Financial Services - Banks - Regional - NASDAQ - US
$ 32.25
-1.26 %
$ 253 M
Market Cap
16.54
P/E
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.[ Read More ]
The intrinsic value of one BWFG stock under the base case scenario is HIDDEN Compared to the current market price of 32.2 USD, Bankwell Financial Group, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BWFG
FINANCIALS
98.4 M
REVENUE
48 M
OPERATING INCOME
36.7 M
NET INCOME
33.4 M
OPERATING CASH FLOW
-48.3 M
INVESTING CASH FLOW
-70.1 M
FINANCING CASH FLOW
21.9 M
REVENUE
3.65 M
OPERATING INCOME
2.06 M
NET INCOME
-1.5 M
OPERATING CASH FLOW
17.5 M
INVESTING CASH FLOW
79.4 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Bankwell Financial Group, Inc.
| Current Assets | 269 M |
| Cash & Short-Term Investments | 269 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 2.95 B |
| Long-Term Investments | 14.5 M |
| PP&E | 27 M |
| Other Non-Current Assets | 2.9 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 2.95 B |
| Long-Term Debt | 171 M |
| Other Non-Current Liabilities | 2.78 B |
EFFICIENCY
Earnings Waterfall
Bankwell Financial Group, Inc.
| Revenue | 98.4 M |
| Cost Of Revenue | 0 |
| Gross Profit | 98.4 M |
| Operating Expenses | 99.3 M |
| Operating Income | 48 M |
| Other Expenses | 11.4 M |
| Net Income | 36.7 M |
RATIOS
100.00%
GROSS MARGIN
48.80%
OPERATING MARGIN
37.24%
NET MARGIN
13.80%
ROE
1.14%
ROA
8.63%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bankwell Financial Group, Inc.
| Net Income | 36.7 M |
| Depreciation & Amortization | 3.62 M |
| Capital Expenditures | -2.04 M |
| Stock-Based Compensation | 3.07 M |
| Change in Working Capital | -7.8 M |
| Others | -11.2 M |
| Free Cash Flow | 31.3 M |
Wall Street Analysts Price Targets
Bankwell Financial Group, Inc.
BWFG has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.37%
DIVIDEND YIELD
0.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bankwell Financial Group, Inc.
Sold
0-3 MONTHS
70.4 K USD 2
3-6 MONTHS
138 K USD 3
6-9 MONTHS
150 K USD 1
9-12 MONTHS
41.7 K USD 1
Bought
372 K USD 5
0-3 MONTHS
292 K USD 6
3-6 MONTHS
80.6 K USD 5
6-9 MONTHS
77.5 K USD 6
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Oct 31, 2024
|
Bought 35.5 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1220
|
29.06 USD |
|
2 weeks ago
Oct 31, 2024
|
Bought 33.7 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1158
|
29.07 USD |
|
2 weeks ago
Oct 31, 2024
|
Bought 25.5 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 877
|
29.07 USD |
|
2 weeks ago
Oct 31, 2024
|
Bought 25.3 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 870
|
29.07 USD |
|
2 weeks ago
Oct 31, 2024
|
Bought 20.9 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 717
|
29.08 USD |
|
2 weeks ago
Oct 31, 2024
|
Bought 3.91 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 134
|
29.2 USD |
|
2 months ago
Sep 11, 2024
|
Bought 3.92 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 133
|
29.5 USD |
|
2 months ago
Sep 11, 2024
|
Bought 3.75 K USD
|
Porto Carl M
Director |
+ 127
|
29.5 USD |
|
2 months ago
Sep 11, 2024
|
Bought 3.66 K USD
|
Dunne Jeffrey R
Director |
+ 124
|
29.5 USD |
|
2 months ago
Sep 11, 2024
|
Bought 206 USD
|
Drexler Blake S
Director |
+ 7
|
29.5 USD |
|
2 months ago
Sep 11, 2024
|
Bought 6.17 K USD
|
Dale Eric J
Director |
+ 209
|
29.5 USD |
|
2 months ago
Sep 10, 2024
|
Bought 3.86 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 133
|
29 USD |
|
2 months ago
Sep 10, 2024
|
Bought 3.68 K USD
|
Porto Carl M
Director |
+ 127
|
29 USD |
|
2 months ago
Sep 10, 2024
|
Bought 3.6 K USD
|
Dunne Jeffrey R
Director |
+ 124
|
29 USD |
|
2 months ago
Sep 10, 2024
|
Bought 6.06 K USD
|
Dale Eric J
Director |
+ 209
|
29 USD |
|
2 months ago
Sep 10, 2024
|
Bought 203 USD
|
Drexler Blake S
Director |
+ 7
|
29 USD |
|
2 months ago
Sep 09, 2024
|
Bought 3.1 K USD
|
Porto Carl M
Director |
+ 106
|
29.2 USD |
|
2 months ago
Sep 09, 2024
|
Bought 175 USD
|
Drexler Blake S
Director |
+ 6
|
29.2 USD |
|
2 months ago
Sep 09, 2024
|
Bought 1.56 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 53
|
29.36 USD |
|
2 months ago
Sep 09, 2024
|
Bought 3.24 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 111
|
29.2 USD |
|
2 months ago
Sep 09, 2024
|
Bought 3.01 K USD
|
Dunne Jeffrey R
Director |
+ 103
|
29.2 USD |
|
2 months ago
Sep 09, 2024
|
Bought 5.08 K USD
|
Dale Eric J
Director |
+ 174
|
29.2 USD |
|
2 months ago
Sep 06, 2024
|
Bought 5.11 K USD
|
Dale Eric J
Director |
+ 174
|
29.39 USD |
|
2 months ago
Sep 06, 2024
|
Bought 176 USD
|
Drexler Blake S
Director |
+ 6
|
29.35 USD |
|
2 months ago
Sep 06, 2024
|
Bought 3.03 K USD
|
Dunne Jeffrey R
Director |
+ 103
|
29.41 USD |
|
2 months ago
Sep 06, 2024
|
Bought 3.26 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 111
|
29.4 USD |
|
2 months ago
Sep 06, 2024
|
Bought 3.12 K USD
|
Porto Carl M
Director |
+ 106
|
29.4 USD |
|
2 months ago
Sep 04, 2024
|
Sell 12.5 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 421
|
29.6 USD |
|
2 months ago
Sep 03, 2024
|
Sell 7.35 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 246
|
29.87 USD |
|
2 months ago
Aug 28, 2024
|
Sell 50.6 K USD
|
Chivily Christine
EVP & Chief Credit Officer |
- 1815
|
27.88 USD |
|
2 months ago
Aug 26, 2024
|
Bought 1.86 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 64
|
29.1 USD |
|
2 months ago
Aug 23, 2024
|
Bought 35.2 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1212
|
29.05 USD |
|
2 months ago
Aug 23, 2024
|
Bought 33.4 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1150
|
29.05 USD |
|
2 months ago
Aug 23, 2024
|
Bought 25.3 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 871
|
29.06 USD |
|
2 months ago
Aug 23, 2024
|
Bought 25.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 864
|
29.06 USD |
|
2 months ago
Aug 23, 2024
|
Bought 20.7 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 712
|
29.06 USD |
|
2 months ago
Aug 23, 2024
|
Bought 3.88 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 133
|
29.18 USD |
|
2 months ago
Aug 23, 2024
|
Bought 721 USD
|
SEIDMAN LAWRENCE B
Director |
+ 25
|
28.83 USD |
|
2 months ago
Aug 23, 2024
|
Bought 5.9 K USD
|
Dale Eric J
Director |
+ 204
|
28.92 USD |
|
2 months ago
Aug 23, 2024
|
Bought 5.03 K USD
|
Drexler Blake S
Director |
+ 174
|
28.92 USD |
|
2 months ago
Aug 23, 2024
|
Bought 894 USD
|
Dunne Jeffrey R
Director |
+ 31
|
28.83 USD |
|
2 months ago
Aug 23, 2024
|
Bought 3.06 K USD
|
Porto Carl M
Director |
+ 106
|
28.86 USD |
|
3 months ago
Jul 29, 2024
|
Bought 67.1 K USD
|
Leitao Kevin D
Director |
+ 2500
|
26.83 USD |
|
4 months ago
Jul 01, 2024
|
Sell 36.2 K USD
|
Hildebrand Ryan Jason
Chief Innovation Officer |
- 1448
|
25.02 USD |
|
4 months ago
Jul 01, 2024
|
Sell 18.7 K USD
|
Chivily Christine
EVP & Chief Credit Officer |
- 750
|
24.99 USD |
|
5 months ago
Jun 11, 2024
|
Bought 887 USD
|
Dunne Jeffrey R
Director |
+ 37
|
23.97 USD |
|
5 months ago
Jun 10, 2024
|
Bought 4.89 K USD
|
Dunne Jeffrey R
Director |
+ 204
|
23.99 USD |
|
5 months ago
Jun 11, 2024
|
Bought 911 USD
|
Porto Carl M
Director |
+ 38
|
23.97 USD |
|
5 months ago
Jun 10, 2024
|
Bought 5.09 K USD
|
Porto Carl M
Director |
+ 212
|
24 USD |
|
5 months ago
Jun 11, 2024
|
Bought 959 USD
|
SEIDMAN LAWRENCE B
Director |
+ 40
|
23.97 USD |
|
5 months ago
Jun 10, 2024
|
Bought 5.3 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 221
|
24 USD |
|
5 months ago
Jun 11, 2024
|
Bought 71.9 USD
|
Drexler Blake S
Director |
+ 3
|
23.97 USD |
|
5 months ago
Jun 10, 2024
|
Bought 337 USD
|
Drexler Blake S
Director |
+ 14
|
24.08 USD |
|
5 months ago
Jun 11, 2024
|
Bought 1.51 K USD
