The buyback authorization is small (5% of shares) and discretionary, with no immediate execution commitment. Monitor future 10-Q filings for actual repurchase activity and any changes in capital allocation strategy. The program's three-year window suggests management sees no urgency to deploy capital now.
Price Chart
Executive Summary
FinWise Bancorp announced a share repurchase program authorizing up to 685,000 shares (~5% of outstanding) through May 2028, citing a strong capital position with a Bank Leverage Ratio of 16.8% and tangible book value of $14.34 per share.
Key Facts
- Board authorized repurchase of up to 685,000 shares, ~5% of outstanding as of May 19, 2026
- Program expires May 31, 2028; no obligation to purchase any specific number of shares
- Bank Leverage Ratio of 16.8% as of Q1 2026, nearly double the well-capitalized threshold
- Tangible book value of $14.34 per share
- Repurchases may be made via open market, private transactions, or Rule 10b5-1 plans
- Funding expected from available cash balances
Financial Impact
Up to 685,000 shares repurchased (~5% of outstanding); no dollar amount specified
Risk Factors
- Repurchase program is discretionary and may not be executed
- Bank regulatory constraints may limit repurchase capacity despite strong capital ratios
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3299198 |
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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