported baas — interest expense of $1.34M in Q1 2026.

What does baas — interest expense mean?

The total cost of interest incurred by the Banking-as-a-Service segment on deposits or borrowings used to fund its lending operations. Monitoring this helps evaluate the segment's cost of funds and its impact on net interest margins.

FinWise Bancorp FINW BaaS — Interest Expense

Other segment segments

Treasury and Administration

$4.46M—

Traditional Banking

$3.01M—

Similar metrics at other companies

CCBBaaS loan expense — BaaS loan and fraud expense

$36.94M+13.6%

CCBBaaS program income — Noninterest income

$10.89M+73.4%

CCBBaaS fraud expense — BaaS loan and fraud expense

$3.06M+53.5%

CCBBaaS loan and fraud expense

$40M+15.9%

CCBServicing and other BaaS fees — Noninterest income

$2.62M+84.8%

CCBBaaS indemnification income — Noninterest income

$53.8M-3.3%

Other financials

Income statement

See full

Revenue$42.7M+93.4%

Net income$2.7M-14.2%

EPS (diluted)$0.20-13.0%

Balance sheet

See full

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

See full

Operating cash flow$19.7M+191%

CapEx$21.0K-82.1%

Free cash flow$19.7M+191%

Valuation

See full

Market cap$198.74M+7.6%

P/E12.7×-0.9×

P/S1.3×-0.8×

Profitability

See full

Net margin10.3%-4.7pp

FCF margin-14.7%-40.8pp

Returns & leverage

See full

Return on equity8.4%+0.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by FinWise Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

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

Ask your AI about FinWise Bancorp's baas — interest expense.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FinWise Bancorp's baas — interest expense?: FinWise Bancorp (FINW) reported baas — interest expense of $1.34M in Q1 2026.
What does baas — interest expense mean?: The total cost of interest incurred by the Banking-as-a-Service segment on deposits or borrowings used to fund its lending operations. Monitoring this helps evaluate the segment's cost of funds and its impact on net interest margins.