Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc.

BWFGยทNASDAQ

$52.71

-2.5%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$420.27M
EPS4.4900
P/E Ratio10.09
Earnings Date07/27/2026
3Y-67.0%
5Y-1904.0%
10Y+57.0%
3Y-80.0%
5Y+648.0%
10Y-44.0%
3Y-93.0%
5Y-85.0%
10Y-81.0%
BWFG

Bankwell Financial Group, Inc. Cash Conversion Engine

BWFG ยท NASDAQ
Net Income35.20M
Depreciation & Amortization246.00K
Stock-Based Compensation2.35M
Change in Working Capital-6.63M
Others-3.89M
Capital Expenditures-1.14M
Free Cash Flow26.12M

Cash Flow Quality Analysis

FCF Conversion Rate

74.2%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

4.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-10.9%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$6.63M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Bankwell Financial Group, Inc. Cash Flow Statement

BWFG โ€ข NASDAQ

Bankwell Financial Group, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2004
OPERATING ACTIVITIES
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
-380K
246K
3.8M
3.6M
3.4M
3.6M
3.3M
3.4M
1.7M
1.5M
1.7M
1.7M
1.2M
666K
612K
541K
452.4K
374K
242K
189K
183.5K
0.0
-469K
-191K
-2M
1.7M
-3.5M
276K
1.3M
3.9M
-1.1M
-966K
-696K
-357K
-777K
-404K
0.0
0.0
0.0
0.0
0.0
2.3M
3M
3.1M
2.4M
1.8M
1.8M
1M
1.3M
917K
1.2M
1M
573K
343K
563K
250K
0.0
0.0
0.0
0.0
0.0
-3.9M
21.1M
-2M
3.8M
-2.9M
8.8M
-2.6M
1.5M
-211K
4.4M
2.2M
1.9M
-1.5M
3.1M
3.2M
-260.4K
-2.2M
1.3M
692K
-439K
(11.9M)
(5.4M)
(12.1M)
(11.5M)
(5.1M)
(4M)
(2.9M)
(3.7M)
(8M)
(8.6M)
(6.1M)
(2.2M)
(2.9M)
(2M)
(866K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-6.6M
-7.3M
-9.2M
37.7M
3.8M
-17.7M
-13.6M
-3.2M
615K
-1.2M
180K
1.5M
-1.3M
3.4M
708K
144K
-1.3M
-1.1M
2M
-222K
27.3M
29.9M
31.9M
82.7M
34.6M
-1.5M
6.6M
20M
20.6M
17.4M
13.1M
9.2M
2.9M
8.2M
6.5M
843K
-3.9M
37K
3.6M
-858K
INVESTING ACTIVITIES
(0.0)
-613K
-2M
-5M
(4.3M)
(3.3M)
-645K
-3.4M
-1.9M
-8.4M
-938K
-2M
-908K
-684K
-96K
-1.4M
-255K
-1.1M
-295K
-176K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2.5M)
(30.9M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-31.2M
-9.9M
-37.2M
-33.6M
-20.7M
-12.3M
-26.4M
-75.3M
-117.3M
(0.0)
-53.8M
-7.6M
-7M
-69M
-47.8M
-41.2M
-36.1M
-28.8M
-26.4M
0.0
15.1M
5.1M
12.7M
30.4M
17M
31.5M
22M
65.8M
61.7M
25.1M
28.5M
11.4M
56.6M
33.4M
23.8M
38.4M
33.7M
28.4M
16.8M
-164.2M
-17.2M
-41.4M
-781.6M
-271.1M
-21.6M
182K
-66.9M
-183.1M
-227.6M
-217.7M
-213.9M
-85.5M
-163.1M
-80.8M
-30.6M
-59.9M
-54.6M
-35.1M
-23.3M
-164.2M
-34M
-48.3M
-811.2M
-270M
-21.9M
(18.7M)
-74.6M
-194.5M
-291.7M
-193.5M
-238.7M
-51.7M
-114.2M
-116.6M
-56M
-62.9M
-58.1M
-35.7M
-33.2M
FINANCING ACTIVITIES
-1.3M
-2.1M
0.0
-5.5M
-5.1M
-1M
-988K
0.0
0.0
200K
3.8M
44.7M
13.2M
0.0
0.0
4.2M
4.8M
1.6M
15.4M
19K
20M
0.0
0.0
74.4M
-116.1M
25M
-10M
-39M
39M
40M
16M
78M
-47M
33M
14M
-2M
3M
28M
-1.5M
16.5M
-6.3M
-6.3M
-6.2M
-6.2M
-5M
-4.4M
-4.1M
-3.8M
-2.1M
-1.7M
-501K
-110K
-111K
-132K
-206K
-261K
-187K
(0.0)
(0.0)
(0.0)
-1.3M
-2.1M
(0.0)
-5.5M
-5.1M
-1M
-988K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
41.9M
50.8M
-63.9M
676.9M
296.7M
335.4M
-10.3M
104.8M
111.4M
243.5M
212.1M
73.5M
135.8M
95M
58M
64.9M
73.5M
27.8M
24.5M
8.3M
54.3M
42.4M
-70.1M
739.5M
170.6M
355M
-25.4M
62M
148.3M
282.1M
220.4M
196.1M
101.8M
127.9M
77.7M
66.8M
81.1M
57.5M
38.4M
24.8M
CASH FLOW SUMMARY
9.9M
38.4M
-86.5M
11M
-64.9M
331.5M
-61K
7.4M
-25.6M
7.8M
40M
-33.5M
53.1M
21.8M
-32.4M
0.0
0.0
0.0
0.0
-9.3M
11.8M
269.2M
355.7M
344.7M
409.6M
78.1M
78.1M
70.7M
96.4M
88.6M
48.6M
82M
28.9M
7.1M
39.4M
0.0
0.0
0.0
0.0
13.4M
21.7M
307.5M
269.2M
355.7M
344.7M
409.6M
78.1M
78.1M
70.7M
96.4M
88.6M
48.6M
82M
28.9M
7.1M
0.0
0.0
0.0
0.0
4.1M
26.1M
29.3M
29.9M
77.7M
38.8M
1.8M
6M
16.6M
18.7M
9M
12.2M
7.1M
2M
7.5M
6.4M
-591K
-4.2M
-1.1M
3.3M
-1M

SEC Filings

BWFG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 187 filings