Bankwell Financial Group, Inc. (BWFG)

NASDAQ: BWFG · Real-Time Price · USD
53.19
+1.52 (2.94%)
At close: Apr 28, 2026, 4:00 PM EDT
53.19
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
2.94%
Market Cap 413.09M
Revenue (ttm) 115.43M
Net Income (ttm) 39.04M
Shares Out 7.77M
EPS (ttm) 4.99
PE Ratio 10.67
Forward PE 9.97
Dividend $0.80 (1.50%)
Ex-Dividend Date May 8, 2026
Volume 62,364
Open 51.95
Previous Close 51.67
Day's Range 51.95 - 53.26
52-Week Range 32.19 - 53.86
Beta 0.62
Analysts Buy
Price Target 55.00 (+3.4%)
Earnings Date Apr 22, 2026

About BWFG

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It provides various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also offers 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 sec... [Read more]

Sector Financials
Founded 2002
Employees 180
Stock Exchange NASDAQ
Ticker Symbol BWFG
Full Company Profile

Financial Performance

In 2025, Bankwell Financial Group's revenue was $107.28 million, an increase of 66.64% compared to the previous year's $64.38 million. Earnings were $34.79 million, an increase of 265.17%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BWFG stock is "Buy." The 12-month stock price target is $55.0, which is an increase of 3.40% from the latest price.

Price Target
$55.0
(3.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bankwell Financial Group Earnings Call Transcript: Q1 2026

Q1 2026 saw strong net income of $11.3M, stable net interest income, and robust core deposit growth despite a competitive market. SBA fee income was strong, guidance for both net interest and non-interest income was raised, and asset quality remains healthy.

5 days ago - Transcripts

Bankwell Financial Group Reports Operating Results for the First Quarter, Declares Second Quarter Dividend

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $11.3 million, or $1.41 per share for the first quarter of 2026, versus $9.1 million, or $...

6 days ago - Business Wire

Bankwell Financial Group, Inc. Announces Date of First 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 ...

20 days ago - Business Wire

Bankwell Opens Brooklyn Office to Expand Commercial and Private Client Banking Presence in New York

BROOKLYN, N.Y.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, today announced the opening of its Brooklyn office in the Bay Ridge neighborhood, e...

2 months ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q4 2025

Q4 2025 saw strong net income, margin expansion, and improved asset quality, with robust loan and deposit growth. 2026 guidance anticipates continued growth in loans, non-interest income, and investments in people and technology, with SBA originations expected to rise.

3 months ago - Transcripts

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 $9.1 million, or $1.15 per share for the fourth quarter of 2025, versus $10.1 million, or ...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q3 2025

Net income and margins rose on strong loan originations and deposit growth, but record payoffs led to flat loan growth guidance. SBA division neared its annual goal, though a government shutdown could impact results. Efficiency and credit metrics improved.

6 months ago - Transcripts

Bankwell Financial Group Reports Operating Results for the Third Quarter, Declares Fourth Quarter Dividend

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $10.1 million, or $1.27 per share for the third quarter of 2025, versus $9.1 million, or $...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q2 2025

Second quarter 2025 saw strong net interest margin expansion, higher non-interest income from SBA gains, and improved credit quality. Five new deposit teams and reduced brokered deposits position the bank for continued growth, with guidance raised for net interest income and expenses.

9 months ago - Transcripts

Bankwell Financial Group Reports Operating Results for the Second Quarter, Declares Third Quarter Dividend

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $9.1 million, or $1.15 per share for the second quarter of 2025, versus $6.9 million, or $...

9 months ago - Business Wire

Bankwell Financial Group, Inc. Announces Date of Second 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 ...

10 months ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q1 2025

First quarter 2025 saw EPS surge 135% sequentially, driven by margin expansion, lower provision expense, and strong SBA gains. Core deposits grew, brokered deposits declined, and NPAs dropped to 83 bps of assets. Guidance for 2025 NII, NIM, and expenses was reaffirmed.

1 year ago - Transcripts

Bankwell Appoints Brian Merritt as Chief Technology Officer

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer. Mr. ...

1 year ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q4 2024

Q4 2024 EPS was $0.32, impacted by $3M in charge-offs, but no credit deterioration was seen. Deposit costs fell, core deposits grew, and NIM is expected to expand in 2025. SBA lending and deposit repricing are set to drive earnings and margin growth.

1 year ago - Transcripts

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...

1 year ago - Business Wire

Bankwell Financial Group Earnings Call Transcript: Q3 2024

Q3 EPS was $0.24, impacted by an $8.2M office loan charge-off, but credit quality remains strong and margin expansion is expected in 2025 as deposits reprice. Strategic investments in technology, digital banking, and SBA lending are set to drive future growth and efficiency.

1 year ago - Transcripts

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 ...

1 year ago - Business Wire

Bankwell Hires Head of SBA Lending

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in th...

1 year ago - Business Wire

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 $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $...

1 year ago - Business Wire

Kevin Leitão Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank

NEW CANAAN, Conn.--(BUSINESS WIRE)--On May 29, 2024, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company...

1 year ago - Business Wire

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 $...

2 years ago - Business Wire

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 $...

2 years ago - Business Wire

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...

2 years ago - Business Wire