Finwise Bancorp (FINW) Non Operating Interest Expenses (2021 - 2024)
Finwise Bancorp (FINW) posted Non Operating Interest Expenses of $3.6 million for Q1 2024, down 1.25% on a QoQ basis from $3.7 million in Q4 2023, and up 181.0% year-over-year from $1.3 million in Q2 2023.
Analysis
Finwise Bancorp (FINW) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Finwise Bancorp has reported Non Operating Interest Expenses for 4 years, with the latest figure at $3.6 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 181.0% year-over-year to $3.6 million in Q1 2024; TTM through Mar 2024 was $12.3 million, a 399.35% increase from a year earlier, with the FY2023 full-year figure at $10.0 million, up 595.61% from the prior year.
- Non Operating Interest Expenses was $3.6 million for Q1 2024 at Finwise Bancorp, down from $3.7 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $3.7 million in Q4 2023, with the low at $244000.0 in Q2 2022.
- Average Non Operating Interest Expenses over 4 years is $1.3 million, with a median of $372000.0 recorded in 2021.
- The sharpest annual moves came in 2022 and 2023: Non Operating Interest Expenses declined 29.57% in 2022, then surged 821.38% in 2023.
- Over 4 years, Non Operating Interest Expenses stood at $281000.0 in 2021, then jumped by 122.06% to $624000.0 in 2022, then jumped by 490.54% to $3.7 million in 2023, then declined by 1.25% to $3.6 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $3.6 million (Q1 2024), $3.7 million (Q4 2023), and $2.8 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Finwise Bancorp | 177.61 Mn | 83.97 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 3.64 Mn |
| Dec 31, 2023 | 3.69 Mn |
| Sep 30, 2023 | 2.80 Mn |
| Jun 30, 2023 | 2.19 Mn |
| Mar 31, 2023 | 1.30 Mn |
| Dec 31, 2022 | 624,000.00 |
| Sep 30, 2022 | 304,000.00 |
| Jun 30, 2022 | 244,000.00 |
| Mar 31, 2022 | 262,000.00 |
| Dec 31, 2021 | 281,000.00 |
| Sep 30, 2021 | 279,000.00 |
| Jun 30, 2021 | 333,000.00 |
| Mar 31, 2021 | 372,000.00 |