FINW (FinWise Bancorp) Tax Rate % : 25.09% (As of Sep. 2024)

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What is FinWise Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FinWise Bancorp's Tax Expense for the three months ended in Sep. 2024 was $1.16 Mil. FinWise Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $4.61 Mil. Therefore, FinWise Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 25.09%.

FinWise Bancorp Tax Rate % Historical Data

The historical data trend for FinWise Bancorp's Tax Rate % 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.

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FinWise Bancorp Tax Rate % Chart

FinWise Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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26.04

25.29

30.30

26.68

25.00

FinWise Bancorp Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															28.48	26.48	23.89	25.09	24.31

FinWise Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

FinWise Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	6.353	/	23.813
	=	26.68 %

FinWise Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	1.157	/	4.611
	=	25.09 %

FinWise Bancorp Tax Rate % Related Terms

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FinWise Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinWise Bancorp (NAS:FINW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

756 East Winchester, Suite 100, Murray, UT, USA, 84107

Website

https://www.finwisebancorp.com

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