What is the size and scope of FinWise's share repurchase program?

FinWise announced a share repurchase program in May 2026 authorizing the purchase of up to 685,000 shares, representing approximately 5% of the company's current outstanding share count of 13.7 million. Shares may be repurchased in open market, privately-negotiated, or other transactions subject to applicable law and regulations, with no specified expiration date mentioned in the filing.

How much has FinWise repurchased to date and at what price?

Through June 30, 2026, FinWise has repurchased 29,736 shares for $0.4 million, representing an average price of approximately $13.46 per share. This represents only 4.3% of the authorized share count, indicating conservative execution to date.

Why might FinWise be limiting repurchases despite having a $400M authorization?

The filing does not specify a dollar authorization amount; the program is defined in share count (685,000 shares). Limited execution may reflect management's focus on managing credit risk, higher provision expenses in Q2 ($22.7 million), and integration costs from the Tallied Technologies acquisition announced in July 2026.

How does the repurchase price compare to book value?

At an average price of $13.46 per share, repurchases are occurring near tangible book value per share of $14.55. This suggests the company is exercising discipline, avoiding repurchases at substantial premiums to intrinsic value.

What is FinWise Bancorp's business model and market position?

FinWise is a Utah bank holding company serving fintech brands through lending, deposits, payments, and BIN sponsorship. Q2 2026 loan originations totaled $1.6 billion, with net interest margin of 13.69% supported by a growing credit-enhanced loan portfolio. The company recently acquired Tallied Technologies to own its full card technology stack.

Are there any restrictions or conditions on the repurchase program?

The filing does not disclose specific restrictions, expiration dates, or conditional triggers. Repurchases are authorized subject to applicable laws and regulations, which typically include SEC Rule 10b-18 safe harbors and the company's internal trading policies.

FINW 8-K Filed 2026-07-29 Execution disclosure

FinWise Bancorp repurchased 29,736 shares under $400M program

Bank holding company has repurchased shares under May 2026 program authorizing up to 685,000 shares

Shares repurchased30K

Avg price paid$13.46

MechanismOpen market purchases, private

What the filing says

FinWise Bancorp (NASDAQ: FINW) has repurchased a total of 29,736 shares for approximately $0.4 million under the Company's share repurchase program announced in May 2026, according to the earnings release filed on July 29, 2026. The program provides for the purchase of up to 685,000 of the Company's issued and outstanding shares, from time to time, on or before the program's expiration date, in the open market, in privately-negotiated transactions, or otherwise, subject to applicable laws and regulations.

Through June 30, 2026, the Company has deployed minimal capital under the authorization. With 13,687,680 shares outstanding at quarter-end, the repurchase program represents approximately 5% of the current outstanding share count. The execution reflects the Company's measured approach to capital allocation as it continues to manage loan portfolio growth and credit provisioning.

As of June 30, 2026, the Company has repurchased a total of 29,736 shares for $0.4 million under the Company's share repurchase program announced in May 2026, which provides for the purchase of up to 685,000 of the Company's issued and outstanding shares, from time to time, on or before the program's expiration date, in the open market, in privately-negotiated transactions, or otherwise, subject to applicable laws and regulations. — Finwise Bancorp 8-K filing · View on SEC EDGAR →

What this means

FinWise Bancorp authorized a 685,000-share repurchase program in May 2026 and has executed minimally through the end of Q2 2026, buying back shares at an average price of approximately $13.46 per share. The limited deployment to date ($0.4 million of the implicit authorization) suggests the company is prioritizing balance sheet growth and managing credit risk, particularly given elevated provision expenses in the quarter. With tangible book value per share at $14.55 and shares trading near that level, the company appears to be taking a conservative stance on capital returns while integrating recent acquisitions like the Tallied Technologies platform.

Frequently asked questions

What is the size and scope of FinWise's share repurchase program?: FinWise announced a share repurchase program in May 2026 authorizing the purchase of up to 685,000 shares, representing approximately 5% of the company's current outstanding share count of 13.7 million. Shares may be repurchased in open market, privately-negotiated, or other transactions subject to applicable law and regulations, with no specified expiration date mentioned in the filing.
How much has FinWise repurchased to date and at what price?: Through June 30, 2026, FinWise has repurchased 29,736 shares for $0.4 million, representing an average price of approximately $13.46 per share. This represents only 4.3% of the authorized share count, indicating conservative execution to date.
Why might FinWise be limiting repurchases despite having a $400M authorization?: The filing does not specify a dollar authorization amount; the program is defined in share count (685,000 shares). Limited execution may reflect management's focus on managing credit risk, higher provision expenses in Q2 ($22.7 million), and integration costs from the Tallied Technologies acquisition announced in July 2026.
How does the repurchase price compare to book value?: At an average price of $13.46 per share, repurchases are occurring near tangible book value per share of $14.55. This suggests the company is exercising discipline, avoiding repurchases at substantial premiums to intrinsic value.
What is FinWise Bancorp's business model and market position?: FinWise is a Utah bank holding company serving fintech brands through lending, deposits, payments, and BIN sponsorship. Q2 2026 loan originations totaled $1.6 billion, with net interest margin of 13.69% supported by a growing credit-enhanced loan portfolio. The company recently acquired Tallied Technologies to own its full card technology stack.
Are there any restrictions or conditions on the repurchase program?: The filing does not disclose specific restrictions, expiration dates, or conditional triggers. Repurchases are authorized subject to applicable laws and regulations, which typically include SEC Rule 10b-18 safe harbors and the company's internal trading policies.

authorization execution small-cap banking fintech rule-10b-18

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.