8-K Announcements
6Apr 22, 2026·SEC
Jan 29, 2026·SEC
Oct 23, 2025·SEC
Bankwell Financial Group, Inc. (BWFG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Bankwell Financial Group, Inc. (BWFG) stock price & volume — 10-year historical chart
Bankwell Financial Group, Inc. (BWFG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Bankwell Financial Group, Inc. (BWFG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $1.41vs $1.23+14.6% | $30Mvs $29M+2.6% |
| Q1 2026 | Jan 29, 2026 | $1.15vs $1.20-4.2% | $30Mvs $28M+8.1% |
| Q4 2025 | Oct 23, 2025 | $1.27vs $1.02+24.5% | $28Mvs $28M+0.7% |
| Q3 2025 | Jul 28, 2025 | $1.15vs $0.87+32.2% | $26Mvs $26M-0.1% |
Bankwell Financial Group, Inc. (BWFG) competitors in Commercial real estate and multifamily lenders — business model, growth, and fundamentals comparison
Bankwell Financial Group, Inc. (BWFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Bankwell Financial Group, Inc. (BWFG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 54.36M | 56.33M | 53.76M | 54.84M | 67.89M | 94.74M | 94.47M | 83.28M | 98.94M |
| NII Growth % | 10.74% | 3.61% | -4.55% | 2% | 23.8% | 39.56% | -0.29% | -11.84% | 18.8% |
| Net Interest Margin % | 3.03% | 3.01% | 2.86% | 2.43% | 2.76% | 2.91% | 2.94% | 2.55% | 2.94% |
| Interest Income | 71.2M | 80.06M | 82.95M | 77.49M | 81.38M | 117.94M | 188.45M | 191.99M | 198.33M |
| Interest Expense | 16.84M | 23.74M | 29.19M | 22.65M | 13.49M | 23.2M | 93.99M | 108.71M | 99.39M |
| Loan Loss Provision | 1.34M | 3.44M | 437K | 7.61M | -57K | 5.44M | 866K | 22.62M | 1.04M |
| Non-Interest Income | 4.63M | 3.9M | 5.24M | 2.88M | 5.66M | 3.04M | 4.84M | 3.72M | 9.39M |
| Non-Interest Income % | 6.1% | 4.64% | 5.95% | 3.59% | 6.5% | 2.51% | 2.5% | 1.9% | 4.52% |
| Total Revenue | 75.83M▲ 0% | 83.96M▲ 10.7% | 88.19M▲ 5.0% | 80.37M▼ 8.9% | 87.03M▲ 8.3% | 120.98M▲ 39.0% | 193.3M▲ 59.8% | 195.71M▲ 1.2% | 207.72M▲ 6.1% |
| Revenue Growth % | 19.11% | 10.73% | 5.04% | -8.87% | 8.29% | 39.01% | 59.77% | 1.25% | 6.13% |
| Non-Interest Expense | 32.52M | 35.63M | 35.63M | 42.81M | 39.74M | 44.36M | 50.4M | 51.05M | 58.79M |
| Efficiency Ratio | 42.89% | 42.44% | 40.4% | 53.27% | 45.66% | 36.67% | 26.07% | 26.08% | 28.3% |
| Operating Income | 25.13M▲ 0% | 21.15M▼ 15.8% | 22.94M▲ 8.5% | 7.3M▼ 68.2% | 33.86M▲ 363.8% | 47.98M▲ 41.7% | 48.04M▲ 0.1% | 13.33M▼ 72.3% | 48.49M▲ 263.8% |
| Operating Margin % | 33.14% | 25.19% | 26.01% | 9.08% | 38.91% | 39.66% | 24.85% | 6.81% | 23.35% |
| Operating Income Growth % | 37.24% | -15.82% | 8.46% | -68.18% | 363.79% | 41.71% | 0.13% | -72.26% | 263.83% |
| Pretax Income | 25.13M▲ 0% | 21.15M▼ 15.8% | 22.94M▲ 8.5% | 7.3M▼ 68.2% | 33.86M▲ 363.8% | 47.98M▲ 41.7% | 48.04M▲ 0.1% | 13.33M▼ 72.3% | 48.49M▲ 263.8% |
| Pretax Margin % | 33.14% | 25.19% | 26.01% | 9.08% | 38.91% | 39.66% | 24.85% | 6.81% | 23.35% |
| Income Tax | 11.3M | 3.72M | 4.73M | 1.4M | 7.28M | 10.55M | 11.38M | 3.56M | 13.3M |
| Effective Tax Rate % | 44.96% | 17.59% | 20.6% | 19.13% | 21.48% | 22% | 23.69% | 26.7% | 27.42% |
