What is FinWise Bancorp's baas — other non-interest expense?

FinWise Bancorp (FINW) reported baas — other non-interest expense of $13.07M in Q1 2026.

What does baas — other non-interest expense mean?

Operating expenses for the Banking-as-a-Service segment excluding personnel costs, such as technology, administrative, and third-party platform costs. Managing these expenses is critical for maintaining the segment's overall operating leverage.

FinWise Bancorp FINW BaaS — Other non-interest expense

Other segment segments

Traditional Banking

$1.27M—

Treasury and Administration

$78K—

Similar metrics at other companies

CCBBaaS loan and fraud expense

$40M+15.9%

CCBBaaS program income — Noninterest income

$10.89M+73.4%

CCBServicing and other BaaS fees — Noninterest income

$2.62M+84.8%

ACNBBanking — Other noninterest expense

$7.36M-49.5%

FBKBanking — Other noninterest expense

$25.77M+19.1%

CCBBaaS loan expense — BaaS loan and fraud expense

$36.94M+13.6%

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 finw:OtherNonInterestExpenseAdjusted.

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 — other non-interest expense?: FinWise Bancorp (FINW) reported baas — other non-interest expense of $13.07M in Q1 2026.
What does baas — other non-interest expense mean?: Operating expenses for the Banking-as-a-Service segment excluding personnel costs, such as technology, administrative, and third-party platform costs. Managing these expenses is critical for maintaining the segment's overall operating leverage.