Finwise Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The standout move of Q2 2026 was in Net interest margin: 1.05 percentage points higher than in Q1 2026, at 13.64%. Finwise Bank ranks 7th of 44 Utah banks on net interest margin, in the upper half at 13.64% (Q2 2026). Finwise Bank's net interest margin of 13.64% is well above the 3.94% median for banks in the $100M-1B asset tier, a gap of 9.70 points (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 16.13% |
| Yield on loans | 18.70% |
| Yield on securities | 3.66% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 3.01% |
| Cost of interest-bearing deposits | 3.69% |
| Cost of interest-bearing liabilities | 3.69% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 13.64% |
| Yield to cost spread | 12.44% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $31.4M |
| Total interest expense | $5.2M |
| Interest expense on deposits | $5.2M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 14.18% | 2.94% | 11.87% | 17.57% | 2.39% |
| Q4 2023 | 13.30% | 3.41% | 10.58% | 16.04% | 2.58% |
| Q1 2024 | 12.69% | 3.26% | 10.07% | 14.96% | 2.66% |
| Q2 2024 | 12.92% | 3.32% | 10.25% | 15.13% | 2.67% |
| Q3 2024 | 12.30% | 3.35% | 9.60% | 14.26% | 3.55% |
| Q4 2024 | 12.46% | 2.96% | 10.00% | 14.18% | 3.73% |
| Q1 2025 | 10.45% | 3.22% | 8.05% | 12.24% | 3.68% |
| Q2 2025 | 10.40% | 3.12% | 7.76% | 11.78% | 3.73% |
| Q3 2025 | 11.55% | 3.15% | 8.97% | 13.35% | 3.65% |
| Q4 2025 | 14.03% | 3.03% | 11.40% | 16.31% | 3.66% |
| Q1 2026 | 15.04% | 2.94% | 12.59% | 17.97% | 3.62% |
| Q2 2026 | 16.13% | 3.01% | 13.64% | 18.70% | 3.66% |
Finwise Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Finwise Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Finwise Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 35323) · FFIEC NIC profile (RSSD 2880019)