How has FinWise Bancorp's provision for (reversal of) credit losses changed year-over-year?

FinWise Bancorp's provision for (reversal of) credit losses increased by 217.2% year-over-year, from $3.34M to $10.58M.

What does provision for (reversal of) credit losses mean?

This represents the expense recognized to maintain an adequate allowance for potential losses on the loan portfolio based on credit risk assessments. It reflects management's current outlook on the credit quality of the bank's borrowers and the broader economic environment.

FinWise Bancorp FINW Provision for (Reversal of) Credit Losses

Provision for (Reversal of) Credit Losses at other companies

FRA

Franklin Financial Services CorporationFRAF

$202K-73.1%

California BanCorpBCAL

-$381K+89.9%

The BancorpTBBK

$27.5M-41.2%

First BanCorpFBP

$17.17M-30.9%

TFI

Triumph FinancialTFIN

-$607K-146%

RenasantRNST

$3.72M+854%

Segments

By segment

See full

BaaS$7.98M—

Traditional Banking$2.6M—

Treasury and Administration$0—

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

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:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossExpenseReversalIncludingUnfundedCommitments.

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 provision for (reversal of) credit losses?: FinWise Bancorp (FINW) reported provision for (reversal of) credit losses of $10.58M in Q1 2026.
How has FinWise Bancorp's provision for (reversal of) credit losses changed year-over-year?: FinWise Bancorp's provision for (reversal of) credit losses increased by 217.2% year-over-year, from $3.34M to $10.58M.
What does provision for (reversal of) credit losses mean?: This represents the expense recognized to maintain an adequate allowance for potential losses on the loan portfolio based on credit risk assessments. It reflects management's current outlook on the credit quality of the bank's borrowers and the broader economic environment.