secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2026-05-21T12:27:12+00:00
Accession:  0001856365-26-000054
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Bancorp authorizes repurchase of up to 685,000 shares (~5% of outstanding)
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- Board approved repurchase of up to 685,000 shares (~5% of shares outstanding as of May 19, 2026).
- Program expires May 31, 2028; purchases at company's discretion in open market or private transactions.
- CEO cites strong capital: Bank Leverage Ratio of 16.8% (nearly double well-capitalized threshold) and tangible book value of $14.34/share.
- Repurchases will be funded from available cash balances; company not obligated to buy any specific number.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636526000054/0001856365-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636526000054/finw-20260519.htm
  HTML page:      https://secwatch.observer/filing/0001856365-26-000054

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