|
Dale Eric J
Director |
+ 63
|
23.97 USD |
|
5 months ago
Jun 10, 2024
|
Bought 8.35 K USD
|
Dale Eric J
Director |
+ 348
|
24 USD |
|
5 months ago
Jun 07, 2024
|
Bought 8.54 K USD
|
Dale Eric J
Director |
+ 349
|
24.46 USD |
|
5 months ago
Jun 06, 2024
|
Bought 4.31 K USD
|
Dale Eric J
Director |
+ 174
|
24.79 USD |
|
5 months ago
Jun 07, 2024
|
Bought 342 USD
|
Drexler Blake S
Director |
+ 14
|
24.45 USD |
|
5 months ago
Jun 06, 2024
|
Bought 173 USD
|
Drexler Blake S
Director |
+ 7
|
24.76 USD |
|
5 months ago
Jun 07, 2024
|
Bought 4.99 K USD
|
Dunne Jeffrey R
Director |
+ 204
|
24.46 USD |
|
5 months ago
Jun 06, 2024
|
Bought 2.53 K USD
|
Dunne Jeffrey R
Director |
+ 102
|
24.78 USD |
|
5 months ago
Jun 07, 2024
|
Bought 5.19 K USD
|
Porto Carl M
Director |
+ 212
|
24.46 USD |
|
5 months ago
Jun 06, 2024
|
Bought 2.63 K USD
|
Porto Carl M
Director |
+ 106
|
24.78 USD |
|
5 months ago
Jun 07, 2024
|
Bought 5.41 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 221
|
24.46 USD |
|
5 months ago
Jun 06, 2024
|
Bought 2.75 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 111
|
24.78 USD |
|
5 months ago
May 30, 2024
|
Bought 1.6 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 63
|
25.43 USD |
|
5 months ago
May 28, 2024
|
Bought 45.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1851
|
24.37 USD |
|
5 months ago
May 29, 2024
|
Bought 17.8 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 722
|
24.62 USD |
|
5 months ago
May 29, 2024
|
Bought 14.6 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 592
|
24.62 USD |
|
5 months ago
May 28, 2024
|
Bought 4.61 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 189
|
24.37 USD |
|
5 months ago
May 29, 2024
|
Bought 28.7 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1167
|
24.62 USD |
|
5 months ago
May 29, 2024
|
Bought 26.7 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1086
|
24.62 USD |
|
5 months ago
May 29, 2024
|
Bought 6.13 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 249
|
24.62 USD |
|
5 months ago
May 22, 2024
|
Bought 633 USD
|
Dunne Jeffrey R
Director |
+ 26
|
24.33 USD |
|
5 months ago
May 22, 2024
|
Bought 4.94 K USD
|
Drexler Blake S
Director |
+ 203
|
24.34 USD |
|
5 months ago
May 22, 2024
|
Bought 5.57 K USD
|
Dale Eric J
Director |
+ 229
|
24.33 USD |
|
5 months ago
May 22, 2024
|
Bought 2.97 K USD
|
Porto Carl M
Director |
+ 122
|
24.35 USD |
|
5 months ago
May 22, 2024
|
Bought 486 USD
|
SEIDMAN LAWRENCE B
Director |
+ 20
|
24.31 USD |
|
5 months ago
May 22, 2024
|
Sell 34.4 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 1417
|
24.31 USD |
|
5 months ago
May 21, 2024
|
Sell 14.4 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 600
|
24.07 USD |
|
5 months ago
May 21, 2024
|
Sell 19.4 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 805
|
24.15 USD |
|
6 months ago
May 17, 2024
|
Sell 14.5 K USD
|
Brunner Steven H
EVP & Chief Risk & Operations |
- 600
|
24.14 USD |
|
6 months ago
May 13, 2024
|
Sell 150 K USD
|
Chivily Christine
EVP & Chief Credit Officer |
- 6356
|
23.6 USD |
|
8 months ago
Mar 11, 2024
|
Bought 831 USD
|
Dale Eric J
Director |
+ 32
|
25.97 USD |
|
8 months ago
Mar 08, 2024
|
Bought 13.9 K USD
|
Dale Eric J
Director |
+ 545
|
25.47 USD |
|
8 months ago
Mar 07, 2024
|
Bought 14 K USD
|
Dale Eric J
Director |
+ 560
|
25.08 USD |
|
8 months ago
Mar 11, 2024
|
Bought 77.9 USD
|
Drexler Blake S
Director |
+ 3
|
25.97 USD |
|
8 months ago
Mar 08, 2024
|
Bought 2.94 K USD
|
Drexler Blake S
Director |
+ 116
|
25.38 USD |
|
8 months ago
Mar 07, 2024
|
Bought 2.98 K USD
|
Drexler Blake S
Director |
+ 119
|
25.06 USD |
|
8 months ago
Mar 11, 2024
|
Bought 364 USD
|
Dunne Jeffrey R
Director |
+ 14
|
25.97 USD |
|
8 months ago
Mar 08, 2024
|
Bought 7.04 K USD
|
Dunne Jeffrey R
Director |
+ 276
|
25.49 USD |
|
8 months ago
Mar 07, 2024
|
Bought 7.1 K USD
|
Dunne Jeffrey R
Director |
+ 283
|
25.09 USD |
|
8 months ago
Mar 11, 2024
|
Bought 623 USD
|
Porto Carl M
Director |
+ 24
|
25.97 USD |
|
8 months ago
Mar 08, 2024
|
Bought 8.1 K USD
|
Porto Carl M
Director |
+ 318
|
25.46 USD |
|
8 months ago
Mar 07, 2024
|
Bought 8.18 K USD
|
Porto Carl M
Director |
+ 326
|
25.08 USD |
|
8 months ago
Mar 11, 2024
|
Bought 416 USD
|
SEIDMAN LAWRENCE B
Director |
+ 16
|
25.97 USD |
|
8 months ago
Mar 08, 2024
|
Bought 6.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 274
|
25.47 USD |
|
8 months ago
Mar 07, 2024
|
Bought 7.05 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 281
|
25.09 USD |
|
11 months ago
Dec 14, 2023
|
Bought 15.5 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 532
|
29.05 USD |
|
11 months ago
Dec 12, 2023
|
Bought 13.6 K USD
|
Porto Carl M
Director |
+ 490
|
27.82 USD |
|
11 months ago
Dec 12, 2023
|
Bought 13 K USD
|
Dunne Jeffrey R
Director |
+ 467
|
27.8 USD |
|
11 months ago
Dec 12, 2023
|
Bought 20.7 K USD
|
Dale Eric J
Director |
+ 743
|
27.81 USD |
|
11 months ago
Dec 12, 2023
|
Bought 1.11 K USD
|
Drexler Blake S
Director |
+ 40
|
27.63 USD |
|
11 months ago
Dec 06, 2023
|
Sell 41.7 K USD
|
Chivily Christine
Chief Credit Officer |
- 1500
|
27.78 USD |
|
11 months ago
Nov 20, 2023
|
Bought 2.37 K USD
|
Porto Carl M
Director |
+ 87
|
27.23 USD |
|
11 months ago
Nov 20, 2023
|
Bought 408 USD
|
Dunne Jeffrey R
Director |
+ 15
|
27.23 USD |
|
11 months ago
Nov 20, 2023
|
Bought 871 USD
|
Garnett James M Jr
Director |
+ 32
|
27.22 USD |
|
11 months ago
Nov 20, 2023
|
Bought 5.31 K USD
|
Drexler Blake S
Director |
+ 195
|
27.23 USD |
|
11 months ago
Nov 20, 2023
|
Bought 4.66 K USD
|
Dale Eric J
Director |
+ 171
|
27.23 USD |
|
1 year ago
Sep 14, 2023
|
Bought 7.27 K USD
|
Dale Eric J
Director |
+ 277
|
26.25 USD |
|
1 year ago
Sep 14, 2023
|
Bought 4.7 K USD
|
Dunne Jeffrey R
Director |
+ 179
|
26.24 USD |
|
1 year ago
Sep 14, 2023
|
Bought 4.83 K USD
|
Porto Carl M
Director |
+ 184
|
26.24 USD |
|
1 year ago
Sep 14, 2023
|
Bought 5.29 K USD
|
Garnett James M Jr
Director |
+ 204
|
25.95 USD |
|
1 year ago
Sep 14, 2023
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 192
|
25.95 USD |
|
1 year ago
Sep 12, 2023
|
Sell 103 K USD
|
Lampert Todd
Director |
- 4000
|
25.74 USD |
|
1 year ago
Aug 29, 2023
|
Bought 7.26 K USD
|
Dale Eric J
Director |
+ 277
|
26.21 USD |
|
1 year ago
Aug 29, 2023
|
Bought 4.3 K USD
|
Dunne Jeffrey R
Director |
+ 164
|
26.19 USD |
|
1 year ago
Aug 29, 2023
|
Bought 4.69 K USD
|
Porto Carl M
Director |
+ 179
|
26.2 USD |
|
1 year ago
Aug 29, 2023
|
Bought 5.25 K USD
|
Garnett James M Jr
Director |
+ 199
|
26.38 USD |
|
1 year ago
Aug 29, 2023
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 189
|
26.38 USD |
|
1 year ago
Aug 25, 2023
|
Bought 761 USD
|
Dunne Jeffrey R
Director |
+ 29
|
26.25 USD |
|
1 year ago
Aug 25, 2023
|
Bought 5.14 K USD
|
Dale Eric J
Director |
+ 196
|
26.25 USD |
|
1 year ago
Aug 25, 2023
|
Bought 4.75 K USD
|
Drexler Blake S
Director |
+ 181
|
26.25 USD |
|
1 year ago
Aug 25, 2023
|
Bought 866 USD
|
Garnett James M Jr
Director |
+ 33
|
26.25 USD |
|
1 year ago
Aug 25, 2023
|
Bought 2.73 K USD
|
Porto Carl M
Director |
+ 104
|
26.25 USD |
|
1 year ago
Aug 03, 2023
|
Bought 5.29 K USD
|
Garnett James M Jr
Director |
+ 191
|
27.68 USD |
|
1 year ago
Aug 03, 2023
|
Bought 4.95 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 179
|
27.68 USD |
|
1 year ago
Aug 03, 2023
|
Bought 5.28 K USD
|
Dunne Jeffrey R
Director |
+ 192
|
27.51 USD |
|
1 year ago
Aug 03, 2023
|
Bought 5.04 K USD
|
Porto Carl M
Director |
+ 183
|
27.52 USD |
|
1 year ago
Aug 03, 2023
|
Bought 7.6 K USD
|
Dale Eric J
Director |
+ 276
|
27.52 USD |
|
1 year ago
Aug 01, 2023
|
Bought 68.4 K USD
|
Kotval Anahaita N.
