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FinWise Bancorp FINW Impairment (recovery) of SBA servicing asset

Impairment (recovery) of SBA servicing asset at other companies

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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+8.0%
P/E12.7×-0.9×
P/S1.3×-0.7×

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:SmallBusinessAdministrationServicingAssetImpairmentRecovery.

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 impairment (recovery) of SBA servicing asset?
FinWise Bancorp (FINW) reported impairment (recovery) of SBA servicing asset of $144K in Q1 2026.
How has FinWise Bancorp's impairment (recovery) of SBA servicing asset changed year-over-year?
FinWise Bancorp's impairment (recovery) of SBA servicing asset increased by 280.0% year-over-year, from -$80K to $144K.
What does impairment (recovery) of SBA servicing asset mean?
This captures the non-cash impairment charges or recoveries related to the valuation of servicing rights for Small Business Administration (SBA) loans. It reflects changes in the estimated fair value of the right to service these loans over time, influenced by prepayment speeds and interest rate environments. Significant fluctuations can indicate volatility in the underlying loan portfolio's performance.