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FinWise Bancorp FINW Traditional Banking — Net Income

Other segment segments

BaaS
$2.86M
Treasury and Administration
$35K

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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 us-gaap:NetIncomeLoss.

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 traditional banking — net income?
FinWise Bancorp (FINW) reported traditional banking — net income of -$159K in Q1 2026.
What does traditional banking — net income mean?
This metric represents the residual profit generated by the traditional banking segment after deducting all operating expenses, provisions for credit losses, and income taxes from total segment revenue. It serves as the primary indicator of the segment's bottom-line financial performance and its ability to generate value for the parent organization. Analyzing this figure allows stakeholders to evaluate the core profitability and operational efficiency of the bank's traditional lending and deposit-taking activities.