Director |
+ 2500
|
27.35 USD |
|
1 year ago
Jul 03, 2023
|
Sell 18.9 K USD
|
Chivily Christine
Chief Credit Officer |
- 764
|
24.68 USD |
|
1 year ago
Jun 22, 2023
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 203
|
24.55 USD |
|
1 year ago
Jun 22, 2023
|
Bought 13.1 K USD
|
Dunne Jeffrey R
Director |
+ 542
|
24.13 USD |
|
1 year ago
Jun 22, 2023
|
Bought 4.42 K USD
|
Porto Carl M
Director |
+ 183
|
24.13 USD |
|
1 year ago
Jun 22, 2023
|
Bought 6.64 K USD
|
Dale Eric J
Director |
+ 275
|
24.13 USD |
|
1 year ago
Jun 22, 2023
|
Bought 5.28 K USD
|
Garnett James M Jr
Director |
+ 215
|
24.55 USD |
|
1 year ago
May 31, 2023
|
Bought 833 USD
|
Drexler Blake S
Director |
+ 36
|
23.15 USD |
|
1 year ago
May 31, 2023
|
Bought 4.28 K USD
|
Porto Carl M
Director |
+ 185
|
23.15 USD |
|
1 year ago
May 31, 2023
|
Bought 6.69 K USD
|
Dale Eric J
Director |
+ 289
|
23.15 USD |
|
1 year ago
May 31, 2023
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 218
|
22.91 USD |
|
1 year ago
May 31, 2023
|
Bought 4.1 K USD
|
Garnett James M Jr
Director |
+ 179
|
22.91 USD |
|
1 year ago
May 23, 2023
|
Bought 5.18 K USD
|
Dale Eric J
Director |
+ 213
|
24.34 USD |
|
1 year ago
May 23, 2023
|
Bought 4.94 K USD
|
Drexler Blake S
Director |
+ 203
|
24.34 USD |
|
1 year ago
May 23, 2023
|
Bought 803 USD
|
Garnett James M Jr
Director |
+ 33
|
24.34 USD |
|
1 year ago
May 23, 2023
|
Bought 2.7 K USD
|
Porto Carl M
Director |
+ 111
|
24.34 USD |
|
1 year ago
May 11, 2023
|
Bought 54.7 K USD
|
Gruseke Christopher R
President & CEO |
+ 2500
|
21.88 USD |
|
1 year ago
May 11, 2023
|
Bought 54.6 K USD
|
Gruseke Christopher R
President & CEO |
+ 2500
|
21.84 USD |
|
1 year ago
May 01, 2023
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 214
|
23.27 USD |
|
1 year ago
May 01, 2023
|
Bought 4.1 K USD
|
Garnett James M Jr
Director |
+ 176
|
23.27 USD |
|
1 year ago
May 02, 2023
|
Bought 4.53 K USD
|
Porto Carl M
Director |
+ 197
|
22.97 USD |
|
1 year ago
May 02, 2023
|
Bought 6.96 K USD
|
Dale Eric J
Director |
+ 303
|
22.97 USD |
|
1 year ago
Mar 21, 2023
|
Bought 265 K USD
|
Garnett James M Jr
Director |
+ 10000
|
26.5 USD |
|
1 year ago
Mar 15, 2023
|
Bought 5.03 K USD
|
Garnett James M Jr
Director |
+ 200
|
25.17 USD |
|
1 year ago
Mar 14, 2023
|
Bought 4.29 K USD
|
Drexler Blake S
Director |
+ 157
|
27.34 USD |
|
1 year ago
Mar 14, 2023
|
Bought 6.81 K USD
|
Porto Carl M
Director |
+ 249
|
27.36 USD |
|
1 year ago
Mar 14, 2023
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 180
|
27.67 USD |
|
1 year ago
Mar 14, 2023
|
Bought 11.3 K USD
|
Dale Eric J
Director |
+ 413
|
27.38 USD |
|
1 year ago
Mar 14, 2023
|
Bought 243 K USD
|
Garnett James M Jr
Director |
+ 9157
|
26.5 USD |
|
1 year ago
Mar 13, 2023
|
Bought 21.3 K USD
|
Garnett James M Jr
Director |
+ 843
|
25.21 USD |
|
1 year ago
Mar 14, 2023
|
Bought 818 USD
|
Garnett James M Jr
Director |
+ 30
|
27.25 USD |
|
1 year ago
Mar 14, 2023
|
Bought 4.12 K USD
|
Garnett James M Jr
Director |
+ 149
|
27.67 USD |
|
1 year ago
Mar 10, 2023
|
Bought 270 K USD
|
Garnett James M Jr
Director |
+ 10000
|
27 USD |
|
1 year ago
Mar 10, 2023
|
Bought 545 K USD
|
Garnett James M Jr
Director |
+ 19639
|
27.75 USD |
|
1 year ago
Mar 09, 2023
|
Bought 10 K USD
|
Garnett James M Jr
Director |
+ 361
|
27.75 USD |
|
1 year ago
Mar 06, 2023
|
Bought 197 K USD
|
Garnett James M Jr
Director |
+ 6552
|
30 USD |
|
1 year ago
Mar 02, 2023
|
Bought 6.3 K USD
|
Garnett James M Jr
Director |
+ 210
|
30 USD |
|
1 year ago
Mar 01, 2023
|
Bought 97.1 K USD
|
Garnett James M Jr
Director |
+ 3238
|
30 USD |
|
1 year ago
Feb 23, 2023
|
Bought 7 K USD
|
Dale Eric J
Director |
+ 229
|
30.56 USD |
|
1 year ago
Feb 23, 2023
|
Bought 4.1 K USD
|
Garnett James M Jr
Director |
+ 135
|
30.35 USD |
|
1 year ago
Feb 23, 2023
|
Bought 4.61 K USD
|
Porto Carl M
Director |
+ 151
|
30.56 USD |
|
1 year ago
Feb 23, 2023
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 164
|
30.35 USD |
|
1 year ago
Feb 03, 2023
|
Bought 6.96 K USD
|
Dale Eric J
Director |
+ 226
|
30.78 USD |
|
1 year ago
Feb 03, 2023
|
Bought 4.59 K USD
|
Porto Carl M
Director |
+ 149
|
30.78 USD |
|
1 year ago
Feb 03, 2023
|
Bought 4.14 K USD
|
Garnett James M Jr
Director |
+ 134
|
30.86 USD |
|
1 year ago
Feb 03, 2023
|
Bought 4.97 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 161
|
30.86 USD |
|
1 year ago
Dec 12, 2022
|
Bought 13.3 K USD
|
Garnett James M Jr
Director |
+ 460
|
29 USD |
|
1 year ago
Dec 09, 2022
|
Bought 27.9 K USD
|
Garnett James M Jr
Director |
+ 962
|
29 USD |
|
1 year ago
Dec 08, 2022
|
Bought 6.35 K USD
|
Garnett James M Jr
Director |
+ 219
|
29 USD |
|
1 year ago
Dec 07, 2022
|
Bought 44.6 K USD
|
Garnett James M Jr
Director |
+ 1540
|
28.97 USD |
|
1 year ago
Dec 05, 2022
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 171
|
29.18 USD |
|
1 year ago
Dec 05, 2022
|
Bought 6.45 K USD
|
Dale Eric J
Director |
+ 214
|
30.13 USD |
|
1 year ago
Dec 06, 2022
|
Bought 60.4 K USD
|
Garnett James M Jr
Director |
+ 2084
|
29 USD |
|
1 year ago
Dec 05, 2022
|
Bought 4.06 K USD
|
Garnett James M Jr
Director |
+ 139
|
29.18 USD |
|
1 year ago
Dec 05, 2022
|
Bought 814 USD
|
Drexler Blake S
Director |
+ 27
|
30.13 USD |
|
1 year ago
Dec 05, 2022
|
Bought 4.19 K USD
|
Porto Carl M
Director |
+ 139
|
30.13 USD |
|
1 year ago
Dec 02, 2022
|
Sell 37.6 K USD
|
Waitz Laura
EVP & Chief Operating Officer |
- 1253
|
30.02 USD |
|
1 year ago
Nov 23, 2022
|
Bought 4.67 K USD
|
Drexler Blake S
Director |
+ 149
|
31.31 USD |
|
1 year ago
Nov 23, 2022
|
Bought 877 USD
|
Garnett James M Jr
Director |
+ 28
|
31.31 USD |
|
1 year ago
Nov 23, 2022
|
Bought 5.13 K USD
|
Dale Eric J
Director |
+ 164
|
31.31 USD |
|
1 year ago
Nov 23, 2022
|
Bought 2.69 K USD
|
Porto Carl M
Director |
+ 86
|
31.31 USD |
|
2 years ago
Nov 18, 2022
|
Bought 4.07 K USD
|
Garnett James M Jr
Director |
+ 130
|
31.3 USD |
|
2 years ago
Nov 18, 2022
|
Bought 4.69 K USD
|
Porto Carl M
Director |
+ 150
|
31.26 USD |
|
2 years ago
Nov 18, 2022
|
Bought 5.01 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 160
|
31.3 USD |
|
2 years ago
Nov 18, 2022
|
Bought 7.03 K USD
|
Dale Eric J
Director |
+ 225
|
31.26 USD |
|
2 years ago
Oct 27, 2022
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 165
|
30.21 USD |
|
2 years ago
Oct 27, 2022
|
Bought 4.05 K USD
|
Garnett James M Jr
Director |
+ 134
|
30.21 USD |
|
2 years ago
Oct 27, 2022
|
Bought 6.76 K USD
|
Dale Eric J
Director |
+ 225
|
30.05 USD |
|
2 years ago
Oct 27, 2022
|
Bought 4.51 K USD
|
Porto Carl M
Director |
+ 150
|
30.08 USD |
|
2 years ago
Sep 21, 2022
|
Sell 7.19 K USD
|
Lampert Todd
Director |
- 230
|
31.25 USD |
|
2 years ago
Sep 22, 2022
|
Sell 30.2 K USD
|
Lampert Todd
Director |
- 1000
|
30.15 USD |
|
2 years ago
Sep 23, 2022
|
Sell 22.7 K USD
|
Lampert Todd
Director |
- 770
|
29.51 USD |
|
2 years ago
Sep 21, 2022
|
Bought 4.96 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 159
|
31.19 USD |
|
2 years ago
Sep 21, 2022
|
Bought 4.09 K USD
|
Garnett James M Jr
Director |
+ 131
|
31.19 USD |
|
2 years ago
Sep 21, 2022
|
Bought 6.46 K USD
|
Dale Eric J
Director |
+ 206
|
31.36 USD |
|
2 years ago
Aug 29, 2022
|
Bought 75.6 K USD
|
Demos Darryl
director: |
+ 2350
|
32.15 USD |
|
2 years ago
Aug 25, 2022
|
Bought 4.57 K USD
|
Drexler Blake S
director: |
+ 140
|
32.66 USD |
|
2 years ago
Aug 25, 2022
|
Bought 718 USD
|
Garnett James M Jr
director: |
+ 22
|
32.65 USD |
|
2 years ago
Aug 25, 2022
|
Bought 2.68 K USD
|
Porto Carl M
director: |
+ 82
|
32.66 USD |
|
2 years ago
Aug 25, 2022
|
Bought 5.13 K USD
|
Dale Eric J
director: |
+ 157
|
32.66 USD |
|
2 years ago
Aug 23, 2022
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 153
|
32.61 USD |
|
2 years ago
Aug 23, 2022
|
Bought 4.04 K USD
|
Garnett James M Jr
director: |
+ 124
|
32.61 USD |
|
2 years ago
Aug 23, 2022
|
Bought 4.58 K USD
|
Porto Carl M
director: |
+ 140
|
32.69 USD |
|
2 years ago
Aug 23, 2022
|
Bought 6.83 K USD
|
Dale Eric J
director: |
+ 209
|
32.69 USD |
|
2 years ago
Aug 01, 2022
|
Sell 49 K USD
|
Waitz Laura
EVP & Chief Operating Officer |
- 1500
|
32.69 USD |
|
2 years ago
Jul 19, 2022
|
Bought 4.61 K USD
|
Porto Carl M
director: |
+ 143
|
32.26 USD |
|
2 years ago
Jul 19, 2022
|
Bought 4.06 K USD
|
Garnett James M Jr
director: |
+ 126
|
32.26 USD |
|
2 years ago
Jul 19, 2022
|
Bought 5 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 155
|
32.26 USD |
|
2 years ago
Jul 19, 2022
|
Bought 6.87 K USD
|
Dale Eric J
director: |
+ 213
|
32.26 USD |
|
2 years ago
Jun 29, 2022
|
Bought 4.28 K USD
|
Porto Carl M
director: |
+ 138
|
31.03 USD |
|
2 years ago
Jun 29, 2022
|
Bought 4.97 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 161
|
30.86 USD |
|
2 years ago
Jun 29, 2022
|
Bought 6.46 K USD
|
Dale Eric J
director: |
+ 208
|
31.04 USD |
|
2 years ago
Jun 29, 2022
|
Bought 4.07 K USD
|
Garnett James M Jr
director: |
+ 132
|
30.86 USD |
|
2 years ago
Jun 24, 2022
|
Bought 6.15 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 200
|
30.75 USD |
|
2 years ago
Jun 24, 2022
|
Bought 305 K USD
|
Garnett James M Jr
director: |
+ 10000
|
30.5 USD |
|
2 years ago
Jun 23, 2022
|
Bought 633 USD
|
Castiglioni Richard
director: |
+ 21
|
30.15 USD |
|
2 years ago
May 26, 2022
|
Bought 50.1 K USD
|
Demos Darryl
director: |
+ 1450
|
34.55 USD |
|
2 years ago
May 24, 2022
|
Bought 4.1 K USD
|
Garnett James M Jr
director: |
+ 122
|
33.57 USD |
|
2 years ago
May 24, 2022
|
Bought 5 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 149
|
33.57 USD |
|
2 years ago
May 23, 2022
|
Bought 3.89 K USD
