FIN WISE

FinWise Bancorp, headquartered in Murray, Utah, is the parent company of FinWise Bank, a state-chartered non-member bank serving consumers and small businesses.

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Provides banking services and loans to consumers and small businesses through its subsidiary FinWise Bank.

FinWise Bancorp, headquartered in Murray, Utah, is the parent company of FinWise Bank, a state-chartered non-member bank serving consumers and small businesses. Founded in the early 2000s, the company has grown steadily, reporting $151 million in revenue for 2025, up from $97 million in 2024, according to Macrotrends. FinWise operates primarily in the Southwest U.S. banking sector, with a market capitalization of approximately $230 million as of mid-2026.

The bank's Q1 2026 earnings showed net income of $2.7 million, down from $3.2 million year-over-year due to higher credit costs, per SEC filings. FinWise has positioned itself at the intersection of traditional banking and fintech innovation, publishing industry insights on trends like AI-powered lending automation and embedded finance through its FinWise Insights newsletter. The company maintains investor communications through quarterly earnings calls, most recently hosting a Q2 2025 call in July 2025. While not among the major banks announcing layoffs in 2025, FinWise operates in a sector facing economic headwinds and technological disruption.

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Who buys this

  • Small business owners needing commercial banking services
  • Consumers seeking personal banking products
  • Fintech companies requiring banking partnerships
  • Local commercial clients in the Southwest U.S.

Strengths and what to watch

Strengths

  • Demonstrated revenue growth from $86M (2023) to $151M (2025) per Macrotrends
  • Established regulatory compliance as a state-chartered bank
  • Active thought leadership in fintech trends through FinWise Insights publications

Watch for

  • Declining net income (Q1 2026 down 15.6% year-over-year per SEC filings)
  • Exposure to credit risk in small business lending portfolio
  • Competition from both traditional banks and digital-native fintechs

Recent moves

Key Information

Headquarters
Murray, Utah

Frequently Asked Questions

What is FinWise Bank?

FinWise Bank is a state-chartered bank serving consumers and small businesses, headquartered in Murray, Utah. A subsidiary of FinWise Bancorp, it operates primarily in the Southwest U.S., offering traditional banking services while engaging in fintech innovation through initiatives like its FinWise Insights industry newsletter. (42 words)

What banking services does FinWise offer?

FinWise provides personal banking products for consumers and commercial services for small businesses, including loans. It also partners with fintech companies. The bank focuses on the Southwest U.S. market, combining traditional banking with fintech solutions like AI-powered lending automation, as detailed in its publications. (45 words)

How is FinWise Bancorp performing financially?

FinWise Bancorp reported $151 million revenue in 2025, up from $97 million in 2024, but Q1 2026 net income fell to $2.7 million from $3.2 million year-over-year due to credit costs. The company has shown steady growth with $230 million market capitalization as of mid-2026. (48 words)

Where does FinWise Bank operate?

FinWise Bank primarily serves customers in the Southwest United States. While headquartered in Murray, Utah, its state charter allows operations across the region, focusing on local commercial clients, small businesses, and consumers through both traditional banking services and fintech partnerships. (42 words)

What are FinWise Insights?

FinWise Insights is the bank's industry newsletter analyzing fintech trends like AI-powered lending automation and embedded finance. Published monthly, it positions FinWise as a thought leader at the intersection of traditional banking and technological innovation, with recent editions covering payments and banking developments. (45 words)

Is FinWise Bank facing financial challenges?

While showing revenue growth ($151M in 2025), FinWise's Q1 2026 net income dropped 15.6% year-over-year due to credit costs. The bank operates in a competitive sector with fintech disruption and small business lending risks, though it maintains regulatory compliance and market presence. (47 words)

Sources

  1. www.macrotrends.net — Revenue figures from 2020-2026
  2. www.stocktitan.net — Q1 2026 earnings data
  3. finwisebank.gcs-web.com — Corporate governance and reporting structure
  4. www.finwise.bank — Thought leadership and industry positioning