For example, the primary threat model for my mobile device is a combination of shoulder-surfing and theft, because I ride a lot of public transit. So it's way more secure for me to touch the fingerprint sensor rather than constantly peck in my password while I'm being observed. A common criminal or homeless dude who steals/finds my phone won't know my password because I'm not revealing it, and they're unlikely to have access to my finger or its print.
If my threat model were different, say law enforcement/TSA confiscation or something, I might be more worried about walking around with fingerprint auth enabled. So if I head to the airport or enter some other high-risk area, I might consider disabling that, removing the sdcard and/or SIM card temporarily.
Biometrics as a way for my personal device to recognize my physical presence is mature tech, and useful for consumers in ways that passwords aren't.
This is less secure against dedicated attackers with physical access, but much more secure against remote attackers as there's usually no way to provide the biometrics to the HSM in software and the authentication key from the biometric device can't be stolen so you must keep persistent access to it to be able to use it every time you need to authenticate.
Things like FIDO Yubikey are basically a password unlocked by biometric information so someone needs the key AND your biometric information to unlock it. Even if someone knew your "biometric" information, they would still need the key.