FinWise Bancorp launches buyback for up to 685,000 shares
FinWise Bancorp
FinWise Bancorp FINW | 0.00 |
- FinWise Bancorp launched a share repurchase program for up to 685,000 common shares, about 5% of shares outstanding as of May 19, 2026.
- The authorization runs through May 31, 2028.
- Buybacks may be executed in the open market or in privately negotiated transactions, including under a Rule 10b5-1 plan.
- Repurchases are expected to be funded with available cash balances.
- FinWise cited a 16.8% bank leverage ratio in the first quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finwise Bancorp published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605210715PRIMZONEFULLFEED9724276) on May 21, 2026, and is solely responsible for the information contained therein.
