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FinWise Bancorp FINW Traditional Banking — Provision for income taxes

Other segment segments

BaaS
$1.19M
Treasury and Administration
$9K

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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:IncomeTaxExpenseBenefit.

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 — provision for income taxes?
FinWise Bancorp (FINW) reported traditional banking — provision for income taxes of -$138K in Q1 2026.
What does traditional banking — provision for income taxes mean?
This metric represents the estimated annual expense recognized by the traditional banking segment for federal, state, and local income taxes. It reflects the tax liability incurred on the segment's pre-tax earnings, adjusted for permanent and temporary differences between financial reporting and tax accounting. Monitoring this figure helps investors understand the segment's effective tax rate and its contribution to the overall corporate tax burden.