|
Jones Daniel S
director: |
+ 115
|
33.84 USD |
|
2 years ago
May 23, 2022
|
Bought 5.13 K USD
|
Jones Daniel S
Director |
+ 152
|
33.72 USD |
|
2 years ago
May 23, 2022
|
Bought 4.33 K USD
|
Porto Carl M
director: |
+ 128
|
33.84 USD |
|
2 years ago
May 23, 2022
|
Bought 575 USD
|
Drexler Blake S
director: |
+ 17
|
33.84 USD |
|
2 years ago
May 23, 2022
|
Bought 6.67 K USD
|
Dale Eric J
director: |
+ 197
|
33.84 USD |
|
2 years ago
May 23, 2022
|
Bought 5.5 K USD
|
Dale Eric J
Director |
+ 163
|
33.72 USD |
|
2 years ago
May 24, 2022
|
Bought 102 USD
|
Garnett James M Jr
Director |
+ 3
|
33.84 USD |
|
2 years ago
May 23, 2022
|
Bought 674 USD
|
Garnett James M Jr
director: |
+ 20
|
33.72 USD |
|
2 years ago
Apr 28, 2022
|
Bought 4.07 K USD
|
Garnett James M Jr
director: |
+ 121
|
33.65 USD |
|
2 years ago
Apr 28, 2022
|
Bought 4.98 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 148
|
33.65 USD |
|
2 years ago
Apr 28, 2022
|
Bought 4.58 K USD
|
Porto Carl M
director: |
+ 136
|
33.7 USD |
|
2 years ago
Apr 28, 2022
|
Bought 6.81 K USD
|
Dale Eric J
director: |
+ 202
|
33.7 USD |
|
2 years ago
Apr 28, 2022
|
Bought 3.57 K USD
|
Jones Daniel S
director: |
+ 106
|
33.7 USD |
|
2 years ago
Mar 17, 2022
|
Bought 5.2 K USD
|
Dale Eric J
director: |
+ 152
|
34.18 USD |
|
2 years ago
Mar 17, 2022
|
Bought 4.96 K USD
|
SEIDMAN LAWRENCE B
director: |
+ 145
|
34.23 USD |
|
2 years ago
Mar 17, 2022
|
Bought 2.26 K USD
|
Jones Daniel S
director: |
+ 66
|
34.18 USD |
|
2 years ago
Mar 17, 2022
|
Bought 4.04 K USD
|
Garnett James M Jr
director: |
+ 118
|
34.23 USD |
|
2 years ago
Mar 17, 2022
|
Bought 3.69 K USD
|
Porto Carl M
director: |
+ 108
|
34.18 USD |
|
2 years ago
Feb 25, 2022
|
Bought 4.09 K USD
|
Garnett James M Jr
Director |
+ 117
|
34.93 USD |
|
2 years ago
Feb 25, 2022
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 143
|
34.93 USD |
|
2 years ago
Feb 25, 2022
|
Bought 4.99 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 143
|
34.93 USD |
|
2 years ago
Feb 24, 2022
|
Bought 5.99 K USD
|
Drexler Blake S
Director |
+ 175
|
34.2 USD |
|
2 years ago
Feb 25, 2022
|
Bought 4.29 K USD
|
Porto Carl M
Director |
+ 123
|
34.85 USD |
|
2 years ago
Feb 24, 2022
|
Bought 2.94 K USD
|
Porto Carl M
Director |
+ 86
|
34.2 USD |
|
2 years ago
Feb 25, 2022
|
Bought 6.62 K USD
|
Dale Eric J
Director |
+ 190
|
34.85 USD |
|
2 years ago
Feb 24, 2022
|
Bought 5.78 K USD
|
Dale Eric J
Director |
+ 169
|
34.2 USD |
|
2 years ago
Feb 24, 2022
|
Bought 923 USD
|
Garnett James M Jr
Director |
+ 27
|
34.2 USD |
|
2 years ago
Feb 25, 2022
|
Bought 3.94 K USD
|
Jones Daniel S
Director |
+ 113
|
34.85 USD |
|
2 years ago
Feb 24, 2022
|
Bought 5.71 K USD
|
Jones Daniel S
Director |
+ 167
|
34.2 USD |
|
2 years ago
Feb 16, 2022
|
Bought 5 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 144
|
34.75 USD |
|
2 years ago
Feb 16, 2022
|
Bought 4.07 K USD
|
Garnett James M Jr
Director |
+ 117
|
34.75 USD |
|
2 years ago
Feb 16, 2022
|
Bought 6.22 K USD
|
Dale Eric J
Director |
+ 179
|
34.75 USD |
|
2 years ago
Feb 16, 2022
|
Bought 869 USD
|
Drexler Blake S
Director |
+ 25
|
34.75 USD |
|
2 years ago
Feb 16, 2022
|
Bought 4.17 K USD
|
Porto Carl M
Director |
+ 120
|
34.75 USD |
|
2 years ago
Feb 16, 2022
|
Bought 3.51 K USD
|
Jones Daniel S
Director |
+ 101
|
34.75 USD |
|
2 years ago
Jan 31, 2022
|
Bought 3.06 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 90
|
34 USD |
|
2 years ago
Jan 31, 2022
|
Bought 6.8 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 200
|
34 USD |
|
2 years ago
Dec 31, 2021
|
Bought 7.89 K USD
|
Dale Eric J
Director |
+ 241
|
32.74 USD |
|
2 years ago
Dec 31, 2021
|
Bought 131 USD
|
Garnett James M Jr
Director |
+ 4
|
32.7 USD |
|
2 years ago
Jan 03, 2022
|
Bought 3.99 K USD
|
Garnett James M Jr
Director |
+ 122
|
32.73 USD |
|
2 years ago
Dec 31, 2021
|
Bought 6.65 K USD
|
Jones Daniel S
Director |
+ 203
|
32.74 USD |
|
2 years ago
Dec 31, 2021
|
Bought 5.53 K USD
|
Porto Carl M
Director |
+ 169
|
32.74 USD |
|
2 years ago
Dec 31, 2021
|
Bought 11.8 K USD
|
Drexler Blake S
Director |
+ 361
|
32.74 USD |
|
2 years ago
Jan 03, 2022
|
Bought 8.08 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 247
|
32.73 USD |
|
2 years ago
Dec 21, 2021
|
Sell 40.3 K USD
|
Waitz Laura
EVP & Chief Operating Officer |
- 1282
|
31.44 USD |
|
2 years ago
Dec 09, 2021
|
Bought 3.11 K USD
|
Garnett James M Jr
Director |
+ 95
|
32.77 USD |
|
2 years ago
Dec 09, 2021
|
Bought 4.29 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 131
|
32.77 USD |
|
2 years ago
Dec 09, 2021
|
Bought 2.94 K USD
|
Porto Carl M
Director |
+ 87
|
33.82 USD |
|
2 years ago
Dec 09, 2021
|
Bought 3.92 K USD
|
Jones Daniel S
Director |
+ 116
|
33.82 USD |
|
2 years ago
Dec 09, 2021
|
Bought 4.87 K USD
|
Dale Eric J
Director |
+ 144
|
33.82 USD |
|
2 years ago
Dec 09, 2021
|
Bought 8.25 K USD
|
Drexler Blake S
Director |
+ 244
|
33.82 USD |
|
2 years ago
Dec 06, 2021
|
Bought 4.19 K USD
|
Jones Daniel S
Director |
+ 133
|
31.49 USD |
|
2 years ago
Dec 06, 2021
|
Bought 5.38 K USD
|
Drexler Blake S
Director |
+ 171
|
31.49 USD |
|
2 years ago
Dec 06, 2021
|
Bought 2.08 K USD
|
Porto Carl M
Director |
+ 66
|
31.49 USD |
|
2 years ago
Dec 06, 2021
|
Bought 4.19 K USD
|
Dale Eric J
Director |
+ 133
|
31.49 USD |
|
2 years ago
Dec 06, 2021
|
Bought 818 USD
|
Garnett James M Jr
Director |
+ 26
|
31.48 USD |
|
2 years ago
Dec 06, 2021
|
Bought 818 USD
|
Garnett James M Jr
Director |
+ 26
|
31.48 USD |
|
2 years ago
Nov 29, 2021
|
Bought 62.3 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 2010
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 28.8 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 929
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 38.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1230
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 42.8 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1380
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 37.7 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1216
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 6.01 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 194
|
31 USD |
|
2 years ago
Nov 29, 2021
|
Bought 7.04 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 227
|
31 USD |
|
2 years ago
Nov 19, 2021
|
Bought 23.2 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 750
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 10.6 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 342
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 14.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 455
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 15.9 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 512
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 13.9 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 450
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 3.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 100
|
30.9969 USD |
|
2 years ago
Nov 19, 2021
|
Bought 3.1 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 100
|
30.9969 USD |
|
3 years ago
Nov 09, 2021
|
Bought 344 K USD
|
McNeill Matt
EVP & Chief Banking Officer |
+ 11070
|
31.12 USD |
|
3 years ago
Nov 02, 2021
|
Bought 5.75 K USD
|
Porto Carl M
Director |
+ 190
|
30.25 USD |
|
3 years ago
Nov 02, 2021
|
Bought 5.6 K USD
|
Garnett James M Jr
Director |
+ 185
|
30.26 USD |
|
3 years ago
Nov 02, 2021
|
Bought 3.84 K USD
|
Jones Daniel S
Director |
+ 127
|
30.25 USD |
|
3 years ago
Nov 02, 2021
|
Bought 8.38 K USD
|
Dale Eric J
Director |
+ 277
|
30.25 USD |
|
3 years ago
Nov 02, 2021
|
Bought 5.33 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 176
|
30.26 USD |
|
3 years ago
Nov 02, 2021
|
Bought 12 K USD
|
Drexler Blake S
Director |
+ 396
|
30.25 USD |
|
3 years ago
Nov 03, 2021
|
Bought 1.53 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 50
|
30.62 USD |
|
3 years ago
Nov 03, 2021
|
Bought 3.06 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 100
|
30.62 USD |
|
3 years ago
Sep 30, 2021
|
Bought 5.28 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 179
|
29.49 USD |
|
3 years ago
Sep 30, 2021
|
Bought 5.28 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 179
|
29.49 USD |
|
3 years ago
Sep 30, 2021
|
Bought 3.98 K USD
|
Garnett James M Jr
Director |
+ 135
|
29.49 USD |
|
3 years ago
Oct 01, 2021
|
Bought 4.28 K USD
|
Porto Carl M
Director |
+ 145
|
29.49 USD |
|
3 years ago
Oct 01, 2021
|
Bought 4.63 K USD
|
Jones Daniel S
Director |
+ 157
|
29.49 USD |
|
3 years ago
Oct 01, 2021
|
Bought 6.84 K USD
|
Dale Eric J
Director |
+ 232
|
29.5 USD |
|
3 years ago
Oct 01, 2021
|
Bought 10.8 K USD
|
Drexler Blake S
Director |
+ 366
|
29.5 USD |
|
3 years ago
Sep 09, 2021
|
Bought 5.93 K USD
|
Dale Eric J
Director |
+ 203
|
29.2 USD |
|
3 years ago
Sep 09, 2021
|
Bought 4.5 K USD
|
Jones Daniel S
Director |
+ 154
|
29.2 USD |
|
3 years ago
Sep 09, 2021
|
Bought 9.23 K USD
|
Drexler Blake S
Director |
+ 316
|
29.2 USD |
|
3 years ago
Sep 09, 2021
|
Bought 3.77 K USD
|
Porto Carl M
Director |
+ 129
|
29.2 USD |
|
3 years ago
Sep 08, 2021
|
Bought 4.31 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 145
|
29.69 USD |
|
3 years ago
Sep 08, 2021
|
Bought 3.12 K USD
|
Garnett James M Jr
Director |
+ 105
|
29.69 USD |
|
3 years ago
Aug 27, 2021
|
Bought 1.89 K USD
|
Porto Carl M
Director |
+ 62
|
30.54 USD |
|
3 years ago
Aug 27, 2021
|
Bought 4.09 K USD
|
Jones Daniel S
Director |
+ 134
|
30.54 USD |
|
3 years ago
Aug 27, 2021
|
Bought 5.04 K USD
|
Drexler Blake S
Director |
