1895 Bancorp of Wisconsin, Inc. announces an Equity Buyback for 621,522 shares, representing 10% of its issued share capital.
May 04, 2023 at 04:33 pm
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1895 Bancorp of Wisconsin, Inc. (NasdaqCM:BCOW) announces a share repurchase program. Under the program, the company will repurchase up to 621,522 shares, 10% of its outstanding share capital. The program is subject to regulatory non-objection.
1895 Bancorp of Wisconsin, Inc. is the savings and loan holding company for PyraMax Bank, FSB (PyraMax Bank). PyraMax Bank is a stock savings bank, which operates as a full-service financial institution, providing a full range of financial services, including the granting of commercial, residential, and consumer loans and acceptance of deposits from individual customers and small businesses in the metropolitan Milwaukee, Wisconsin, area. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, commercial real estate loans (which includes non-owner occupied commercial real estate, multi-family, owner occupied commercial real estate and one- to four-family non-owner-occupied loans), commercial loans and consumer loans. It offers variety of deposit accounts, including checking accounts, savings accounts, and certificate of deposit accounts.