| Net Income | 13.83M▲ 0% | 17.43M▲ 26.1% | 18.22M▲ 4.5% | 5.9M▼ 67.6% | 26.59M▲ 350.3% | 37.43M▲ 40.8% | 36.66M▼ 2.0% | 9.77M▼ 73.4% | 35.2M▲ 260.3% |
| Net Margin % | 18.24% | 20.76% | 20.65% | 7.35% | 30.55% | 30.94% | 18.97% | 4.99% | 16.95% |
| Net Income Growth % | 11.98% | 26.05% | 4.49% | -67.59% | 350.3% | 40.78% | -2.05% | -73.35% | 260.27% |
| Net Income (Continuing) | 13.83M | 17.43M | 18.22M | 5.9M | 26.59M | 37.43M | 36.66M | 9.77M | 35.2M |
| EPS (Diluted) | 1.78▲ 0% | 2.21▲ 24.2% | 2.31▲ 4.5% | 0.75▼ 67.5% | 3.36▲ 348.0% | 4.79▲ 42.6% | 4.67▼ 2.5% | 1.23▼ 73.7% | 4.45▲ 261.8% |
| EPS Growth % | 9.88% | 24.16% | 4.52% | -67.53% | 348% | 42.56% | -2.51% | -73.66% | 261.79% |
| EPS (Basic) | 1.80 | 2.23 | 2.32 | 0.75 | 3.38 | 4.84 | 4.71 | 1.24 | 4.49 |
| Diluted Shares Outstanding | 7.67M | 7.78M | 7.79M | 7.75M | 7.76M | 7.64M | 7.65M | 7.74M | 7.83M |
Bankwell Financial Group, Inc. (BWFG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 162.73M | 168.56M | 160.49M | 493.94M | 381.8M | 448.59M | 277.31M | 325.27M | 227.17M |
| Cash & Due from Banks | 70.55M | 75.41M | 78.05M | 405.34M | 291.6M | 344.93M | 267.52M | 293.55M | 224.92M |
| Short Term Investments | 92.19M | 93.15M | 82.44M | 88.61M | 90.2M | 103.66M | 9.78M | 31.71M | 2.25M |
| Total Investments | 1.64B | 1.7B | 1.7B | 1.74B | 2B | 2.78B | 2.82B | 2.82B | 2.25M |
| Investments Growth % | 12.9% | 4.13% | -0.05% | 2.25% | 15.02% | 38.71% | 1.48% | 0.17% | -99.92% |
| Long-Term Investments | 1.54B | 1.61B | 1.62B | 1.65B | 1.91B | 2.67B | 2.81B | 2.79B | 0 |
| Accounts Receivables | 5.91M | 6.38M | 5.96M | 6.58M | 7.51M | 13.07M | 14.86M | 14.54M | 2.82B |
| Goodwill & Intangibles | 2.97M | 2.88M | 2.8M | 2.67M | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M |
| Goodwill | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M | 2.59M |
| Intangible Assets | 382K | 290K | 214K | 76K | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 18.2M | 19.77M | 28.52M | 21.76M | 25.59M | 27.2M | 27.02M | 23.86M | 21.58M |
| Other Assets | 57.4M | 60.66M | 57.76M | 64.48M | 118.21M | 78.72M | 74.44M | 99.79M | 276.58M |
| Total Current Assets | 168.64M | 174.94M | 166.45M | 500.52M | 389.31M | 461.66M | 292.17M | 339.8M | 3.05B |
| Total Non-Current Assets | 1.63B | 1.7B | 1.72B | 1.75B | 2.07B | 2.79B | 2.92B | 2.93B | 312.11M |
| Total Assets | 1.8B▲ 0% | 1.87B▲ 4.3% | 1.88B▲ 0.5% | 2.25B▲ 19.7% | 2.46B▲ 9.0% | 3.25B▲ 32.4% | 3.22B▼ 1.1% | 3.27B▲ 1.6% | 3.36B▲ 2.8% |
| Asset Growth % | 10.29% | 4.29% | 0.45% | 19.74% | 8.99% | 32.41% | -1.14% | 1.65% | 2.8% |
| Return on Assets (ROA) | 0.81% | 0.95% | 0.97% | 0.29% | 1.13% | 1.31% | 1.13% | 0.3% | 1.06% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 224.1M | 185.16M | 175.21M | 200.26M | 84.44M | 158.96M | 159.21M | 159.45M | 179.7M |
| Net Debt | 153.56M | 109.74M | 97.16M | -205.08M | -207.16M | -185.97M | -108.32M | -134.1M | -45.22M |
| Long-Term Debt | 224.1M | 185.16M | 175.21M | 200.26M | 84.44M | 158.96M | 159.21M | 159.45M | 69.7M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110M |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 53.77M | 50.94M | 1.38B |
