Blend Labs authorized a share buyback of up to $50 million.
The digital banking company announced the buyback plan on Tuesday as part of its fourth-quarter earnings report.
Blend repurchased 5.1 million shares in the fourth quarter for more than $15 million, bringing the year-to-date total to $25 million.
The San Francisco company also said revenue increased 7% to $32.4 million in the quarter. It posted a loss of $7.3 million, or 3 cents a share.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 10, 2026 19:03 ET (23:03 GMT)
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