Bankwell Financial Group, Inc. (BWFG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 26.89M | 26.95M | 25.99M | 23.94M | 22.07M | 20.2M | 20.72M | 21.22M | 21.15M | 22.25M | 22.69M | 23.99M | 25.54M | 26.81M | 24.6M | 23.82M | 19.51M | 18.93M | 17.72M | 16.58M |
| NII Growth % | 21.84% | 33.4% | 25.44% | 12.8% | 4.35% | -9.2% | -8.7% | -11.55% | -17.2% | -17.02% | -7.76% | 0.71% | 30.91% | 41.64% | 38.8% | 43.69% | 33.13% | 32.33% | 30.25% | 21.57% |
| Net Interest Margin % | 0.8% | 0.8% | 0.8% | 0.74% | 0.69% | 0.62% | 0.66% | 0.68% | 0.67% | 0.69% | 0.7% | 0.74% | 0.79% | 0.82% | 0.9% | 0.98% | 0.78% | 0.77% | 0.8% | 0.73% |
| Interest Income | 50.54M | 50.61M | 50.59M | 48.65M | 48.48M | 47.84M | 48.19M | 47.68M | 48.28M | 49.39M | 48.26M | 46.51M | 44.29M | 39.59M | 29.69M | 26.36M | 22.3M | 21.89M | 20.61M | 20.09M |
| Interest Expense | 23.65M | 23.66M | 24.6M | 24.71M | 26.41M | 27.64M | 27.47M | 26.46M | 27.13M | 27.15M | 25.57M | 22.52M | 18.75M | 12.78M | 5.08M | 2.54M | 2.79M | 2.96M | 2.89M | 3.51M |
| Loan Loss Provision | -1.03M | 616K | 372K | -411K | 463K | 4.46M | 6.3M | 8.18M | 3.68M | -960K | -1.58M | 2.58M | 826K | 4.27M | 2.38M | -1.45M | 229K | 125K | 134K | -20K |
| Non-Interest Income | 3.56M | 3.38M | 2.5M | 2.01M | 1.5M | 964K | 1.16M | 683K | 915K | 1.13M | 786K | 1.4M | 1.53M | 528K | 402K | 1.15M | 958K | 825K | 1.44M | 1.44M |
| Non-Interest Income % | 6.59% | 6.25% | 4.7% | 3.97% | 3.01% | 1.98% | 2.34% | 1.41% | 1.86% | 2.23% | 1.6% | 2.92% | 3.33% | 1.32% | 1.34% | 4.19% | 4.12% | 3.63% | 6.52% | 6.69% |
| Total Revenue | 54.1M | 53.99M | 53.09M | 50.66M | 49.98M | 48.81M | 49.35M | 48.36M | 49.2M | 50.52M | 49.05M | 47.91M | 45.82M | 40.12M | 30.09M | 27.52M | 23.26M | 22.72M | 22.05M | 21.53M |
| Revenue Growth % | 8.24% | 10.61% | 7.58% | 4.75% | 1.6% | -3.4% | 0.61% | 0.95% | 7.38% | 25.93% | 63.02% | 74.11% | 96.98% | 76.6% | 36.45% | 27.79% | 12.19% | 14.93% | 12.87% | 8.2% |
| Non-Interest Expense | 17.11M | 15.47M | 14.63M | 14.55M | 14.14M | 12.64M | 12.87M | 12.24M | 13.3M | 12.86M | 12.21M | 12.64M | 12.69M | 12.47M | 11.03M | 10.94M | 9.93M | 9.68M | 10.37M | 10.05M |
| Efficiency Ratio | 31.63% | 28.66% | 27.56% | 28.71% | 28.29% | 25.91% | 26.07% | 25.32% | 27.03% | 25.46% | 24.88% | 26.39% | 27.7% | 31.08% | 36.66% | 39.74% | 42.67% | 42.6% | 47.03% | 46.68% |
| Operating Income | 14.37M | 14.24M | 13.48M | 11.81M | 8.97M | 4.06M | 2.71M | 1.47M | 5.08M | 11.47M | 12.85M | 10.17M | 13.55M | 10.59M | 11.59M | 15.48M | 10.31M | 9.95M | 8.66M | 7.99M |