| Total Current Liabilities | 1.41B | 1.51B | 1.52B | 1.88B | 2.17B | 2.86B | 2.74B | 2.79B | 1.61B |
| Total Non-Current Liabilities | 224.1M | 185.16M | 175.21M | 200.26M | 84.44M | 158.96M | 212.97M | 210.39M | 1.45B |
| Total Liabilities | 1.64B | 1.7B | 1.7B | 2.08B | 2.25B | 3.01B | 2.95B | 3B | 3.06B |
| Total Equity | 161.03M▲ 0% | 174.2M▲ 8.2% | 182.4M▲ 4.7% | 176.6M▼ 3.2% | 201.99M▲ 14.4% | 238.47M▲ 18.1% | 265.75M▲ 11.4% | 270.52M▲ 1.8% | 301.49M▲ 11.4% |
| Equity Growth % | 10.37% | 8.18% | 4.71% | -3.18% | 14.37% | 18.06% | 11.44% | 1.79% | 11.45% |
| Equity / Assets (Capital Ratio) | 8.96% | 9.3% | 9.69% | 7.84% | 8.22% | 7.33% | 8.26% | 8.28% | 8.97% |
| Return on Equity (ROE) | 9.01% | 10.4% | 10.22% | 3.29% | 14.04% | 17% | 14.54% | 3.64% | 12.31% |
| Book Value per Share | 20.99 | 22.40 | 23.43 | 22.79 | 26.02 | 31.21 | 34.75 | 34.96 | 38.52 |
| Tangible BV per Share | 20.61 | 22.03 | 23.07 | 22.45 | 25.69 | 30.87 | 34.41 | 34.63 | 38.19 |
| Common Stock | 118.3M | 120.53M | 120.59M | 121.34M | 118.15M | 115.02M | 118.25M | 119.11M | 120.12M |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 41.33M | 54.71M | 69.32M | 70.84M | 92.4M | 123.64M | 149.17M | 152.66M | 181.59M |
| Accumulated OCI | 1.69M | -1.04M | -7.52M | -15.57M | -8.56M | -189K | -1.66M | -1.24M | -216K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bankwell Financial Group, Inc. (BWFG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 20.57M | 19.98M | 6.63M | -1.51M | 34.56M | 82.67M | 31.93M | 29.94M | 27.27M |
| Operating CF Growth % | 18.42% | -2.89% | -66.81% | -122.8% | 2385.58% | 139.22% | -61.38% | -6.24% | -8.91% |
| Net Income | 13.83M | 17.43M | 18.22M | 5.9M | 26.59M | 37.43M | 36.66M | 9.77M | 35.2M |
| Depreciation & Amortization | 1.51M | 1.73M | 3.38M | 3.28M | 3.58M | 3.37M | 3.62M | 3.77M | 246K |
| Deferred Taxes | 3.91M | 1.28M | 276K | -3.52M | 1.7M | -1.96M | -191K | -469K | 0 |
| Other Non-Cash Items | -211K | 1.46M | -2.63M | 8.77M | -2.92M | 3.8M | -2.02M | 21.15M | -3.89M |
| Working Capital Changes | 615K | -3.22M | -13.63M | -17.72M | 3.78M | 37.67M | -9.23M | -7.29M | -6.63M |
| Cash from Investing | -194.46M | -74.61M | 18.69M | -21.94M | -270.02M | -811.16M | -48.3M | -33.96M | -164.18M |
| Purchase of Investments | -75.31M | -26.38M | -12.31M | -20.67M | -33.59M | -37.23M | -9.95M | -31.19M | 0 |
| Sale/Maturity of Investments | 65.82M | 21.99M | 31.46M | 16.96M | 30.38M | 12.67M | 5.08M | 15.08M | 0 |
| Net Investment Activity | -9.48M | -4.39M | 19.15M | -3.71M | -3.22M | -24.56M | -4.86M | -16.11M | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -183.1M | -66.87M | 182K | -21.57M | -271.07M | -781.64M | -41.39M | -17.24M | -164.18M |
| Cash from Financing | 148.27M | 62.02M | -25.38M | 355M | 170.55M | 739.49M | -70.15M | 42.39M | 54.31M |
| Dividends Paid | -2.15M | -3.76M | -4.08M | -4.39M | -5.03M | -6.19M | -6.24M | -6.28M | -6.27M |
