Finwise Bancorp (FINW) Tax Rate (2021 - 2026)
Finwise Bancorp (FINW) recorded quarterly Tax Rate of 28.96% in Q1 2026, up 1.09% quarter-over-quarter from 28.65% in Q4 2025, and up 191.0% on a YoY basis from 9.95% in Q1 2025.
Finwise Bancorp (FINW) Tax Rate (2021 - 2026) Analysis & Trends
Finwise Bancorp's Tax Rate history runs 6 years deep, the most recent figure standing at 28.96% for Q1 2026.
- In Q1 2026, Tax Rate rose 191.0% year-over-year to 28.96%; the TTM figure through Mar 2026 stood at 26.0% (up 59.0% YoY), while the FY2025 annual figure was 26.05%, up 105.0% from the prior year.
- Tax Rate was 28.96% for Q1 2026 at Finwise Bancorp, up from 28.65% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 48.65% in Q3 2022 to a low of 23.71% in Q3 2025.
- Historically, Tax Rate has averaged 27.43% across 5 years, with a median of 26.1% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 2416 bps in 2022, then slumped 2256 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 27.27% in 2022, then advanced by 4 bps to 28.48% in 2023, then slipped by 15 bps to 24.33% in 2024, then increased by 18 bps to 28.65% in 2025, then gained by 1 bps to 28.96% in 2026.
- The last three Tax Rate figures came in at 28.96% (Q1 2026), 28.65% (Q4 2025), and 23.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Finwise Bancorp | 191.12 Mn | 94.18 Mn | - | 28.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.96% |
| Mar 31, 2026 | 28.96% |
| Dec 31, 2025 | 28.65% |
| Dec 31, 2025 | 28.65% |
| Sep 30, 2025 | 23.71% |
| Sep 30, 2025 | 23.71% |
| Jun 30, 2025 | 23.95% |
| Jun 30, 2025 | 23.95% |
| Mar 31, 2025 | 27.05% |
| Mar 31, 2025 | 27.05% |
| Dec 31, 2024 | 24.33% |
| Dec 31, 2024 | 24.33% |
| Sep 30, 2024 | 26.02% |
| Sep 30, 2024 | 26.02% |
| Jun 30, 2024 | 23.93% |
| Jun 30, 2024 | 23.93% |
| Mar 31, 2024 | 26.48% |
| Mar 31, 2024 | 26.48% |
| Dec 31, 2023 | 28.48% |
| Dec 31, 2023 | 28.48% |