From my experience it's much faster. Just the tiny fraction of a second that it takes me to look at my caps lock key to verify that it's not on takes longer than my fingerprint scan and at that point I haven't even typed a single letter yet :)

Also it's arguably not the fastest combination of characters I can type, because my password is not "test1234" and I don't get much opportunity to type it at all anymore since everything can be unlocked via TouchID except the terminal, or so I thought at least :)