| Share Repurchases | 0 | 0 | -988K | -1.04M | -5.08M | -5.54M | 0 | -2.14M | -1.33M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | 0 | 0 | -988K | -1.04M | -5.08M | -5.54M | 0 | -2.14M | -1.33M |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 0 | 0 | 1000K |
| Other Financing | 111.42M | 104.78M | -10.31M | 335.43M | 296.74M | 676.87M | -63.91M | 50.81M | 41.91M |
| Net Change in Cash | -25.62M▲ 0% | 7.38M▲ 128.8% | -61K▼ 100.8% | 331.55M▲ 543619.7% | -64.92M▼ 119.6% | 11M▲ 116.9% | -86.52M▼ 886.8% | 38.37M▲ 144.3% | 9.9M▼ 74.2% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 96.36M | 70.73M | 78.11M | 78.05M | 409.6M | 344.68M | 355.68M | 269.16M | 11.82M |
| Cash at End | 70.73M | 78.11M | 78.05M | 409.6M | 344.68M | 355.68M | 269.16M | 307.52M | 21.72M |
| Interest Paid | 16.58M | 18.66M | 23.94M | 23.04M | 14.01M | 17.79M | 86.04M | 108.71M | 99.39M |
| Income Taxes Paid | 8.02M | 3.69M | 2.89M | 4.03M | 5.09M | 11.52M | 12.1M | 5.38M | 11.94M |
| Free Cash Flow | 18.7M▲ 0% | 16.63M▼ 11.1% | 5.99M▼ 64.0% | 1.82M▼ 69.5% | 38.81M▲ 2026.8% | 77.71M▲ 100.2% | 29.88M▼ 61.5% | 29.32M▼ 1.9% | 26.13M▼ 10.9% |
| FCF Growth % | 108.43% | -11.08% | -64% | -69.51% | 2026.85% | 100.21% | -61.55% | -1.87% | -10.91% |
Bankwell Financial Group, Inc. (BWFG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.9% | 9.01% | 10.4% | 10.22% | 3.29% | 14.04% | 17% | 14.54% | 3.64% | 12.31% |
| Return on Assets (ROA) | 0.83% | 0.81% | 0.95% | 0.97% | 0.29% | 1.13% | 1.31% | 1.13% | 0.3% | 1.06% |
| Net Interest Margin | 3.01% | 3.03% | 3.01% | 2.86% | 2.43% | 2.76% | 2.91% | 2.94% | 2.55% | 2.94% |
| Efficiency Ratio | 46.4% | 42.89% | 42.44% | 40.4% | 53.27% | 45.66% | 36.67% | 26.07% | 26.08% | 28.3% |
| Equity / Assets | 8.96% | 8.96% | 9.3% | 9.69% | 7.84% | 8.22% | 7.33% | 8.26% | 8.28% | 8.97% |
| Book Value / Share | 19.48 | 20.99 | 22.4 | 23.43 | 22.79 | 26.02 | 31.21 | 34.75 | 34.96 | 38.52 |
| NII Growth | 14.73% | 10.74% | 3.61% | -4.55% | 2% | 23.8% | 39.56% | -0.29% | -11.84% | 18.8% |
| Dividend Payout | 13.45% | 15.54% | 21.56% | 22.39% | 74.34% | 18.9% | 16.54% | 17.02% | 64.31% | 17.8% |
Bankwell Financial Group, Inc. (BWFG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 22, 2026·SEC
Jan 29, 2026·SEC
Oct 23, 2025·SEC
Bankwell Financial Group, Inc. (BWFG) stock FAQ — growth, dividends, profitability & financials explained
Bankwell Financial Group, Inc. (BWFG) grew revenue by 6.1% over the past year. This is steady growth.
Yes, Bankwell Financial Group, Inc. (BWFG) is profitable, generating $35.2M in net income for fiscal year 2025 (16.9% net margin).
Yes, Bankwell Financial Group, Inc. (BWFG) pays a dividend with a yield of 1.54%. This makes it attractive for income-focused investors.
Bankwell Financial Group, Inc. (BWFG) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.
Bankwell Financial Group, Inc. (BWFG) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
Bankwell Financial Group, Inc. (BWFG) has an efficiency ratio of 28.3%. This is excellent, indicating strong cost control.
Bankwell Financial Group, Inc. (BWFG) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates