FinWise Bancorp Announces Increase in Share Repurchase Program
FinWise Bancorp's board authorized an additional 600,000 shares for repurchase under its existing buyback program, roughly 4.4% of outstanding shares, expiring May 31, 2028. The original May 2026 program covered 685,000 shares (~5% of shares outstanding); about 415,000 shares remained available as of November 11, 2026, and the company has repurchased 270,000 shares for $3.7 million to date.
Key figures
- Program expiration
- May 31, 2028
- Bank leverage ratio
- 18.1%
- Aggregate repurchase value
- $3.7 million
- Shares repurchased to date
- 270000
- Additional shares authorized
- 600000
- Tangible book value per share
- 15.14
- Additional authorization pct of shares
- approximately 4.4%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.