Financial Services -
Banks - Regional - NASDAQ - US
$ 28.2
0.75 %
$ 223 M
Market Cap
22.93
P/E
1. INTRINSIC VALUE
Balance Sheet
Bankwell Financial Group, Inc.
| Current Assets | 2.98 B |
| Cash & Short-Term Investments | 296 M |
| Receivables | 2.69 B |
| Other Current Assets | 0 |
| Non-Current Assets | 36.2 M |
| Long-Term Investments | 0 |
| PP&E | 23.9 M |
| Other Non-Current Assets | 12.3 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 159 M |
| Long-Term Debt | 159 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Bankwell Financial Group, Inc.
| Revenue | 87 M |
| Cost Of Revenue | -105 M |
| Gross Profit | 192 M |
| Operating Expenses | 87 M |
| Operating Income | 73.8 M |
| Other Expenses | 64 M |
| Net Income | 9.77 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bankwell Financial Group, Inc.
| Net Income | 9.77 M |
| Depreciation & Amortization | 246 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 3 M |
| Change in Working Capital | 0 |
| Others | -25.6 M |
| Free Cash Flow | -5.39 M |
Wall Street Analysts Price Targets
Bankwell Financial Group, Inc.
BWFG has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.65%
DIVIDEND YIELD
0.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bankwell Financial Group, Inc.
Sold
0-3 MONTHS
400 K USD 6
3-6 MONTHS
43.9 K USD 1
6-9 MONTHS
70.4 K USD 2
9-12 MONTHS
288 K USD 3
Bought
161 K USD 6
0-3 MONTHS
301 K USD 6
3-6 MONTHS
294 K USD 6
6-9 MONTHS
225 K USD 5
9-12 MONTHS
7. News
Bankwell Financial Group, Inc. (BWFG) Q4 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG ) Q4 2024 Earnings Call Transcript January 23, 2025 10:00 AM ET Company Participants Chris Gruseke - President and Chief Executive Officer Courtney Sacchetti - Chief Financial Officer Matt McNeill - Chief Banking Officer Conference Call Participants Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen. And thank you for standing by.
seekingalpha.com
- 2 months ago
Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025. Pre-tax, pre-provision net revenue (PPNR) of $7.9 million, or $1.02 per share, fell 12% relative to the.
businesswire.com
- 2 months ago
Bankwell Financial Group, Inc. Announces Date of Fourth 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 December 31, 2024, on Wednesday, January 22, 2025, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Thursday, January 23, 2025, to review the Company's financial performance and operating results. The audio webcast link, along with th.
businesswire.com
- 3 months ago
Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder and director, Lawrence B. Seidman, to increase his position in the Company from a maximum of 9.9% to 14.99% of common stock. Mr. Seidman is the Manager of Seidman and Associates, LLC based in Parsippany, NJ. He has served on Bankwell's board of directors since 2020. Christopher R. Gruseke, Preside.
businesswire.com
- 3 months ago
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
- 5 months 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
- 5 months 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
- 6 months 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
- 11 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
- 1 year 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
8. Profile
Summary
Bankwell Financial Group, Inc. BWFG
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 223 M
Dividend Yield
0.65%
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
144
Officers
Daniel S. DiGirolamo
Senior Vice President & Director of Commercial Credit
Mr. Christopher R. Gruseke
Chief Executive Officer & Director
Mr. Todd H. Lampert
Independent Director & Corporate Secretary
Robert E. Mallozzi
Senior Vice President & Business Development Officer
Mr. Brian Merritt
Chief Technology Officer
Ms. Courtney E. Sacchetti
Executive Vice President & Chief Financial Officer
Mr. Angelo Fusaro CPA
Principal Accounting Officer
Mr. Matthew J. McNeill
President & Chief Banking Officer
Ms. Christine A. Chivily
Executive Vice President & Chief Credit Officer
Mr. Blake S. Drexler
Executive Chairman