+ 165
|
30.54 USD |
|
3 years ago
Aug 27, 2021
|
Bought 3.91 K USD
|
Dale Eric J
Director |
+ 128
|
30.54 USD |
|
3 years ago
Aug 27, 2021
|
Bought 733 USD
|
Garnett James M Jr
Director |
+ 24
|
30.54 USD |
|
3 years ago
Jul 30, 2021
|
Bought 5.1 K USD
|
Garnett James M Jr
Director |
+ 176
|
28.99 USD |
|
3 years ago
Jul 30, 2021
|
Bought 5.31 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 183
|
28.99 USD |
|
3 years ago
Aug 02, 2021
|
Bought 5.24 K USD
|
Jones Daniel S
Director |
+ 179
|
29.27 USD |
|
3 years ago
Aug 02, 2021
|
Bought 5.27 K USD
|
Porto Carl M
Director |
+ 180
|
29.27 USD |
|
3 years ago
Aug 02, 2021
|
Bought 11.5 K USD
|
Drexler Blake S
Director |
+ 393
|
29.27 USD |
|
3 years ago
Aug 02, 2021
|
Bought 7.84 K USD
|
Dale Eric J
Director |
+ 268
|
29.27 USD |
|
3 years ago
Jul 02, 2021
|
Bought 3.69 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 133
|
27.71 USD |
|
3 years ago
Jul 02, 2021
|
Bought 2.49 K USD
|
Garnett James M Jr
Director |
+ 90
|
27.71 USD |
|
3 years ago
Jun 30, 2021
|
Bought 5.46 K USD
|
Dale Eric J
Director |
+ 197
|
27.7 USD |
|
3 years ago
Jun 30, 2021
|
Bought 3.4 K USD
|
Porto Carl M
Director |
+ 123
|
27.66 USD |
|
3 years ago
Jun 30, 2021
|
Bought 9.4 K USD
|
Drexler Blake S
Director |
+ 339
|
27.73 USD |
|
3 years ago
Jun 30, 2021
|
Bought 3.79 K USD
|
Jones Daniel S
Director |
+ 137
|
27.67 USD |
|
3 years ago
Jun 01, 2021
|
Bought 6.43 K USD
|
Dale Eric J
Director |
+ 222
|
28.97 USD |
|
3 years ago
Jun 01, 2021
|
Bought 5.39 K USD
|
Jones Daniel S
Director |
+ 186
|
28.96 USD |
|
3 years ago
Jun 01, 2021
|
Bought 5.33 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 184
|
28.95 USD |
|
3 years ago
Jun 01, 2021
|
Bought 4.69 K USD
|
Porto Carl M
Director |
+ 162
|
28.96 USD |
|
3 years ago
Jun 01, 2021
|
Bought 10.2 K USD
|
Drexler Blake S
Director |
+ 353
|
28.96 USD |
|
3 years ago
Jun 01, 2021
|
Bought 116 USD
|
Garnett James M Jr
Director |
+ 4
|
28.98 USD |
|
3 years ago
Jun 01, 2021
|
Bought 4.11 K USD
|
Garnett James M Jr
Director |
+ 142
|
28.95 USD |
|
3 years ago
May 24, 2021
|
Bought 481 USD
|
Garnett James M Jr
Director |
+ 17
|
28.31 USD |
|
3 years ago
May 24, 2021
|
Bought 1.47 K USD
|
Porto Carl M
Director |
+ 52
|
28.24 USD |
|
3 years ago
May 24, 2021
|
Bought 3.82 K USD
|
Drexler Blake S
Director |
+ 132
|
28.95 USD |
|
3 years ago
May 24, 2021
|
Bought 2.98 K USD
|
Jones Daniel S
Director |
+ 102
|
29.18 USD |
|
3 years ago
May 24, 2021
|
Bought 2.98 K USD
|
Dale Eric J
Director |
+ 102
|
29.19 USD |
|
3 years ago
May 10, 2021
|
Bought 5.28 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 178
|
29.66 USD |
|
3 years ago
May 10, 2021
|
Bought 5.28 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 178
|
29.66 USD |
|
3 years ago
May 10, 2021
|
Bought 5.73 K USD
|
Porto Carl M
Director |
+ 192
|
29.83 USD |
|
3 years ago
May 10, 2021
|
Bought 11.4 K USD
|
Drexler Blake S
Director |
+ 384
|
29.75 USD |
|
3 years ago
May 10, 2021
|
Bought 3.85 K USD
|
Jones Daniel S
Director |
+ 129
|
29.85 USD |
|
3 years ago
May 10, 2021
|
Bought 5.1 K USD
|
Garnett James M Jr
Director |
+ 172
|
29.66 USD |
|
3 years ago
May 10, 2021
|
Bought 7.8 K USD
|
Dale Eric J
Director |
+ 262
|
29.79 USD |
|
3 years ago
Apr 13, 2021
|
Bought 27.4 USD
|
Garnett James M Jr
Director |
+ 1
|
27.45 USD |
|
3 years ago
Apr 12, 2021
|
Bought 4.08 K USD
|
Garnett James M Jr
Director |
+ 149
|
27.41 USD |
|
3 years ago
Apr 12, 2021
|
Bought 4.11 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 150
|
27.41 USD |
|
3 years ago
Apr 13, 2021
|
Bought 10.7 K USD
|
Drexler Blake S
Director |
+ 389
|
27.45 USD |
|
3 years ago
Apr 13, 2021
|
Bought 5.3 K USD
|
Jones Daniel S
Director |
+ 193
|
27.45 USD |
|
3 years ago
Apr 13, 2021
|
Bought 4.39 K USD
|
Porto Carl M
Director |
+ 160
|
27.45 USD |
|
3 years ago
Apr 13, 2021
|
Bought 5.93 K USD
|
Dale Eric J
Director |
+ 216
|
27.45 USD |
|
3 years ago
Mar 29, 2021
|
Bought 2.49 K USD
|
Garnett James M Jr
Director |
+ 94
|
26.5 USD |
|
3 years ago
Mar 29, 2021
|
Bought 3.68 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 139
|
26.5 USD |
|
3 years ago
Mar 18, 2021
|
Sell 161 K USD
|
Lampert Todd
Director |
- 5955
|
27.1 USD |
|
3 years ago
Mar 15, 2021
|
Bought 8.59 K USD
|
Drexler Blake S
Director |
+ 304
|
28.26 USD |
|
3 years ago
Mar 15, 2021
|
Bought 3.7 K USD
|
Jones Daniel S
Director |
+ 131
|
28.26 USD |
|
3 years ago
Mar 15, 2021
|
Bought 226 USD
|
Garnett James M Jr
Director |
+ 8
|
28.26 USD |
|
3 years ago
Mar 15, 2021
|
Bought 3.17 K USD
|
Porto Carl M
Director |
+ 112
|
28.26 USD |
|
3 years ago
Mar 15, 2021
|
Bought 5.88 K USD
|
Dale Eric J
Director |
+ 214
|
27.49 USD |
|
3 years ago
Mar 02, 2021
|
Bought 1.87 K USD
|
Drexler Blake S
Director |
+ 74
|
25.26 USD |
|
3 years ago
Mar 02, 2021
|
Bought 2.07 K USD
|
Dale Eric J
Director |
+ 82
|
25.26 USD |
|
3 years ago
Mar 02, 2021
|
Bought 1.19 K USD
|
Porto Carl M
Director |
+ 47
|
25.26 USD |
|
3 years ago
Mar 02, 2021
|
Bought 2.12 K USD
|
Jones Daniel S
Director |
+ 84
|
25.26 USD |
|
3 years ago
Mar 02, 2021
|
Bought 783 USD
|
Garnett James M Jr
Director |
+ 31
|
25.26 USD |
|
3 years ago
Feb 16, 2021
|
Bought 110 K USD
|
Gruseke Christopher R
President & CEO |
+ 5000
|
21.91 USD |
|
3 years ago
Feb 17, 2021
|
Bought 11 K USD
|
Ivanov Penko Krassimir
EVP & Chief Financial Officer |
+ 500
|
21.94 USD |
|
3 years ago
Feb 11, 2021
|
Sell 6.22 K USD
|
Waitz Laura
EVP & Chief of Staff |
- 300
|
20.73 USD |
|
3 years ago
Feb 12, 2021
|
Sell 48.5 K USD
|
Waitz Laura
EVP & Chief of Staff |
- 2364
|
20.52 USD |
|
3 years ago
Feb 10, 2021
|
Bought 5.15 K USD
|
Garnett James M Jr
Director |
+ 246
|
20.93 USD |
|
3 years ago
Feb 10, 2021
|
Bought 502 USD
|
Drexler Blake S
Director |
+ 24
|
20.93 USD |
|
3 years ago
Feb 10, 2021
|
Bought 5.92 K USD
|
Porto Carl M
Director |
+ 283
|
20.93 USD |
|
3 years ago
Feb 10, 2021
|
Bought 6.87 K USD
|
Dale Eric J
Director |
+ 328
|
20.93 USD |
|
3 years ago
Feb 10, 2021
|
Bought 4.81 K USD
|
Jones Daniel S
Director |
+ 230
|
20.93 USD |
|
3 years ago
Feb 10, 2021
|
Bought 23.3 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 1100
|
21.21 USD |
|
3 years ago
Jan 04, 2021
|
Bought 1.19 K USD
|
Garnett James M Jr
Director |
+ 60
|
19.83 USD |
|
3 years ago
Jan 04, 2021
|
Bought 952 USD
|
Jones Daniel S
Director |
+ 48
|
19.83 USD |
|
3 years ago
Jan 04, 2021
|
Bought 1.03 K USD
|
Dale Eric J
Director |
+ 52
|
19.83 USD |
|
3 years ago
Dec 24, 2020
|
Bought 8.17 K USD
|
Dale Eric J
Director |
+ 440
|
18.57 USD |
|
3 years ago
Dec 24, 2020
|
Bought 8.17 K USD
|
Dale Eric J
Director |
+ 440
|
18.57 USD |
|
3 years ago
Dec 24, 2020
|
Bought 6.52 K USD
|
Porto Carl M
Director |
+ 351
|
18.57 USD |
|
3 years ago
Dec 24, 2020
|
Bought 6.5 K USD
|
Jones Daniel S
Director |
+ 350
|
18.57 USD |
|
3 years ago
Dec 24, 2020
|
Bought 5.74 K USD
|
Garnett James M Jr
Director |
+ 309
|
18.57 USD |
|
3 years ago
Dec 04, 2020
|
Bought 5.54 K USD
|
Dale Eric J
Director |
+ 282
|
19.66 USD |
|
3 years ago
Dec 04, 2020
|
Bought 3.73 K USD
|
Porto Carl M
Director |
+ 190
|
19.61 USD |
|
3 years ago
Dec 04, 2020
|
Bought 4.58 K USD
|
Jones Daniel S
Director |
+ 233
|
19.64 USD |
|
3 years ago
Dec 04, 2020
|
Bought 3.33 K USD
|
Garnett James M Jr
Director |
+ 170
|
19.6 USD |
|
3 years ago
Nov 24, 2020
|
Bought 3.11 K USD
|
Drexler Blake S
Director |
+ 164
|
18.95 USD |
|
3 years ago
Nov 24, 2020
|
Bought 909 USD
|
Garnett James M Jr
Director |
+ 48
|
18.93 USD |
|
3 years ago
Nov 24, 2020
|
Bought 3.2 K USD
|
Jones Daniel S
Director |
+ 169
|
18.95 USD |
|
3 years ago
Nov 24, 2020
|
Bought 3.11 K USD
|
Dale Eric J
Director |
+ 164
|
18.95 USD |
|
3 years ago
Nov 24, 2020
|
Bought 1.55 K USD
|
Porto Carl M
Director |
+ 82
|
18.94 USD |
|
4 years ago
Oct 30, 2020
|
Bought 4.47 K USD
|
Garnett James M Jr
Director |
+ 272
|
16.43 USD |
|
4 years ago
Oct 30, 2020
|
Bought 4.47 K USD
|
Garnett James M Jr
Director |
+ 272
|
16.43 USD |
|
4 years ago
Oct 30, 2020
|
Bought 7.8 K USD
|
Dale Eric J
Director |
+ 474
|
16.46 USD |
|
4 years ago
Oct 30, 2020
|
Bought 5.68 K USD
|
Porto Carl M
Director |
+ 346
|
16.42 USD |
|
4 years ago
Oct 30, 2020
|
Bought 4.75 K USD
|
Jones Daniel S
Director |
+ 290
|
16.39 USD |
|
4 years ago
Oct 05, 2020
|
Bought 5.18 K USD
|
Jones Daniel S
Director |
+ 339
|
15.29 USD |
|
4 years ago
Oct 05, 2020
|
Bought 4.3 K USD
|
Porto Carl M
Director |
+ 281
|
15.29 USD |
|
4 years ago
Oct 05, 2020
|
Bought 4.01 K USD
|
Garnett James M Jr
Director |
+ 262
|
15.29 USD |
|
4 years ago
Oct 05, 2020
|
Bought 6.39 K USD
|
Dale Eric J
Director |
+ 418
|
15.29 USD |
|
4 years ago
Sep 04, 2020
|
Bought 4.03 K USD
|
SEIDMAN LAWRENCE B
Director |
+ 260
|
15.5 USD |
|
4 years ago
Sep 03, 2020
|
Bought 465 USD
|
Drexler Blake S
Director |
+ 31
|
15 USD |
|
4 years ago
Sep 03, 2020
|
Bought 6.4 K USD
|
Dale Eric J
Director |
+ 427
|
15 USD |
|
4 years ago
Sep 03, 2020
|
Bought 6.4 K USD
|
Dale Eric J
Director |
+ 427
|
15 USD |
7. News
Bankwell Financial Group, Inc. (BWFG) Q3 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Courtney Sacchetti - CFO Chris Gruseke - President & CEO Matt McNeill - Chief Banking Officer Ryan Hildebrand - Chief Innovation Officer Conference Call Participants Christopher O'Connell - KBW Operator Good morning. My name is Audra and I will be your conference operator today.
seekingalpha.com
- 2 weeks ago
Bankwell Financial Group Reports Operating Results for the Third Quarter, Declares Fourth Quarter Dividend, and Announces Share Repurchase Plan
