FinWise Bancorp (NASDAQ:FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced that its Board of Directors has authorized a common stock repurchase program to purchase up to 685,000 shares, or approximately 5% of issued and outstanding shares, as of May 19, 2026. Any repurchases made under the program will be made at the Company's discretion with an expiration of May 31, 2028.

"The Board's authorization of a share repurchase program reflects our strong capital position and confidence in the long-term trajectory of the business," said Jim Noone, CEO of FinWise Bancorp. "We ended the first quarter with a Bank Leverage Ratio of 16.8%, nearly double the well-capitalized threshold, and tangible book value of $14.34 per share. FinWise today is supported by multiple growth engines at varying stages of maturity. We remain focused on disciplined execution and thoughtful capital deployment to build long-term shareholder value."