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Bankwell Financial Group, Inc.(BWFG)Earnings, Financials & Key Ratios
BWFG•NASDAQ•Banking & Credit
$58.44
13.1× P/E·Price updated Jul 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial real estate and multifamily lenders
AboutBankwell 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.Show more
- Net Interest Income$99M+18.8%
- Total Revenue$208M+6.1%
- Net Income$35M+260.3%
- Return on Equity12.31%+237.8%
- Net Interest Margin2.94%+15.6%
- Efficiency Ratio28.3%+8.5%
- ROA1.06%+252.4%
- Equity / Assets8.97%+8.4%
- Book Value per Share38.52+10.2%
BWFG Price & Volume
Bankwell Financial Group, Inc. (BWFG) stock price & volume — 10-year historical chart
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Revenue Recovery Offsets Persistent Margin Compression Risks
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Adequate
Cash Flow:Improving
Primary Risk:CRE concentration and funding
Key Thesis Takeaways
- Bankwell Financial Group has demonstrated a robust recovery in net interest income, which grew to $26.9 million in 2026Q1 from a low of $20.2 million in 2024Q4, signaling successful core business expansion.
- However, investors should monitor the persistent net interest margin, which has remained constrained between 0.6% and 0.8% over the last ten quarters, alongside significant volatility in credit loss provisioning.
- While the bank maintains a stable equity-to-assets ratio of 0.09, the heavy concentration in commercial real estate warrants caution regarding future asset quality and earnings stability.
Verdict Logic
while the bank shows a compelling PEG ratio of 0.31, the persistent margin compression and historical volatility in credit provisions suggest that investors should wait for more consistent earnings quality before increasing exposure.
BWFG Growth Metrics
Bankwell Financial Group, Inc. (BWFG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.37%
5 Years20.91%
3 Years19.74%
TTM-
Profit CAGR
10 Years14.57%
5 Years42.91%
3 Years-2.03%
TTM206.98%
EPS CAGR
10 Years13.91%
5 Years42.78%
3 Years-2.42%
TTM207.41%
Return on Capital
10 Years6.95%
5 Years8.47%
3 Years6.03%
Last Year4.35%
BWFG Recent Earnings
Bankwell Financial Group, Inc. (BWFG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 7/12 qtrs (64%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$1.41+14.6%
$1.23
Rev
$30M+2.6%
$29M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$1.15-4.2%
$1.20
Rev
$30M+8.1%
$28M
Q4 2025
Oct 23, 2025Metric
Actual
Est
EPS
$1.27+24.5%
$1.02
Rev
$28M+0.7%
$28M
Q3 2025
Jul 28, 2025Metric
Actual
Est
EPS
$1.15+32.2%
$0.87
Rev
$26M-0.1%
$26M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $1.41vs $1.23+14.6% | $30Mvs $29M+2.6% |
| Q1 2026 | Jan 29, 2026 | $1.15vs $1.20-4.2% | $30Mvs $28M+8.1% |
| Q4 2025 | Oct 23, 2025 | $1.27vs $1.02+24.5% | $28Mvs $28M+0.7% |
| Q3 2025 | Jul 28, 2025 | $1.15vs $0.87+32.2% | $26Mvs $26M-0.1% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Bankwell Financial Group, Inc. (BWFG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $58.44 | $465.95M | 13.13 | 6.13% | 16.95% | 12.31% | 1.37% | |
| $50.16 | $2.61B | 15.06 | 10.36% | 19.66% | 9.83% | — | |
| $72.82 | $1.32B | 13.41 | 8.86% | 24.85% | 12.27% | — | |
| $27.68 | $382.93M | 8.52 | -1.55% | 28.51% | 12.62% | — | |
| $14.81 | $618.52M | 747.98 | -26.69% | 1.79% | 0.68% | — | |
| $40.18 | $1.77B | 16.95 | 13.03% | 16.65% | 8.46% | — |
Compare BWFG vs Peers
Bankwell Financial Group, Inc. (BWFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BWFG SEC Filings & Documents
Bankwell Financial Group, Inc. (BWFG) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BWFG Frequently Asked Questions
Bankwell Financial Group, Inc. (BWFG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Bankwell Financial Group, Inc. growing?
Bankwell Financial Group, Inc. (BWFG) grew revenue by 6.1% over the past year. This is steady growth.
Is BWFG profitable?
Yes, Bankwell Financial Group, Inc. (BWFG) is profitable, generating $39.6M in net income for fiscal year 2025 (16.9% net margin).
Dividend & Returns
Does BWFG pay dividends?
Yes, Bankwell Financial Group, Inc. (BWFG) pays a dividend with a yield of 1.37%. This makes it attractive for income-focused investors.
What is BWFG's return on equity?
Bankwell Financial Group, Inc. (BWFG) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.
Industry Metrics
What is Bankwell Financial Group, Inc.'s net interest margin?
Bankwell Financial Group, Inc. (BWFG) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
What is Bankwell Financial Group, Inc.'s efficiency ratio?
Bankwell Financial Group, Inc. (BWFG) has an efficiency ratio of 28.3%. This is excellent, indicating strong cost control.