Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc.

BWFGยทNASDAQ

$51.41

-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$409.86M
EPS4.4900
P/E Ratio11.45
Earnings Date07/27/2026
3Y+72.0%
5Y+158.0%
10Y+226.0%
3Y-6.0%
5Y+496.0%
10Y+185.0%
3Y-67.0%
5Y-1904.0%
10Y+57.0%
Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc. Profit Bridge

BWFG ยท NASDAQ
Revenue207.72M
Cost of Goods Sold (100.43M)
Gross Profit107.28M
Operating Expenses (58.79M)
Operating Income48.49M
Interest Expense (99.39M)
Other Income/Expense0.00
Pretax Income48.49M
Income Tax (13.30M)
Net Income35.20M
Net Income
35.20M

Profitability Analysis

Gross Margin

51.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

23.3%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

16.9%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

27.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Bankwell Financial Group, Inc. Income Statement

BWFG โ€ข NASDAQ

Bankwell Financial Group, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 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

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