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Midas Edge

Finwise Bancorp

For the period ended Mar 31, 2024. Filed May 14, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 14, 2024

FINW$14.42+5.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Statement of Changes in Stockholders’ Equity

Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)

(in thousands, except share amounts)

Three Months Ended March 31, 2024

Common Stock
SharesAmountAdditionalPaid-InCapitalRetainedEarningsTotalShareholders’Equity
Balance at December 31, 202312,493,565$12$51,200$103,844$155,056
Stock-based compensation expense(25,389)—150—150
Common stock repurchased(17,697)—(186)6(180)
Stock options exercised3,900—16—16
BFG ownership purchase339,17614,124—4,125
Net Income———3,3153,315
Balance at March 31, 202412,793,555$13$55,304$107,165$162,482

Three Months Ended March 31, 2023

Common Stock
SharesAmountAdditionalPaid-InCapitalRetainedEarningsTotalShareholders’Equity
Balance at December 31, 202212,831,345$13$54,614$85,832$140,459
Adjustment for adoption of ASC 2016-13, net of tax———(212)(212)
Stock-based compensation expense——421—421
Common stock repurchased(23,573)—(248)32(216)
Stock options exercised16,800—40—40
Net Income———3,8613,861
Balance at March 31, 202312,824,572$13$54,827$89,513$144,353
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.