Finwise Bancorp

Company Profile

Finwise Bancorp had its IPO on 2021-11-19 under the ticker symbol FINW.

The company operates in the Financial Services sector and Banks-Regional industry. Finwise Bancorp has a staff strength of 140 employees.

Stock update

Shares of Finwise Bancorp opened at $9.09 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9 - $9.26, and closed at $9.

This is a -0.33% slip from the previous day's closing price.

A total volume of 13,869 shares were traded at the close of the day’s session.

In the last one week, shares of Finwise Bancorp have slipped by -7.79%.

Finwise Bancorp's Key Ratios

Finwise Bancorp has a market cap of $109.36 million, indicating a price to book ratio of 0.8412 and a price to sales ratio of 1.6107.

In the last 12-months Finwise Bancorp’s revenue was $67.06 million with a gross profit of $74.79 million and an EBITDA of $0. The EBITDA ratio measures Finwise Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Finwise Bancorp’s operating margin was 44.95% while its return on assets stood at 4.51% with a return of equity of 14.51%.

In Q1, Finwise Bancorp’s quarterly earnings growth was a negative -58.6% while revenue growth was a negative 35.6%.

Finwise Bancorp’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.651

PEG

Its diluted EPS in the last 12-months stands at $1.49 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Finwise Bancorp’s profitability.

Finwise Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.6107.

Finwise Bancorp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$442.30 million

Total Liabilities

$117000.00

Operating Cash Flow

$-38259000.00

Capital Expenditure

$178000

Dividend Payout Ratio

0%

Finwise Bancorp ended 2024 with $442.30 million in total assets and $0 in total liabilities. Its intangible assets were valued at $442.30 million while shareholder equity stood at $144.35 million.

Finwise Bancorp ended 2024 with $0 in deferred long-term liabilities, $117000.00 in other current liabilities, 13000.00 in common stock, $89.51 million in retained earnings and $0 in goodwill. Its cash balance stood at $105.61 million and cash and short-term investments were $105.61 million. The company’s total short-term debt was $6,781,000 while long-term debt stood at $283000.00.

Finwise Bancorp’s total current assets stands at $107.78 million while long-term investments were $18.38 million and short-term investments were $13.88 million. Its net receivables were $2.17 million compared to accounts payable of $117000.00 and inventory worth $0.

In 2024, Finwise Bancorp's operating cash flow was $-38259000.00 while its capital expenditure stood at $178000.

Comparatively, Finwise Bancorp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$9

52-Week High

$13.48

52-Week Low

$7.61

Analyst Target Price

$10

Finwise Bancorp stock is currently trading at $9 per share. It touched a 52-week high of $13.48 and a 52-week low of $13.48. Analysts tracking the stock have a 12-month average target price of $10.

Its 50-day moving average was $9.47 and 200-day moving average was $9.04 The short ratio stood at 1.01 indicating a short percent outstanding of 0%.

Around 2994.5% of the company’s stock are held by insiders while 2542.6% are held by institutions.