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), a leading commercial bank with a growing digital focus, reported GAAP net income of $1.9 million, or $0.24 per share for the third quarter of 2024, versus $1.1 million, or $0.14 per share, for the second quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 22, 2024 to shareholders of record on November 11, 2024. Third quarter of 2024 results include an $8.2.
businesswire.com
- 2 weeks ago
Bankwell Financial Group, Inc. Announces Date of Third Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2024, on Monday, October 28, 2024, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Tuesday, October 29, 2024, to review the Company's financial performance and operating results. The audio webcast link, along with the c.
businesswire.com
- 1 month ago
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash divide.
businesswire.com
- 6 months ago
Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2023; Declares First Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $1.04 per share, for the same period in 2022. For the year ended 2023, net income totaled $36.7 million, or $4.67 per share, versus $37.4 million, or $4.79 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 23, 2024 to.
businesswire.com
- 9 months ago
Bankwell Financial Group Reports Operating Results for the Third Quarter and Declares Fourth Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $9.8 million, or $1.25 per share for the third quarter of 2023, versus $9.2 million, or $1.18 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 20, 2023 to shareholders of record on November 10, 2023. We recommend reading this earnings release in conjunction with the Third Quarter 2023 Investor Presentatio.
businesswire.com
- 1 year ago
KBRA Releases Surveillance Report for Bankwell Financial Group, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 2, 2023, KBRA downgraded the ratings for Bankwell Financial Group, Inc. (NASDAQ: BWFG) ("Bankwell" or "the company"), including the senior unsecured debt rating to BBB- from BBB and the subordinated debt rating to BB+ from BBB-, while affirming the short-term debt rating of K3. KBRA also downgraded the ratings for the company's subsidiary, Bankwell Bank ("the bank"), including the deposit and senior unsecured debt ratings to BBB from BBB+, the subordinated d.
businesswire.com
- 1 year ago
SEIDMAN LAWRENCE B Acquires Additional Shares in Bankwell Financial Group Inc
Renowned investor SEIDMAN LAWRENCE B (Trades, Portfolio) recently increased his stake in Bankwell Financial Group Inc ( BWFG , Financial), according to a 13DG filing. This article provides an in-depth analysis of the transaction, the guru's profile, and the company's performance metrics.
gurufocus.com
- 1 year ago
Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.0 million, or $1.02 per share for the second quarter of 2023, versus $12.0 million, or $1.55 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 24, 2023 to shareholders of record on August 14, 2023. We recommend reading this earnings release in conjunction with the Second Quarter 2023 Investor Presentation.
businesswire.com
- 1 year ago
Bankwell Hires Chief Innovation Officer
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), parent company of Bankwell Bank, today announced that Ryan J. Hildebrand has been appointed Executive Vice President in the newly created role of Chief Innovation Officer at Bankwell. Mr. Hildebrand will join Bankwell's Executive Team and report to Christopher R. Gruseke, President and CEO of Bankwell. Mr. Hildebrand will oversee growth strategies through innovation and technology. Mr. Hildebrand recently served.
businesswire.com
- 1 year ago
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $10.4 million, or $1.33 per share for the first quarter of 2023, versus $8.2 million, or $1.04 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable May 23, 2023 to shareholders of record on May 12, 2023. We recommend reading this earnings release in conjunction with the First Quarter 2023 Investor Presentation, located at http://investor.mybankwell.com/Presentations and included as an exhibit to our April 26, 2023 Current Report on Form 8-K. Notes Bankwell Financial Group President and CEO, Christopher R. Gruseke: "Bankwell delivered excellent results this quarter. Against the backdrop of a turbulent banking environment, we have maintained strong capital and liquidity levels. Our disciplined risk management practices have maintained outstanding credit quality and have protected the Bank's capital against rising interest rates. We have previously acknowledged and planned for the current environment of increased pressure on deposit costs, and can reiterate prior guidance for a year over year decline in Net Interest Income of approximately 10% for fiscal year 2023." First Quarter 2023 Highlights: Total gross loans were $2.8 billion, growing $83.8 million, or 3.1%, compared to December 31, 2022. Deposits of $2.8 billion for the quarter ended March 31, 2023, unchanged from December 31, 2022. FDIC-insured deposits totaled $2.0 billion and represent 70.3% of total deposits as of March 31, 2023. As of March 31, 2023, the Bank has $1.5 billion immediately available liquidity, comprised of cash, AFS securities and borrowing capacity with the FHLB of Boston and FRB. Immediately available liquidity provides 200% coverage of uninsured deposits. Average yield on 2023 funded loans was 7.53% for the quarter ended March 31, 2023. Return on average assets was 1.30% for the quarter ended March 31, 2023. Return on average shareholders' equity was 17.48% for the quarter ended March 31, 2023. The net interest margin was 3.24% for the quarter ended March 31, 2023. The efficiency ratio was 46.9% for the quarter ended March 31, 2023. Investment securities totaled $121.1 million and represent 3.7% of total assets, with HTM securities totaling $15.9 million, or 0.5% of total assets. CECL adopted on January 1, 2023, resulting in a $5.1 million increase to the ACL-Loans and a $1.3 million adjustment to the ACL-Unfunded Commitments. Earnings and Performance Revenues (net interest income plus noninterest income) for the quarter ended March 31, 2023 were $27.1 million, versus $20.5 million for the quarter ended March 31, 2022. The increase in revenues was primarily attributable to an increase in interest and fees on loans due to loan growth and higher overall loan yields1 for the quarter ended March 31, 2023 and an increase in noninterest income mainly driven by additional SBA loan sales. The increase in revenues was partially offset by an increase in interest expense. 1 - The increase in overall loan yields was 138 bps for the quarter ended March 31, 2023 Net income for the quarter ended March 31, 2023 was $10.4 million, versus $8.2 million for the quarter ended March 31, 2022. The increase in net income was a direct result of the aforementioned increases in revenues. In addition, the increase in net income was partially offset by an increase in the provision for credit losses and an increase in noninterest expense for the quarter ended March 31, 2023. Basic and diluted earnings per share were $1.34 and $1.33, respectively, for the quarter ended March 31, 2023 compared to basic and diluted earnings per share of $1.05 and $1.04, respectively, for the quarter ended March 31, 2022. The net interest margin (fully taxable equivalent basis) for the quarters ended March 31, 2023 and March 31, 2022 was 3.24% and 3.30%, respectively. The decrease in the net interest margin was due to an increase in funding costs partially offset by an increase in overall loan yields. Allowance for Credit Losses Provision for credit losses was $826 thousand for the quarter ended March 31, 2023, bringing the ACL-Loans as a percentage of total loans to 1.01%. Provision for credit losses was $4.3 million for the quarter ended December 31, 2022. The decrease in the provision for credit losses is attributable to lower loan growth. On January 1, 2023, the Company adopted ASC 326 Financial Instruments - Credit Losses ("CECL"). Upon adoption of CECL, the Company recorded a one-time cumulative effect, pre-tax adjustment $5.1 million to the ACL-Loans and a corresponding net of tax adjustment to beginning retained earnings. The Company also recorded a one-time cumulative effect, pre-tax adjustment of $1.3 million to the ACL-Unfunded Commitments (which is reflected in Accrued expenses and other liabilities on the Consolidated Balance Sheets) and a corresponding net of tax adjustment to beginning retained earnings. Financial Condition Assets totaled $3.25 billion at March 31, 2023 and remained flat compared to December 31, 2022. Gross loans totaled $2.8 billion at March 31, 2023, an increase of $83.8 million or 3.1% compared to December 31, 2022. Deposits totaled $2.8 billion at March 31, 2023, and remained flat compared to December 31, 2022. Capital Shareholders’ equity totaled $242.3 million as of March 31, 2023, an increase of $3.8 million compared to December 31, 2022, primarily a result of net income of $10.4 million for the quarter ended March 31, 2023. The increase was partially offset by the Day 1 CECL adoption of $4.9 million, dividends paid of $1.6 million, and a $0.9 million unfavorable impact to accumulated other comprehensive income. The unfavorable impact to accumulated other comprehensive income was driven by fair value marks on the Company's Available for sale investment securities portfolio of $6.1 million partially offset by fair value marks related to hedge positions involving interest rate swaps of $5.0 million. The Company's interest rate swaps are used to hedge interest rate risk. About Bankwell Financial Group Bankwell is a commercial bank that serves the banking needs of residents and businesses throughout Fairfield and New Haven Counties, Connecticut. For more information about this press release, interested parties may contact Christopher R. Gruseke, President and Chief Executive Officer or Courtney E. Sacchetti, Executive Vice President and Chief Financial Officer of Bankwell Financial Group at (203) 652-0166. For more information, visit www.mybankwell.com. This press release may contain certain forward-looking statements about the Company. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the banking industry or securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and its subsidiaries are engaged. Non-GAAP Financial Measures In addition to evaluating the Company's financial performance in accordance with U.S. generally accepted accounting principles ("GAAP"), management may evaluate certain non-GAAP financial measures, such as the efficiency ratio. A computation and reconciliation of certain non-GAAP financial measures used for these purposes is contained in the accompanying Reconciliation of GAAP to Non-GAAP Measures tables. We believe that providing certain non-GAAP financial measures provides investors with information useful in understanding our financial performance, our performance trends and financial position. For example, the Company believes that the efficiency ratio is useful in the assessment of financial performance, including noninterest expense control. The Company believes that tangible common equity, tangible assets, tangible common equity to tangible assets, tangible common shareholders' equity, fully diluted tangible book value per common share, adjusted noninterest expense, operating revenue, efficiency ratio, average tangible common equity, annualized return on average tangible common equity, return on average assets, return on average shareholders' equity, and the dividend payout ratio are useful to evaluate the relative strength of the Company's performance and capital position. We utilize these measures for internal planning and forecasting purposes. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures and results, and we strongly encourage investors to review our consolidated financial statements in their entirety and not to rely on any single financial measure. BANKWELL FINANCIAL GROUP, INC. CONSOLIDATED BALANCE SHEETS (unaudited) (Dollars in thousands) March 31, 2023 December 31, 2022 March 31, 2022 ASSETS Cash and due from banks $ 249,812 $ 344,925 $ 280,471 Federal funds sold 27,370 10,754 19,022 Cash and cash equivalents 277,182 355,679 299,493 Investment securities Marketable equity securities, at fair value 2,028 1,988 2,090 Available for sale investment securities, at fair value 103,171 103,663 98,733 Held to maturity investment securities, at amortized cost 15,931 15,983 15,979 Total investment securities 121,130 121,634 116,802 Loans receivable (net of ACL-Loans of $27,998, $22,431, and $17,141 at March 31, 2023, December 31, 2022, and March 31, 2022, respectively) 2,724,514 2,646,384 1,964,567 Accrued interest receivable 14,261 13,070 7,733 Federal Home Loan Bank stock, at cost 5,234 5,216 2,870 Premises and equipment, net 27,619 27,199 25,661 Bank-owned life insurance 50,524 50,243 49,434 Goodwill 2,589 2,589 2,589 Deferred income taxes, net 8,692 7,422 6,879 Other assets 20,573 23,013 20,849 Total assets $ 3,252,318 $ 3,252,449 $ 2,496,877 Deposits Noninterest bearing deposits $ 377,667 $ 404,559 $ 412,985 Interest bearing deposits 2,420,641 2,396,259 1,753,219 Total deposits 2,798,308 2,800,818 2,166,204 Advances from the Federal Home Loan Bank 90,000 90,000 50,000 Subordinated debentures 69,020 68,959 34,471 Accrued expenses and other liabilities 52,683 54,203 35,982 Total liabilities 3,010,011 3,013,980 2,286,657 Shareholders’ equity Common stock, no par value 115,875 115,018 114,882 Retained earnings 127,566 123,640 99,047 Accumulated other comprehensive (loss) income (1,134 ) (189 ) (3,709 ) Total shareholders’ equity 242,307 238,469 210,220 Total liabilities and shareholders’ equity $ 3,252,318 $ 3,252,449 $ 2,496,877 BANKWELL FINANCIAL GROUP, INC. CONSOLIDATED STATEMENTS OF INCOME (unaudited) For the Quarter Ended March 31, 2023 December 31, 2022 March 31, 2022 Interest and dividend income Interest and fees on loans $ 39,723 $ 36,545 $ 21,428 Interest and dividends on securities 1,000 898 720 Interest on cash and cash equivalents 3,568 2,150 154 Total interest and dividend income 44,291 39,593 22,302 Interest expense Interest expense on deposits 17,033 11,083 2,206 Interest expense on borrowings 1,717 1,701 586 Total interest expense 18,750 12,784 2,792 Net interest income 25,541 26,809 19,510 Provision for credit losses 826 4,272 229 Net interest income after provision for credit losses 24,715 22,537 19,281 Noninterest income Bank owned life insurance 281 273 260 Service charges and fees 286 343 240 Gains and fees from sales of loans 931 12 631 Other 28 (100 ) (173 ) Total noninterest income 1,526 528 958 Noninterest expense Salaries and employee benefits 6,081 5,988 4,940 Occupancy and equipment 2,084 1,919 2,150 Professional services 1,322 912 981 Data processing 671 663 654 Director fees 392 378 352 FDIC insurance 1,062 898 223 Marketing 151 112 45 Other 928 1,601 580 Total noninterest expense 12,691 12,471 9,925 Income before income tax expense 13,550 10,594 10,314 Income tax expense 3,171 2,573 2,102 Net income $ 10,379 $ 8,021 $ 8,212 Earnings Per Common Share: Basic $ 1.34 $ 1.04 $ 1.05 Diluted $ 1.33 $ 1.04 $ 1.04 Weighted Average Common Shares Outstanding: Basic 7,554,689 7,507,540 7,637,077 Diluted 7,616,671 7,563,116 7,719,405 Dividends per common share $ 0.20 $ 0.20 $ 0.20 BANKWELL FINANCIAL GROUP, INC. CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited) For the Quarter Ended March 31, 2023 December 31, 2022 March 31, 2022 Performance ratios: Return on average assets 1.30 % 1.07 % 1.35 % Return on average shareholders' equity 17.48 % 13.38 % 16.05 % Return on average tangible common equity 17.67 % 13.52 % 16.25 % Net interest margin 3.24 % 3.70 % 3.30 % Efficiency ratio(1) 46.9 % 45.6 % 48.5 % Net loan charge-offs as a % of average loans 0.02 % — % — % Dividend payout ratio(2) 15.04 % 19.23 % 19.23 % Efficiency ratio is defined as noninterest expense, less other real estate owned expenses and amortization of intangible assets, divided by our operating revenue, which is equal to net interest income plus noninterest income excluding gains and losses on sales of securities and gains and losses on other real estate owned. In our judgment, the adjustments made to operating revenue allow investors and analysts to better assess our operating expenses in relation to our core operating revenue by removing the volatility that is associated with certain one-time items and other discrete items that are unrelated to our core business. The dividend payout ratio is calculated by dividing dividends per share by earnings per share. As of March 31, 2023 December 31, 2022 March 31, 2022 Capital ratios: Total Common Equity Tier 1 Capital to Risk-Weighted Assets(1) 10.17 % 10.28 % 11.20 % Total Capital to Risk-Weighted Assets(1) 11.16 % 11.07 % 12.00 % Tier I Capital to Risk-Weighted Assets(1) 10.17 % 10.28 % 11.20 % Tier I Capital to Average Assets(1) 9.22 % 9.88 % 9.80 % Tangible common equity to tangible assets 7.38 % 7.26 % 8.32 % Fully diluted tangible book value per common share $ 30.56 $ 30.51 $ 26.75 Represents Bank ratios. Current period capital ratios are preliminary subject to finalization of the FDIC Call Report. BANKWELL FINANCIAL GROUP, INC. ASSET QUALITY (unaudited) (Dollars in thousands) For the Quarter Ended March 31, 2023 December 31, 2022 March 31, 2022 ACL-Loans: Balance at beginning of period $ 22,431 $ 18,167 $ 16,902 Day 1 CECL Adjustment on January 1, 2023 5,079 — — Beginning balance January 1, 2023 27,510 18,167 16,902 Charge-offs: Commercial business (440 ) — — Consumer (12 ) (11 ) (4 ) Total charge-offs (452 ) (11 ) (4 ) Recoveries: Commercial real estate — — — Commercial business — — 13 Consumer 6 3 1 Total recoveries 6 3 14 Net loan (charge-offs) recoveries (446 ) (8 ) 10 Provision for credit losses - loans 934 4,272 229 Balance at end of period $ 27,998 $ 22,431 $ 17,141 As of March 31, 2023 December 31, 2022 March 31, 2022 Asset quality: Nonaccrual loans Residential real estate $ 1,443 $ 2,152 $ 2,181 Commercial real estate 1,912 2,781 3,365 Commercial business 1,528 2,126 817 Construction 9,382 9,382 9,382 Total nonaccrual loans 14,265 16,441 15,745 Other real estate owned — — — Total nonperforming assets $ 14,265 $ 16,441 $ 15,745 Nonperforming loans as a % of total loans 0.52 % 0.61 % 0.79 % Nonperforming assets as a % of total assets 0.44 % 0.51 % 0.63 % ACL-loans as a % of total loans 1.01 % 0.84 % 0.86 % ACL-loans as a % of nonperforming loans 196.27 % 136.43 % 108.87 % Total past due loans to total loans 0.94 % 0.60 % 0.85 % Total nonaccrual loans decreased $2.2 million to $14.3 million as of March 31, 2023 when compared to December 31, 2022. Nonperforming assets as a percentage of total assets decreased to 0.44% at March 31, 2023, down from 0.51% at December 31, 2022. The ACL-Loans at March 31, 2023 was $28.0 million, representing 1.01% of total loans. Past due loans increased to $26.1 million, or 0.94% of total loans, as