| Operating Margin % | 26.56% | 26.37% | 25.39% | 23.32% | 17.94% | 8.32% | 5.5% | 3.05% | 10.33% | 22.7% | 26.2% | 21.23% | 29.57% | 26.41% | 38.52% | 56.27% | 44.34% | 43.79% | 39.26% | 37.09% |
| Operating Income Growth % | 60.24% | 250.55% | 397.01% | 701.42% | 76.45% | -64.59% | -78.9% | -85.51% | -62.49% | 8.27% | 10.87% | -34.31% | 31.37% | 6.48% | 33.89% | 93.86% | 41.89% | 1839.38% | 128.96% | 434.96% |
| Pretax Income | 14.37M | 14.24M | 13.48M | 11.81M | 8.97M | 4.06M | 2.71M | 1.47M | 5.08M | 11.47M | 12.85M | 10.17M | 13.55M | 10.59M | 11.59M | 15.48M | 10.31M | 9.95M | 8.66M | 7.99M |
| Pretax Margin % | 26.56% | 26.37% | 25.39% | 23.32% | 17.94% | 8.32% | 5.5% | 3.05% | 10.33% | 22.7% | 26.2% | 21.23% | 29.57% | 26.41% | 38.52% | 56.27% | 44.34% | 43.79% | 39.26% | 37.09% |
| Income Tax | 3.09M | 5.09M | 3.4M | 2.73M | 2.08M | 1.1M | 786K | 356K | 1.32M | 2.95M | 3.07M | 2.19M | 3.17M | 2.57M | 2.42M | 3.46M | 2.1M | 2.13M | 1.8M | 1.76M |
| Effective Tax Rate % | 21.53% | 35.77% | 25.23% | 23.07% | 23.19% | 27.04% | 28.98% | 24.15% | 25.95% | 25.68% | 23.92% | 21.52% | 23.4% | 24.29% | 20.85% | 22.36% | 20.38% | 21.46% | 20.82% | 22.02% |
| Net Income | 11.28M | 9.14M | 10.08M | 9.09M | 6.89M | 2.96M | 1.93M | 1.12M | 3.76M | 8.52M | 9.78M | 7.98M | 10.38M | 8.02M | 9.17M | 12.02M | 8.21M | 7.81M | 6.86M | 6.23M |
| Net Margin % | 20.84% | 16.94% | 18.98% | 17.94% | 13.78% | 6.07% | 3.9% | 2.31% | 7.65% | 16.87% | 19.93% | 16.66% | 22.65% | 19.99% | 30.49% | 43.69% | 35.31% | 34.4% | 31.09% | 28.92% |
| Net Income Growth % | 63.69% | 208.61% | 423.26% | 712.88% | 83.05% | -65.24% | -80.3% | -86% | -63.74% | 6.27% | 6.57% | -33.6% | 26.39% | 2.65% | 33.83% | 93.03% | 44.32% | 2225.6% | 129.19% | 413.01% |
| Net Income (Continuing) | 11.28M | 9.14M | 10.08M | 9.09M | 6.89M | 2.96M | 1.93M | 1.12M | 3.76M | 8.52M | 9.78M | 7.98M | 10.38M | 8.02M | 9.17M | 12.02M | 8.21M | 7.81M | 6.86M | 6.23M |
| EPS (Diluted) | 1.41 | 1.15 | 1.27 | 1.15 | 0.87 | 0.37 | 0.24 | 0.14 | 0.48 | 1.09 | 1.25 | 1.02 | 1.33 | 1.04 | 1.18 | 1.55 | 1.04 | 0.99 | 0.87 | 0.79 |
| EPS Growth % | 62.07% | 210.81% | 429.17% | 721.43% | 81.25% | -66.05% | -80.8% | -86.27% | -63.91% | 4.81% | 5.93% | -34.19% | 27.88% | 5.05% | 35.63% | 96.2% | 46.48% | 2375% | 128.95% | 393.75% |
| EPS (Basic) | 1.46 | 1.16 | 1.28 | 1.16 | 0.88 | 0.37 | 0.24 | 0.14 | 0.48 | 1.09 | 1.25 | 1.02 | 1.34 | 1.04 | 1.19 | 1.56 | 1.05 | 1.00 | 0.88 | 0.79 |
| Diluted Shares Outstanding | 7.8M | 7.86M | 7.84M | 7.8M | 7.74M | 7.73M | 7.72M | 7.75M | 7.69M | 7.65M | 7.63M | 7.6M | 7.62M | 7.56M | 7.61M | 7.61M | 7.72M | 7.73M | 7.74M | 7.77M |