Finwise Bancorp (FINW) Rent Expense (2021 - 2026)
Finwise Bancorp (FINW) recorded Rent Expense of $417,000 in Q2 2026, down 6.3% from $445,000 a year earlier and down 1.9% from the prior quarter.
Finwise Bancorp (FINW) Rent Expense (2021 - 2026) Analysis & Trends
On a TTM basis, Finwise Bancorp's Rent Expense came in at $1.73 million as of Jun 30, 2026, down 16.2% year-over-year; for FY2025, it was $1.88 million, down 13.9% from FY2024.
- Annual Rent Expense has a four-year compound annual growth rate of 20.8% (FY2021 to FY2025).
- Across earlier years, Rent Expense came in at $2.18 million in FY2024 (-34.2%), $3.31 million in FY2023 (+50.3%), $2.2 million in FY2022 (+149.9%) and $882,000 in FY2021.
- The Q2 2026 figure is the lowest quarterly Rent Expense since Q1 2022.
- On a year-over-year basis, Rent Expense has declined for 11 consecutive quarters, with an average decline of 21.1% over the last eight quarters.
- Peak year-over-year performance for Rent Expense in the last five years was growth of 236.8% in Q4 2022, against a decline of 43.2% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $425,000 (Q1 2026), $434,000 (Q4 2025) and $456,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Finwise Bancorp | 154.12 Mn | -305.49 Mn | - | 417,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 417,000.00 |
| Mar 31, 2026 | 425,000.00 |
| Dec 31, 2025 | 434,000.00 |
| Sep 30, 2025 | 456,000.00 |
| Jun 30, 2025 | 445,000.00 |
| Mar 31, 2025 | 543,000.00 |
| Dec 31, 2024 | 535,000.00 |
| Sep 30, 2024 | 544,000.00 |
| Jun 30, 2024 | 556,000.00 |
| Mar 31, 2024 | 544,000.00 |
| Dec 31, 2023 | 924,000.00 |
| Sep 30, 2023 | 958,000.00 |
| Jun 30, 2023 | 718,000.00 |
| Mar 31, 2023 | 712,000.00 |
| Dec 31, 2022 | 943,000.00 |
| Sep 30, 2022 | 540,000.00 |
| Jun 30, 2022 | 469,000.00 |
| Mar 31, 2022 | 352,000.00 |
| Dec 31, 2021 | 280,000.00 |
| Sep 30, 2021 | 205,000.00 |
Finwise Bancorp Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=FINW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "FINW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=FINW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();