The buyback authorization is modest at 5% of shares and discretionary — no actual repurchases are committed. Monitor future 10-Q filings for actual buyback execution and any changes to the company's capital return strategy.
Price Chart
Executive Summary
FinWise Bancorp announced a share repurchase program authorized by its Board of Directors to buy back up to 685,000 shares, representing approximately 5% of outstanding shares, through May 31, 2028. The program reflects management's confidence in the company's capital position, highlighted by a Bank Leverage Ratio of 16.8% and tangible book value of $14.34 per share. This is a routine capital allocation announcement with no material financial data or guidance changes.
Key Facts
- Board authorized repurchase of up to 685,000 shares (~5% of shares outstanding as of May 19, 2026)
- Program expires May 31, 2028; repurchases at company's discretion with no obligation to buy any specific number
- Bank Leverage Ratio of 16.8% as of Q1 2026, nearly double the well-capitalized threshold
- Tangible book value of $14.34 per share as of Q1 2026
- Repurchases may be made in open market, privately-negotiated transactions, or via Rule 10b5-1 trading plans
Financial Impact
Up to 5% of shares outstanding authorized for repurchase; no dollar amount specified
Risk Factors
- Repurchase program is discretionary; company may not buy any shares
- No financial guidance or earnings data provided in this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001856365-26-000054 |
| Document: prsharerepurchaseprogram52.htm | 0001856365-26-000054 |
| Document: 0001856365-26-000054-index-headers.html | 0001856365-26-000054 |
| Document: 0001856365-26-000054-index.html | 0001856365-26-000054 |
| Document: 0001856365-26-000054.txt | 0001856365-26-000054 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 29, 2026 12w ago | Press Release | $13.71 $10.76 | ▲ +21.52% | ▲ +23.98% | $10.45 (+23.78%) |
Jun 30, 2026 17w ago | Press Release | $14.80 $11.28 | ▼ −23.78% | ▼ −26.66% | $10.45 (−29.39%) |
Jun 25, 2026 17w ago | 8-K | $15.42 $12.26 | ▼ −20.49% | ▼ −24.98% | $10.45 (−32.23%) |
May 21, 2026 22w ago | 8-K | $13.95 $13.71 | ▼ −1.72% | ▼ −6.02% | $10.45 (−25.09%) |
May 21, 2026 22w ago | Press Release | $13.95 $13.71 | ▼ −1.72% | ▼ −6.02% | $10.45 (−25.09%) |
Apr 30, 2026 25w ago | 8-K | $14.96 $13.96 | ▲ +6.68% | ▲ +9.75% | $10.45 (+30.15%) |
Apr 8, 2026 28w ago | 8-K | $16.77 $14.56 | ▼ −13.18% | ▼ −23.64% | $10.45 (−37.69%) |
Apr 2, 2026 29w ago | Press Release | $15.93 $14.50 | ▼ −8.98% | ▼ −23.14% | $10.45 (−34.40%) |
US Market Status
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