FinWise Bancorp Announces Share Repurchase Program
2026-05-21SEC Filing 8-K (0001856365-26-000054)
FinWise Bancorp announced a new share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to 685,000 shares of common stock, representing approximately 5% of the shares outstanding as of May 19, 2026. The repurchases, which will be made at the Companyβs discretion, are set to expire on May 31, 2028. The Company intends to fund these repurchases using its available cash balances. This initiative underscores the Company's strong capital position and its confidence in its long-term business outlook, supported by a solid Bank Leverage Ratio and tangible book value per share.
Ticker mentioned:FINW
Source:Original SEC Document β