Tranche Update on 1895 Bancorp of Wisconsin, Inc.'s Equity Buyback Plan announced on May 4, 2023.
March 30, 2024 at 01:01 am IST
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From October 1, 2023 to December 31, 2023, the company has repurchased 34,467 shares, representing 0.61% for $0.23 million. With this, the company has completed the repurchase of 71,029 shares, representing 1.24% for $0.5 million under the buyback announced on May 4, 2023.
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.