$51.41
-2.5%Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans secured by savings or certificate accounts and automobiles; and unsecured personal loans and overdraft lines of credit. It operates branches in New Canaan, Stamford, Fairfield, Wilton, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
BWFG โข NASDAQ
| Bankwell Financial Group, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
207.7M | 195.7M | 193.3M | 121M | 87M | 80.4M | 88.2M | 84M | 75.8M | 63.7M | 54.2M | 38.6M | 31.5M | 24.7M | 21.7M | 18.3M | 14.8M | 12.9M | 10.7M | 9M | |
GROSS PROFIT | ||||||||||||||||||||
(100.4M) | (131.3M) | (94.9M) | (28.6M) | (13.4M) | (30.3M) | (29.6M) | (27.2M) | (18.2M) | (15.8M) | (11.2M) | (6.1M) | (3.4M) | (5M) | (3.9M) | (18.3M) | (14.8M) | (12.9M) | (10.7M) | (3.2M) | |
107.3M | 64.4M | 98.4M | 92.3M | 73.6M | 50.1M | 58.6M | 56.8M | 57.7M | 47.9M | 43M | 32.5M | 28.1M | 19.7M | 17.8M | 0.0 | 0.0 | 0.0 | 0.0 | 5.8M | |
OPERATING INCOME | ||||||||||||||||||||
(58.8M) | (51.1M) | (50.4M) | (44.4M) | (39.7M) | (42.8M) | (35.6M) | (35.6M) | (32.5M) | (29.5M) | (29.2M) | (25.8M) | (20.8M) | (17.9M) | (14.6M) | (3.2M) | (2.7M) | (2.9M) | (1.4M) | (4.9M) | |
(34.9M) | (29.4M) | (31.2M) | (25.6M) | (21.3M) | (24M) | (21.3M) | (22.4M) | (19.5M) | (18.1M) | (18.3M) | (15.3M) | (13.2M) | (10.5M) | (9.6M) | (6.4M) | (5.4M) | (5.7M) | (2.9M) | (2.8M) | |
48.5M | 13.3M | 48M | 48M | 33.9M | 7.3M | 22.9M | 21.2M | 25.1M | 18.3M | 13.9M | 6.7M | 7.3M | 1.9M | 3.2M | 721K | -1.1M | -442K | 1.1M | 905K | |
PRE-TAX INCOME | ||||||||||||||||||||
(99.4M) | (108.7M) | (94M) | (23.2M) | (13.5M) | (22.7M) | (29.2M) | (23.7M) | (16.8M) | (11.9M) | (8M) | (3.9M) | (2.8M) | (3.2M) | (2.9M) | (835K) | (0.0) | (0.0) | (0.0) | (3.1M) | |
98.9M | 83.3M | 94.5M | 94.7M | 67.9M | 54.8M | 53.8M | 56.3M | 54.4M | 49.1M | 42.8M | 31.7M | 25.3M | 21.2M | 17.7M | -835K | 0.0 | 0.0 | 0.0 | 5.3M | |
(23.9M) | (21.7M) | (19.2M) | (18.7M) | (18.5M) | (18.8M) | (14.3M) | (13.3M) | (13M) | (11.4M) | (10.8M) | (10.5M) | (7.6M) | (7.3M) | (5M) | -3.2M | -2.7M | -2.9M | -1.4M | (2.1M) | |
48.5M | 13.3M | 48M | 48M | 33.9M | 7.3M | 22.9M | 21.2M | 25.1M | 18.3M | 13.9M | 6.7M | 7.3M | 1.9M | 3.2M | 721K | -1.1M | -442K | 1.1M | 905K | |
NET INCOME | ||||||||||||||||||||
(13.3M) | (3.6M) | (11.4M) | (10.6M) | (7.3M) | (1.4M) | (4.7M) | (3.7M) | (11.3M) | (6M) | (4.8M) | (2.2M) | (2.2M) | (657K) | (997K) | (214K) | -271K | (1K) | (425K) | (393K) | |
35.2M | 9.8M | 36.7M | 37.4M | 26.6M | 5.9M | 18.2M | 17.4M | 13.8M | 12.4M | 9M | 4.6M | 5.2M | 1.2M | 2.2M | 507K | -830K | -443K | 684K | 512K |
BWFG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 07, 2026 | December 31, 2025 | 2025 | |
10-K 10-K 2025 FY FY | March 04, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 29, 2026 | January 29, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 23, 2025 | October 23, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 06, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 28, 2025 | July 28, 2025 | 2025 |
Continue your BWFG research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.