Finwise Bancorp (FINW) Rent Expense (2021 - 2026)
Finwise Bancorp (FINW) posted Rent Expense of $417000.0 for Q2 2026, down 1.88% on a QoQ basis from $425000.0 in Q1 2026, and down 6.29% year-over-year from $445000.0 in Q2 2025.
Analysis
Finwise Bancorp (FINW) Rent Expense (2021 - 2026) Analysis & Trends
Finwise Bancorp has reported Rent Expense for 6 years, with the latest figure at $417000.0 in Q2 2026.
- On a quarterly basis, Rent Expense fell 6.29% year-over-year to $417000.0 in Q2 2026; TTM through Jun 2026 was $1.7 million, a 16.21% decrease from a year earlier, with the FY2025 full-year figure at $1.9 million, down 13.86% from the prior year.
- Rent Expense was $417000.0 for Q2 2026 at Finwise Bancorp, down from $425000.0 in the prior quarter.
- The five-year high for Rent Expense was $958000.0 in Q3 2023, with the low at $352000.0 in Q1 2022.
- Average Rent Expense over 5 years is $584166.7, with a median of $541500.0 recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Rent Expense jumped 236.79% in 2022, then sank 43.22% in 2024.
- Over 5 years, Rent Expense stood at $943000.0 in 2022, then declined by 2.01% to $924000.0 in 2023, then slumped by 42.1% to $535000.0 in 2024, then fell by 18.88% to $434000.0 in 2025, then slipped by 3.92% to $417000.0 in 2026.
- The last three Rent Expense figures came in at $417000.0 (Q2 2026), $425000.0 (Q1 2026), and $434000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | Finwise Bancorp | 177.61 Mn | 83.97 Mn | - | 417,000.00 |
Historic Data
Download Data
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 |