FFBW, Inc. announces an Equity Buyback for 625,000 shares.
May 10, 2022 at 07:47 pm IST
Share
FFBW, Inc. (NasdaqCM:FFBW) announces a share repurchase program. Under the program, the company will repurchase up to 625,000 shares, representing 10% of its issued share capital.
FFBW, Inc. is a holding company. The Company provides a variety of financial services to individual and corporate customers through its wholly owned subsidiary, First Federal Bank of Wisconsin (the Bank). The Bank is a community bank, which offers consumer banking, commercial banking and residential lending. Its commercial banking services include commercial checking, commercial savings, municipal deposit accounts, treasury management services, commercial loans and credit cards. Its consumer banking services include checking accounts, health savings account, savings accounts, consumer loans, credit cards, card management, online services, mobile services, Zelle and Go Green with eStatements. The Bank has four branch locations. The Bank invests in various types of liquid assets, including the United States Treasury obligations, securities of various government-sponsored enterprises and municipal governments, deposits at the Federal Home Loan Bank of Chicago.