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FINW (FinWise Bancorp) Debt-to-Equity : 0.03 (As of Sep. 2024)


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What is FinWise Bancorp Debt-to-Equity?

FinWise Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. FinWise Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.54 Mil. FinWise Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $170.37 Mil. FinWise Bancorp's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FinWise Bancorp's Debt-to-Equity or its related term are showing as below:

FINW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 2.2
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of FinWise Bancorp was 2.20. The lowest was 0.01. And the median was 0.05.

FINW's Debt-to-Equity is ranked better than
96.56% of 1454 companies
in the Banks industry
Industry Median: 0.63 vs FINW: 0.03

FinWise Bancorp Debt-to-Equity Historical Data

The historical data trend for FinWise Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FinWise Bancorp Debt-to-Equity Chart

FinWise Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 2.20 0.01 0.05 0.04 0.03

FinWise Bancorp Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.03 0.03

Competitive Comparison of FinWise Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, FinWise Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FinWise Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FinWise Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FinWise Bancorp's Debt-to-Equity falls into.



FinWise Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FinWise Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

FinWise Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FinWise Bancorp  (NAS:FINW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


FinWise Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FinWise Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FinWise Bancorp Business Description

Traded in Other Exchanges
N/A
Address
756 East Winchester, Suite 100, Murray, UT, USA, 84107
FinWise Bancorp is an independent bank that provides a full range of banking services to individual and corporate customers. The bank's primary source of revenue is from loans including Small Business Administration, commercial, commercial real estate, residential real estate, and consumer. The Bank also has established Strategic Programs with various third-party loan origination platforms that use technology to streamline the origination of unsecured consumer and secured or unsecured business loans to borrowers within certain approved credit profiles.
Executives
Javvis O Jacobson officer: CFO AND EXECUTIVE VP 765 E WINCHESTER ST, SUITE 100, MURRAY UT 84107
James N Giordano director 208 HARRISTOWN ROAD, SUITE 101, GLEN ROCK NJ 07452
Kent Landvatter director, officer: PRESIDENT AND CEO 765 E WINCHESTER ST, SUITE 100, MURRAY UT 84107
Dawn M Cannon officer: COO AND EXECUTIVE VP 765 E WINCHESTER ST, SUITE 100, MURRAY UT 84107
Alan Weichselbaum director 50 SEALY DRIVE, LAWRENCE NY 11559
Michael Christopher Obrien officer: See Remarks 756 EAST WINCHESTER, SUITE 100, MURRAY UT 84107
David Tilis officer: CSO AND SENIOR VP 43 NORTH VILLAGE AVENUE, 2ND FLOOR, ROCKVILLE CENTRE NY 11570
Gibson Thomas Elmer Jr director 9122 INGRAM DRIVE, WEST JORDAN UT 84088
Jeana Hutchings director 136 E SOUTH TEMPLE, 2300, SALT LAKE CITY UT 84111
Howard I Reynolds director 12464 SOUTH 1840 EAST, DRAPER UT 84020
Gerald Edwin Cunningham director P.O. BOX 1061, DRAPER UT 84020
Healey Russell Fred Jr director 4014 SOUTH HIGHLAND DRIVE, SALT LAKE CITY UT 84124
James Noone officer: CCO AND EXECUTIVE VP 765 E WINCHESTER ST, SUITE 100, MURRAY UT 84107
Lisa Ann Nievaard director 12634 S 265 W, DRAPER UT 84020