Finwise Bancorp Revenue, Growth & Competitor Profile

DBA FINWISE BANK
DBA UTAH COMMUNITY BANK

Company Profile & Annual Report for Finwise Bancorp

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Finwise Bancorp Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52211 Commercial Banking
Address	756 East Winchester St., Suite 100 Murray, UT 84107

Note: Revenues for privately held companies are statistical evaluations.


Finwise Bancorp's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Finwise Bancorp's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Finwise Bancorp is classified as operating in the Commercial Banking industry, NAICS Code 52211.

Finwise Bancorp Annual Revenue and Growth Rate

Finwise Bancorp	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Finwise Bancorp's revenues are gauged from an analysis of company filings.

Finwise Bancorp's Income Statement (based on Industry Averages)

Finwise Bancorp P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Finwise Bancorp has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
February 8, 2024	4	100%	$5 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of Finwise Bancorp's Largest Competitors

A competitive analysis shows these companies are in the same general field as Finwise Bancorp, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	100
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	72
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	20
U.S. BANCORP	Minneapolis, MN	17
TRUIST FINANCIAL	Charlotte, NC	13
MUFG BANK	New York, NY	10
TD BANK	Falmouth, ME	9
FIRST-CITIZENS BANK & TRUST	Raleigh, NC	7
FEDERAL HOME LOAN BANK OF DES MOINES	Des Moines, IA	6

Nearby Competitors

These companies are similar in business line and location to Finwise Bancorp. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
ZIONS BANCORPORATION NATIONAL ASSOCIATION	Salt Lake City, UT	100
CELTIC BANK	Salt Lake City, UT	7
UNIVERSITY FIRST FEDERAL CREDIT UNION	Salt Lake City, UT	6
WEBBANK	Salt Lake City, UT	4
DESERT FIRST FEDERAL CREDIT UNION	West Valley, UT	3
GRANITE FEDERAL CREDIT UNION	Salt Lake City, UT	2

Future Competition: Finwise Bancorp's Fastest Growing Competitors

These companies are in the same general field as Finwise Bancorp and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)