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Side-by-side financial comparison of Finwise Bancorp (FINW) and NATIONAL RESEARCH CORP (NRC). Click either name above to swap in a different company.
Finwise Bancorp is the larger business by last-quarter revenue ($42.7M vs $35.2M, roughly 1.2× NATIONAL RESEARCH CORP). Finwise Bancorp runs the higher net margin — 6.4% vs 5.1%, a 1.3% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs -0.2%).
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.
National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.
FINW vs NRC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $42.7M | $35.2M |
| Net Profit | $2.7M | $1.8M |
| Gross Margin | — | — |
| Operating Margin | — | 13.3% |
| Net Margin | 6.4% | 5.1% |
| Revenue YoY | — | -4.6% |
| Net Profit YoY | — | -72.6% |
| EPS (diluted) | $0.20 | $49.58 |
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.
| Q1 26 | $42.7M | — | ||
| Q4 25 | $46.9M | $35.2M | ||
| Q3 25 | $36.7M | $34.6M | ||
| Q2 25 | $25.1M | $34.0M | ||
| Q1 25 | $22.1M | $33.6M | ||
| Q4 24 | $21.1M | $36.9M | ||
| Q3 24 | $20.8M | $35.8M | ||
| Q2 24 | $19.8M | $35.0M |
| Q1 26 | $2.7M | — | ||
| Q4 25 | $3.9M | $1.8M | ||
| Q3 25 | $4.9M | $4.1M | ||
| Q2 25 | $4.1M | $-106.0K | ||
| Q1 25 | $3.2M | $5.8M | ||
| Q4 24 | $2.8M | $6.6M | ||
| Q3 24 | $3.5M | $5.7M | ||
| Q2 24 | $3.2M | $6.2M |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 13.3% | ||
| Q3 25 | 17.5% | 22.4% | ||
| Q2 25 | 21.7% | 4.7% | ||
| Q1 25 | 20.1% | 25.6% | ||
| Q4 24 | 17.5% | 26.0% | ||
| Q3 24 | 22.2% | 22.3% | ||
| Q2 24 | 21.1% | 25.3% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 8.4% | 5.1% | ||
| Q3 25 | 13.3% | 11.9% | ||
| Q2 25 | 16.3% | -0.3% | ||
| Q1 25 | 14.4% | 17.2% | ||
| Q4 24 | 13.2% | 17.8% | ||
| Q3 24 | 16.6% | 15.9% | ||
| Q2 24 | 16.1% | 17.6% |
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.27 | $49.58 | ||
| Q3 25 | $0.34 | $0.18 | ||
| Q2 25 | $0.29 | $-0.01 | ||
| Q1 25 | $0.23 | $0.25 | ||
| Q4 24 | $0.19 | $0.27 | ||
| Q3 24 | $0.25 | $0.24 | ||
| Q2 24 | $0.24 | $0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $196.6M | $14.0M |
| Total Assets | $899.4M | $134.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $163.4M | $4.1M | ||
| Q3 25 | $105.6M | $2.2M | ||
| Q2 25 | $90.1M | $5.3M | ||
| Q1 25 | $120.3M | $2.5M | ||
| Q4 24 | $109.2M | $4.2M | ||
| Q3 24 | $85.8M | $3.5M | ||
| Q2 24 | $89.0M | $485.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $48.7M | ||
| Q2 24 | — | $33.3M |
| Q1 26 | $196.6M | — | ||
| Q4 25 | $193.2M | $14.0M | ||
| Q3 25 | $187.8M | $14.3M | ||
| Q2 25 | $182.0M | $21.3M | ||
| Q1 25 | $177.4M | $29.7M | ||
| Q4 24 | $173.7M | $31.3M | ||
| Q3 24 | $170.4M | $34.6M | ||
| Q2 24 | $165.8M | $40.2M |
| Q1 26 | $899.4M | — | ||
| Q4 25 | $977.1M | $134.9M | ||
| Q3 25 | $899.9M | $135.7M | ||
| Q2 25 | $842.5M | $141.4M | ||
| Q1 25 | $804.1M | $135.2M | ||
| Q4 24 | $746.0M | $132.5M | ||
| Q3 24 | $683.0M | $131.8M | ||
| Q2 24 | $617.8M | $119.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 0.83× |
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 | — | $7.2M |
| Free Cash FlowOCF − Capex | — | $6.1M |
| FCF MarginFCF / Revenue | — | 17.2% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 3.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $15.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-28.4M | $7.2M | ||
| Q3 25 | $3.5M | $13.8M | ||
| Q2 25 | $-18.3M | $-1.1M | ||
| Q1 25 | $-21.6M | $6.6M | ||
| Q4 24 | $-15.0M | $6.4M | ||
| Q3 24 | $-9.8M | $9.4M | ||
| Q2 24 | $-7.6M | $6.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-28.6M | $6.1M | ||
| Q3 25 | $3.4M | $10.2M | ||
| Q2 25 | $-19.8M | $-4.1M | ||
| Q1 25 | $-23.3M | $3.7M | ||
| Q4 24 | $-16.1M | $1.9M | ||
| Q3 24 | $-13.4M | $7.8M | ||
| Q2 24 | $-7.7M | $1.5M |
| Q1 26 | — | — | ||
| Q4 25 | -61.1% | 17.2% | ||
| Q3 25 | 9.4% | 29.4% | ||
| Q2 25 | -79.0% | -12.2% | ||
| Q1 25 | -105.3% | 10.9% | ||
| Q4 24 | -76.0% | 5.2% | ||
| Q3 24 | -64.3% | 21.8% | ||
| Q2 24 | -38.7% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.2% | ||
| Q3 25 | 0.1% | 10.4% | ||
| Q2 25 | 5.8% | 8.8% | ||
| Q1 25 | 7.4% | 8.9% | ||
| Q4 24 | 5.1% | 12.0% | ||
| Q3 24 | 17.2% | 4.5% | ||
| Q2 24 | 0.3% | 15.0% |
| Q1 26 | — | — | ||
| Q4 25 | -7.26× | 3.99× | ||
| Q3 25 | 0.71× | 3.34× | ||
| Q2 25 | -4.48× | — | ||
| Q1 25 | -6.78× | 1.15× | ||
| Q4 24 | -5.37× | 0.97× | ||
| Q3 24 | -2.84× | 1.66× | ||
| Q2 24 | -2.39× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINW
| Net Interest Income | $28.1M | 66% |
| Noninterest Income | $14.6M | 34% |
NRC
Segment breakdown not available.
