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Side-by-side financial comparison of Finwise Bancorp (FINW) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
Finwise Bancorp is the larger business by last-quarter revenue ($46.9M vs $25.6M, roughly 1.8× IT TECH PACKAGING, INC.). Finwise Bancorp runs the higher net margin — 8.4% vs -5.7%, a 14.0% gap on every dollar of revenue. On growth, Finwise Bancorp posted the faster year-over-year revenue change (121.7% vs 2.1%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-28.6M). Over the past eight quarters, Finwise Bancorp's revenue compounded faster (54.3% CAGR vs 10.5%).
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
FINW vs ITP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.9M | $25.6M |
| Net Profit | $3.9M | $-1.4M |
| Gross Margin | — | 7.9% |
| Operating Margin | 11.7% | -3.9% |
| Net Margin | 8.4% | -5.7% |
| Revenue YoY | 121.7% | 2.1% |
| Net Profit YoY | 40.1% | 26.6% |
| EPS (diluted) | $0.27 | $-0.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $46.9M | — | ||
| Q3 25 | $36.7M | $25.6M | ||
| Q2 25 | $25.1M | $24.8M | ||
| Q1 25 | $22.1M | $10.9M | ||
| Q4 24 | $21.1M | $17.6M | ||
| Q3 24 | $20.8M | $25.1M | ||
| Q2 24 | $19.8M | $26.2M | ||
| Q1 24 | $19.7M | $6.9M |
| Q4 25 | $3.9M | — | ||
| Q3 25 | $4.9M | $-1.4M | ||
| Q2 25 | $4.1M | $-2.0M | ||
| Q1 25 | $3.2M | $-3.5M | ||
| Q4 24 | $2.8M | $-4.0M | ||
| Q3 24 | $3.5M | $-2.0M | ||
| Q2 24 | $3.2M | $-77.7K | ||
| Q1 24 | $3.3M | $-3.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 12.4% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | 11.7% | — | ||
| Q3 25 | 17.5% | -3.9% | ||
| Q2 25 | 21.7% | -7.1% | ||
| Q1 25 | 20.1% | -31.0% | ||
| Q4 24 | 17.5% | -21.5% | ||
| Q3 24 | 22.2% | -5.8% | ||
| Q2 24 | 21.1% | 2.1% | ||
| Q1 24 | 22.9% | -51.0% |
| Q4 25 | 8.4% | — | ||
| Q3 25 | 13.3% | -5.7% | ||
| Q2 25 | 16.3% | -7.9% | ||
| Q1 25 | 14.4% | -32.2% | ||
| Q4 24 | 13.2% | -22.9% | ||
| Q3 24 | 16.6% | -7.9% | ||
| Q2 24 | 16.1% | -0.3% | ||
| Q1 24 | 16.9% | -54.6% |
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.34 | $-0.11 | ||
| Q2 25 | $0.29 | $-0.16 | ||
| Q1 25 | $0.23 | $-0.35 | ||
| Q4 24 | $0.19 | $-0.40 | ||
| Q3 24 | $0.25 | $-0.20 | ||
| Q2 24 | $0.24 | $-0.01 | ||
| Q1 24 | $0.25 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $163.4M | — |
| Total DebtLower is stronger | — | $4.7M |
| Stockholders' EquityBook value | $193.2M | $152.0M |
| Total Assets | $977.1M | $175.7M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $163.4M | — | ||
| Q3 25 | $105.6M | — | ||
| Q2 25 | $90.1M | — | ||
| Q1 25 | $120.3M | — | ||
| Q4 24 | $109.2M | — | ||
| Q3 24 | $85.8M | — | ||
| Q2 24 | $89.0M | — | ||
| Q1 24 | $115.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $4.7M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $11.3M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $193.2M | — | ||
| Q3 25 | $187.8M | $152.0M | ||
| Q2 25 | $182.0M | $152.3M | ||
| Q1 25 | $177.4M | $152.8M | ||
| Q4 24 | $173.7M | $156.1M | ||
| Q3 24 | $170.4M | $164.3M | ||
| Q2 24 | $165.8M | $163.5M | ||
| Q1 24 | $162.5M | $164.3M |
| Q4 25 | $977.1M | — | ||
| Q3 25 | $899.9M | $175.7M | ||
| Q2 25 | $842.5M | $175.2M | ||
| Q1 25 | $804.1M | $175.2M | ||
| Q4 24 | $746.0M | $177.5M | ||
| Q3 24 | $683.0M | $190.0M | ||
| Q2 24 | $617.8M | $191.4M | ||
| Q1 24 | $610.8M | $177.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-28.4M | $1.5M |
| Free Cash FlowOCF − Capex | $-28.6M | $1.5M |
| FCF MarginFCF / Revenue | -61.1% | 5.9% |
| Capex IntensityCapex / Revenue | 0.5% | 0.0% |
| Cash ConversionOCF / Net Profit | -7.26× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-68.3M | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-28.4M | — | ||
| Q3 25 | $3.5M | $1.5M | ||
| Q2 25 | $-18.3M | $1.4M | ||
| Q1 25 | $-21.6M | $-2.5M | ||
| Q4 24 | $-15.0M | $3.5M | ||
| Q3 24 | $-9.8M | $1.5M | ||
| Q2 24 | $-7.6M | $721.9K | ||
| Q1 24 | $1.8M | $624.4K |
| Q4 25 | $-28.6M | — | ||
| Q3 25 | $3.4M | $1.5M | ||
| Q2 25 | $-19.8M | $1.3M | ||
| Q1 25 | $-23.3M | $-2.5M | ||
| Q4 24 | $-16.1M | $3.5M | ||
| Q3 24 | $-13.4M | $1.2M | ||
| Q2 24 | $-7.7M | $668.3K | ||
| Q1 24 | $568.0K | $615.4K |
| Q4 25 | -61.1% | — | ||
| Q3 25 | 9.4% | 5.9% | ||
| Q2 25 | -79.0% | 5.4% | ||
| Q1 25 | -105.3% | -22.8% | ||
| Q4 24 | -76.0% | 19.6% | ||
| Q3 24 | -64.3% | 4.9% | ||
| Q2 24 | -38.7% | 2.5% | ||
| Q1 24 | 2.9% | 9.0% |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.1% | 0.0% | ||
| Q2 25 | 5.8% | 0.1% | ||
| Q1 25 | 7.4% | 0.1% | ||
| Q4 24 | 5.1% | 0.1% | ||
| Q3 24 | 17.2% | 1.0% | ||
| Q2 24 | 0.3% | 0.2% | ||
| Q1 24 | 6.0% | 0.1% |
| Q4 25 | -7.26× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | -4.48× | — | ||
| Q1 25 | -6.78× | — | ||
| Q4 24 | -5.37× | — | ||
| Q3 24 | -2.84× | — | ||
| Q2 24 | -2.39× | — | ||
| Q1 24 | 0.53× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
