FINW
FinWise Bancorp
FINW's fundamentals are mixed, but it looks expensive: trading at 11x earnings, in line with its usual 9.8x, but 16x next year's expected earnings.
FINW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
FINW's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FINW.
FINW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.2x | $5.71 | -61% |
| Fair | 9.7x | $13.13 | -9.4% |
| Current | 11x | $14.49 | — |
| Forward | 16x | $14.49 | — |
| Expensive | 17x | $22.71 | +57% |
Historical ranges are pointers, not guarantees.
FINW's PE is in its fair range at 11x. Analysts expect earnings to fall, which would put today's price at 16x next year's earnings, in its expensive range.
FINW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect FINW's revenue to grow, but its earnings and profitability to decline.
FINW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.91 | -33% |
| Q3 2026 | $1.35 | +29% |
| Q2 2026 | $0.96 | 0% |
| Q1 2026 | $1.10 | +21% |
| Q4 2025 | $1.13 | +22% |
| Q3 2025 | $1.05 | -0.9% |
| Q2 2025 | $0.96 | -19% |
| Q1 2025 | $0.91 | -29% |
| Q4 2024 | $0.93 | -30% |
FINW's earnings per share have fallen from their peak: $1.35 over the past year, against $1.87 in late 2022.
FINW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $102.7M | +180% |
| Q2 2026 | $54.3M | +117% |
| Q1 2026 | $42.7M | +93% |
| Q4 2025 | $46.9M | +122% |
| Q3 2025 | $36.7M | +76% |
| Q2 2025 | $25.1M | +29% |
| Q1 2025 | $22.1M | +13% |
| Q4 2024 | $21.1M | +3.6% |
FINW's revenue has grown year over year for 11 quarters in a row: $103M last quarter, up 180% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | -4.6 points |
| Q2 2026 | 5.2% | -17 points |
| Q1 2026 | 8.9% | -11 points |
| Q4 2025 | 12% | -5.8 points |
| Q3 2025 | 17% | -4.7 points |
| Q2 2025 | 22% | +0.2 points |
| Q1 2025 | 20% | -3.1 points |
| Q4 2024 | 17% | -11 points |
FINW's operating margin was 13% last quarter, down 4.6 points from the same quarter a year ago.
FINW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $63.4M | +1747% |
| Q2 2026 | -$25.7M | -$8.8M |
| Q1 2026 | $19.7M | +$42.9M |
| Q4 2025 | $8.1M | +1263% |
| Q3 2025 | $3.4M | +$15.5M |
| Q2 2025 | -$16.9M | -$8.1M |
| Q1 2025 | -$23.3M | -6594% |
| Q4 2024 | $592K | -93% |
FINW's free cash flow was $65M over the past year, against −$36M the year before. Free cash flow isn't a meaningful measure for financial services companies like FINW.
FINW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -10.4K shares |
| 1 year | +0.3% | +47.5K shares |
| 3 years | +6.2% | +795K shares |
FINW has 14M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.2M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $5,000 |
| Q2 2024 | $286,000 |
FINW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.1x | Net Cash |
| Q2 2026 | -4.0x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.1x | Net Cash |
| Q3 2025 | -4.3x | Net Cash |
| Q2 2025 | -3.9x | Net Cash |
| Q1 2025 | -5.3x | Net Cash |
| Q4 2024 | -4.9x | Net Cash |
FINW has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FINW.
FINW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.3 | Neutral |
| Stochastic | 82.0 | Overbought |
FINW's weekly RSI is 56 (neutral) and its Stochastic is 82 (overbought).
FINW PE vs Financial Services Sector
| Metric | FINW | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 18% below |
| PE % | 53 | 64 | 11 pts below |
FINW is trading at 11x earnings, a 18% discount to the Financial Services sector's median of 13x.
FINW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.0 | 20% above |
| 20 week MA | $13.1 | 11% above |
| 50 week MA | $15.0 | 3.4% below |
| 100 week MA | $16.1 | 9.9% below |
| 200 week MA | $13.6 | 6.5% above |
FINW's trend is mixed: it's above three of its five weekly moving averages, and 6.5% above its 200-week average.
FINW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $12.7 | $13.4 | +5.4% |
| 2022 | $13.4 | $9.68 | -28% |
| 2023 | $9.68 | $14.3 | +48% |
| 2024 | $14.3 | $16.1 | +13% |
| 2025 | $16.1 | $17.8 | +11% |
| 2026 YTD | $17.8 | $14.5 | -19% |
FINW has finished higher in four of the last five years. It's down 19% so far in 2026.