FinWise Bancorp (FINW) Financial Ratios
7 years of historical data (2019–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
1.51
↓-43% vs avg
5yr avg: 2.66
30Y Low0.8·High5.0
P/FCF
↑
N/A
—
5yr avg: 20.36
30Y Low2.3·High38.4
P/B Ratio
↑
0.98
↓-13% vs avg
5yr avg: 1.13
30Y Low0.9·High1.3
ROE
↓
8.8%
↑-50% vs avg
5yr avg: 17.4%
30Y Low8%·High39%
Debt/EBITDA
↑
0.20
+13% vs avg
5yr avg: 0.18
30Y Low0.0·High6.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FINW Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FinWise Bancorp trades at 12.4x earnings, 17% above its 5-year average of 10.6x, sitting at the 60th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 6%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $192M | $243M | $211M | $185M | $124M | $126M | — | — |
| Enterprise Value | $33M | $84M | $111M | $74M | $30M | $41M | — | — |
| P/E Ratio → | 12.39 | 15.88 | 17.18 | 10.76 | 4.95 | 4.22 | — | — |
| P/S Ratio | 1.27 | 1.61 | 2.17 | 2.13 | 1.37 | 1.55 | — | — |
| P/B Ratio | 0.98 | 1.26 | 1.22 | 1.19 | 0.88 | 1.09 | — | — |
| P/FCF | — | — | — | 38.43 | 2.29 | — | — | — |
| P/OCF | — | — | — | 15.06 | 2.02 | — | — | — |
P/E links to full P/E history page with 30-year chart
FINW EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
FinWise Bancorp's enterprise value stands at 1.5x EBITDA, 43% below its 5-year average of 2.7x. The Financial Services sector median is 11.5x, placing the stock at a 87% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.56 | 1.14 | 0.86 | 0.34 | 0.50 | — | — |
| EV / EBITDA | 1.51 | 3.88 | 4.97 | 2.69 | 0.80 | 0.94 | — | — |
| EV / EBIT | 1.51 | 3.88 | 6.52 | 3.12 | 0.85 | 0.97 | — | — |
| EV / FCF | — | — | — | 15.45 | 0.56 | — | — | — |
FINW Profitability
Margins and return-on-capital ratios measuring operating efficiency
FinWise Bancorp earns an operating margin of 14.4%, below the Financial Services sector average of 21.6%. Operating margins have compressed from 27.5% to 14.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.8% is modest, trailing the sector median of 9.4%. ROIC of 8.7% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.0% | 61.0% | 72.3% | 75.0% | 83.4% | 88.5% | 84.1% | 80.9% |
| Operating Margin | 14.4% | 14.4% | 17.4% | 27.5% | 39.9% | 52.1% | 34.5% | 36.4% |
| Net Profit Margin | 10.7% | 10.7% | 13.1% | 20.2% | 27.8% | 38.9% | 25.5% | 27.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 8.8% | 7.8% | 11.8% | 19.6% | 39.2% | 28.4% | 29.2% |
| ROA | 1.9% | 1.9% | 1.9% | 3.5% | 6.4% | 9.1% | 4.5% | 5.5% |
| ROIC | 8.7% | 8.7% | 7.5% | 11.5% | 20.5% | 24.1% | 12.6% | 29.1% |
| ROCE | 10.4% | 10.4% | 9.0% | 14.1% | 25.2% | 30.2% | 16.2% | 36.9% |
FINW Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
FinWise Bancorp carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 4.1x). The company holds a net cash position — cash of $163M exceeds total debt of $4M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 1.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.03 | 0.04 | 0.05 | 0.01 | 2.20 | — |
| Debt / EBITDA | 0.20 | 0.20 | 0.24 | 0.23 | 0.19 | 0.02 | 6.25 | — |
| Net Debt / Equity | — | -0.82 | -0.58 | -0.71 | -0.66 | -0.73 | 1.17 | -1.05 |
| Net Debt / EBITDA | -7.31 | -7.31 | -4.52 | -4.00 | -2.44 | -1.96 | 3.32 | -2.62 |
| Debt / FCF | — | — | — | -22.99 | -1.73 | — | 2.82 | — |
| Interest Coverage | 1.07 | 1.07 | 1.10 | 2.39 | 25.13 | 33.42 | 8.62 | 8.78 |
Net cash position: cash ($163M) exceeds total debt ($4M)
FINW Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.22x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.40x to 0.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.22 | 0.22 | 0.35 | 0.40 | 0.46 | 0.35 | 0.30 | 0.25 |
| Quick Ratio | 0.22 | 0.22 | 0.35 | 0.40 | 0.46 | 0.35 | 0.30 | 0.25 |
| Cash Ratio | 0.22 | 0.22 | 0.19 | 0.29 | 0.41 | 0.34 | 0.29 | 0.24 |
| Asset Turnover | — | 0.15 | 0.13 | 0.15 | 0.23 | 0.21 | 0.14 | 0.20 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
FINW Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FinWise Bancorp does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 8.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.1% | 6.3% | 5.8% | 9.3% | 20.2% | 23.7% | — | — |
| FCF Yield | — | — | — | 2.6% | 43.6% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.2% | 2.6% | 0.9% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.2% | 2.6% | 0.9% | 0.0% | — | — |
| Shares Outstanding | — | $14M | $13M | $13M | $13M | $9M | $12M | $12M |
Peer Comparison
Compare FINW with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FINWYou | $192M | 12.4 | 1.5 | — | 61.0% | 14.4% | 8.8% | 8.7% | 0.2 |
 MFIN | $225M | 5.4 | 1.9 | 1.8 | 96.7% | 50.5% | 9.1% | 17.2% | 1.8 |
 BYFC | $92M | -3.0 | — | — | 51.9% | -38.8% | -9.0% | -3.7% | — |
 CARV | $9M | -0.6 | — | — | 56.3% | -36.8% | -38.2% | -13.0% | — |
 ENVA | $4B | 14.9 | 11.3 | 2.4 | 50.1% | 23.5% | 24.3% | 10.4% | 5.8 |
 RM | $329M | 7.9 | 21.3 | 1.1 | 52.3% | 12.4% | 12.2% | 3.0% | 18.8 |
 WRLD | $753M | 9.2 | 7.5 | 3.0 | 70.0% | 28.1% | 20.8% | 12.1% | 3.1 |
 ATLC | $1B | 13.1 | 41.8 | 1.8 | 56.3% | 22.7% | 22.4% | 2.4% | 38.6 |
 UPST | $3B | 64.4 | 50.1 | — | 95.2% | 5.1% | 7.5% | 1.7% | 23.4 |
 LC | $2B | 14.5 | 2.6 | — | 64.7% | 25.0% | 9.5% | 17.3% | 0.0 |
 AFRM | $22B | 449.1 | 210.0 | 37.3 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonFINW — Frequently Asked Questions
Quick answers to the most common questions about buying FINW stock.
What is FinWise Bancorp's P/E ratio?
FinWise Bancorp's current P/E ratio is 12.4x. The historical average is 10.6x. This places it at the 60th percentile of its historical range.
What is FinWise Bancorp's EV/EBITDA?
FinWise Bancorp's current EV/EBITDA is 1.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 2.7x.
What is FinWise Bancorp's ROE?
FinWise Bancorp's return on equity (ROE) is 8.8%. The historical average is 20.7%.
Is FINW stock overvalued?
Based on historical data, FinWise Bancorp is trading at a P/E of 12.4x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are FinWise Bancorp's profit margins?
FinWise Bancorp has 61.0% gross margin and 14.4% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does FinWise Bancorp have?
FinWise Bancorp's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.