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Side-by-side financial comparison of Finwise Bancorp (FINW) and Telesat Corp (TSAT). Click either name above to swap in a different company.
Telesat Corp is the larger business by last-quarter revenue ($73.8M vs $42.7M, roughly 1.7× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs -119.8%, a 126.2% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs -64.0%).
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.
Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.
FINW vs TSAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $42.7M | $73.8M |
| Net Profit | $2.7M | $-88.4M |
| Gross Margin | — | 95.3% |
| Operating Margin | — | 5.9% |
| Net Margin | 6.4% | -119.8% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.20 | — |
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 | — | ||
| Q3 25 | $36.7M | $73.8M | ||
| Q2 25 | $25.1M | $77.5M | ||
| Q1 25 | $22.1M | $152.2M | ||
| Q4 24 | $21.1M | — | ||
| Q3 24 | $20.8M | — | ||
| Q2 24 | $19.8M | $363.2M |
| Q1 26 | $2.7M | — | ||
| Q4 25 | $3.9M | — | ||
| Q3 25 | $4.9M | $-88.4M | ||
| Q2 25 | $4.1M | $55.1M | ||
| Q1 25 | $3.2M | $-52.3M | ||
| Q4 24 | $2.8M | — | ||
| Q3 24 | $3.5M | — | ||
| Q2 24 | $3.2M | $547.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 95.3% | ||
| Q2 25 | — | 95.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 17.5% | 5.9% | ||
| Q2 25 | 21.7% | 16.8% | ||
| Q1 25 | 20.1% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 21.1% | — |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 13.3% | -119.8% | ||
| Q2 25 | 16.3% | 71.2% | ||
| Q1 25 | 14.4% | -34.4% | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 16.6% | — | ||
| Q2 24 | 16.1% | 150.7% |
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.29 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.19 | — | ||
| Q3 24 | $0.25 | — | ||
| Q2 24 | $0.24 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $352.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $196.6M | $1.6B |
| Total Assets | $899.4M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $163.4M | — | ||
| Q3 25 | $105.6M | $352.3M | ||
| Q2 25 | $90.1M | $399.6M | ||
| Q1 25 | $120.3M | $552.1M | ||
| Q4 24 | $109.2M | — | ||
| Q3 24 | $85.8M | — | ||
| Q2 24 | $89.0M | $1.7B |
| Q1 26 | $196.6M | — | ||
| Q4 25 | $193.2M | — | ||
| Q3 25 | $187.8M | $1.6B | ||
| Q2 25 | $182.0M | $1.7B | ||
| Q1 25 | $177.4M | $2.5B | ||
| Q4 24 | $173.7M | — | ||
| Q3 24 | $170.4M | — | ||
| Q2 24 | $165.8M | $2.4B |
| Q1 26 | $899.4M | — | ||
| Q4 25 | $977.1M | — | ||
| Q3 25 | $899.9M | $5.1B | ||
| Q2 25 | $842.5M | $4.9B | ||
| Q1 25 | $804.1M | $6.9B | ||
| Q4 24 | $746.0M | — | ||
| Q3 24 | $683.0M | — | ||
| Q2 24 | $617.8M | $6.3B |
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% |
TSAT
Segment breakdown not available.