of March 31, 2023, compared to $16.1 million, or 0.60% of total loans, as of December 31, 2022. Of the March 31, 2023 past due loans, $10.0 million of loans were between 31 - 33 days past due and have subsequently become current. As of April 19, 2023, past due loans were $18.6 million or 0.67% of total loans. BANKWELL FINANCIAL GROUP, INC. LOAN & DEPOSIT PORTFOLIO (unaudited) (Dollars in thousands) Period End Loan Composition March 31, 2023 December 31, 2022 % Change Residential Real Estate $ 58,541 $ 60,588 (3.4 ) % Commercial Real Estate(1) 1,960,712 1,921,252 2.1 Construction 177,115 155,198 14.1 Total Real Estate Loans 2,196,368 2,137,038 2.8 Commercial Business 543,457 520,447 4.4 Consumer 19,464 17,963 8.4 Total Loans $ 2,759,289 $ 2,675,448 3.1 % Includes owner occupied commercial real estate. Gross loans totaled $2.8 billion at March 31, 2023, an increase of $83.8 million or 3.1% compared to December 31, 2022. Period End Deposit Composition March 31, 2023 December 31, 2022 % Change Noninterest bearing demand $ 377,667 $ 404,559 (6.6 ) % NOW 89,896 104,057 (13.6 ) Money Market 874,202 913,868 (4.3 ) Savings 117,986 151,944 (22.3 ) Time 1,338,557 1,226,390 9.1 Total Deposits $ 2,798,308 $ 2,800,818 (0.1 )% Total deposits were $2.8 billion at March 31, 2023, a decrease of $2.5 million, or 0.1%, when compared to December 31, 2022. BANKWELL FINANCIAL GROUP, INC. NONINTEREST INCOME (unaudited) (Dollars in thousands) For the Quarter Ended Noninterest income March 31, 2023 December 31, 2022 March 31, 2022 Mar 23 vs. Dec 22 % Change Mar 23 vs. Mar 22 % Change Bank owned life insurance $ 281 $ 273 $ 260 2.9 % 8.1 % Service charges and fees 286 343 240 (16.6 ) 19.2 Gains and fees from sales of loans 931 12 631 (7,658.3 ) 47.5 Other 28 (100 ) (173 ) (128.0 ) 116.2 Total noninterest income $ 1,526 $ 528 $ 958 189.0 % 59.3 % Noninterest income increased by $0.6 million to $1.5 million for the quarter ended March 31, 2023 compared to the quarter ended March 31, 2022. The increase in noninterest income was driven by an increase in SBA loan sales during the first quarter of 2023. BANKWELL FINANCIAL GROUP, INC. NONINTEREST EXPENSE (unaudited) (Dollars in thousands) For the Quarter Ended Noninterest expense March 31, 2023 December 31, 2022 March 31, 2022 Mar 23 vs. Dec 22 % Change Mar 23 vs. Mar 22 % Change Salaries and employee benefits $ 6,081 $ 5,988 $ 4,940 1.6 % 23.1 % Occupancy and equipment 2,084 1,919 2,150 8.6 (3.1 ) Professional services 1,322 912 981 45.0 34.8 Data processing 671 663 654 1.2 2.6 Director fees 392 378 352 3.7 11.4 FDIC insurance 1,062 898 223 18.3 376.2 Marketing 151 112 45 34.8 235.6 Other 928 1,601 580 (42.0 ) 60.0 Total noninterest expense $ 12,691 $ 12,471 $ 9,925 1.8 % 27.9 % Noninterest expense increased by $2.8 million to $12.7 million for the quarter ended March 31, 2023 compared to the quarter ended March 31, 2022. The increase in noninterest expense was primarily driven by an increase in salaries and employee benefits expense, professional services expense, and FDIC insurance. Salaries and employee benefits expense totaled $6.1 million for the quarter ended March 31, 2023, an increase of $1.1 million when compared to the same period in 2022. The increase in salaries and employee benefits expense was driven by an increase in full time equivalent employees, with full time equivalent employees totaling 135 at March 31, 2023 compared to 126 for the same period in 2022. The increase in salaries and employee benefits expense was also due to lower loan originations, which reduced the amount of the Bank's ability to defer expenses. Professional services expense totaled $1.3 million for the quarter ended March 31, 2023, an increase of $0.3 million when compared to the same period in 2022. The increase in professional services expense was primarily driven by consulting fees. FDIC insurance expense totaled $1.1 million for the quarter ended March 31, 2023, an increase of $0.8 million when compared to the same period in 2022. The increase in FDIC insurance expense is attributed to the overall balance sheet growth, increased use of brokered deposits, and an increase in FDIC insurance rates. BANKWELL FINANCIAL GROUP, INC. RECONCILIATION OF GAAP TO NON-GAAP MEASURES (unaudited) (Dollars in thousands, except share data) As of March 31, December 31, March 31, Computation of Tangible Common Equity to Tangible Assets 2023 2022 2022 Total Equity $ 242,307 $ 238,469 $ 210,220 Less: Goodwill 2,589 2,589 2,589 Other intangibles — — — Tangible Common Equity $ 239,718 $ 235,880 $ 207,631 Total Assets $ 3,252,318 $ 3,252,449 $ 2,496,877 Less: Goodwill 2,589 2,589 2,589 Other intangibles — — — Tangible Assets $ 3,249,729 $ 3,249,860 $ 2,494,288 Tangible Common Equity to Tangible Assets 7.38 % 7.26 % 8.32 % As of March 31, December 31, March 31, Computation of Fully Diluted Tangible Book Value per Common Share 2023 2022 2022 Total shareholders' equity $ 242,307 $ 238,469 $ 210,220 Less: Preferred stock — — — Common shareholders' equity $ 242,307 $ 238,469 $ 210,220 Less: Goodwill 2,589 2,589 2,589 Other intangibles — — — Tangible common shareholders' equity $ 239,718 $ 235,880 $ 207,631 Common shares issued and outstanding 7,843,438 7,730,699 7,761,338 Fully Diluted Tangible Book Value per Common Share $ 30.56 $ 30.51 $ 26.75 BANKWELL FINANCIAL GROUP, INC. RECONCILIATION OF GAAP TO NON-GAAP MEASURES (unaudited) - Continued (Dollars in thousands) For the Quarter Ended Computation of Efficiency Ratio March 31, 2023 December 31, 2022 March 31, 2022 Noninterest expense $ 12,691 $ 12,471 $ 9,925 Less: Amortization of intangible assets — — — Other real estate owned expenses — — — Adjusted noninterest expense $ 12,691 $ 12,471 $ 9,925 Net interest income $ 25,541 $ 26,809 $ 19,510 Noninterest income 1,526 528 958 Less: Net gain on sale of available for sale securities — — — Gain on sale of other real estate owned, net — — — Operating revenue $ 27,067 $ 27,337 $ 20,468 Efficiency ratio 46.9 % 45.6 % 48.5 % For the Quarter Ended Computation of Return on Average Tangible Common Equity March 31, 2023 December 31, 2022 March 31, 2022 Net Income Attributable to Common Shareholders $ 10,379 $ 8,021 $ 8,212 Total average shareholders' equity $ 240,833 $ 237,922 $ 207,541 Less: Average Goodwill 2,589 2,589 2,589 Average Other intangibles — — — Average tangible common equity $ 238,244 $ 235,333 $ 204,952 Annualized Return on Average Tangible Common Equity 17.67 % 13.52 % 16.25 % BANKWELL FINANCIAL GROUP, INC. (Dollars in thousands) For the Quarter Ended March 31, 2023 March 31, 2022 Average Balance Interest Yield/ Rate (4) Average Balance Interest Yield/ Rate (4) Assets: Cash and Fed funds sold $ 315,566 $ 3,568 4.59 % $ 346,183 $ 154 0.18 % 129,881 956 2.49 112,337 754 2.69 1,918,551 25,585 5.33 1,343,565 14,997 4.46 59,444 643 4.33 73,835 671 3.64 166,254 2,825 6.80 102,179 1,033 4.04 542,399 10,421 7.68 383,115 4,625 4.83 18,536 249 5.45 6,054 102 6.85 2,705,184 39,723 5.87 1,908,748 21,428 4.49 5,271 94 7.27 2,835 15 2.10 Total earning assets 3,155,902 $ 44,341 5.62 % 2,370,103 $ 22,351 3.77 % Other assets 84,063 100,469 Total assets $ 3,239,965 $ 2,470,572 NOW $ 92,918 $ 37 0.16 % $ 112,199 $ 47 0.17 % Money market 907,739 6,385 2.85 969,527 1,180 0.49 Savings 136,333 727 2.16 194,463 101 0.21 Time 1,252,564 9,883 3.20 453,805 878 0.78 Total interest bearing deposits 2,389,554 17,032 2.89 1,729,994 2,206 0.52 Borrowed Money 161,202 1,717 4.26 84,452 586 2.77 Total interest bearing liabilities 2,550,756 $ 18,749 2.98 % 1,814,446 $ 2,792 0.62 % Noninterest bearing deposits 403,920 405,400 Other liabilities 44,406 43,185 Total liabilities 2,999,082 2,263,031 Shareholders' equity 240,883 207,541 Total liabilities and shareholders' equity $ 3,239,965 $ 2,470,572 Net interest income(2) $ 25,592 $ 19,559 Interest rate spread 2.64 % 3.15 % Net interest margin(3) 3.24 % 3.30 % Average balances and yields for securities are based on amortized cost. The adjustment for securities and loans taxable equivalency amounted to $51 thousand and $49 thousand for the quarters ended March 31, 2023 and 2022, respectively. Annualized net interest income as a percentage of earning assets. Yields are calculated using the contractual day count convention for each respective product type.
businesswire.com
- 1 year ago
Investors Dumped Bank Stocks. Insiders at 2 Small Lenders Bought Shares.
Insiders at Peapack-Gladstone and Bankwell Financial scooped up shares in March as the banking sector tanked after SVB's collapse.
barrons.com
- 1 year ago
8. Profile Summary
Bankwell Financial Group, Inc. BWFG
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 253 M
Dividend Yield
1.37%
Description
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.
Contact
258 Elm Street, New Canaan, CT, 06840
https://www.mybankwell.com
IPO Date
April 5, 2010
Employees
140
Officers
Mr. Todd H. Lampert
Independent Director & Corporate Secretary
Mr. Steven Brunner
Executive Vice President, Chief Risk and Operations Officer
Daniel S. DiGirolamo
Senior Vice President & Director of Commercial Credit
Robert E. Mallozzi
Senior Vice President & Business Development Officer
Ms. Courtney E. Sacchetti
Executive Vice President & Chief Financial Officer
Mr. Angelo Fusaro CPA
Principal Accounting Officer
Mr. Matthew J. McNeill
Executive Vice President & Chief Banking Officer
Mr. Christopher R. Gruseke
President, Chief Executive Officer & Director
Ms. Christine A. Chivily
Executive Vice President & Chief Credit Officer
Mr. Blake S. Drexler
Executive Chairman