BWFG Stock - Bankwell Financial Group, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $195.71M | $193.30M | $120.98M | $87.03M | $80.37M |
| Gross Profit | $64.38M | $98.44M | $92.35M | $73.60M | $50.11M |
| Gross Margin | 32.9% | 50.9% | 76.3% | 84.6% | 62.4% |
| Operating Income | $13.33M | $48.04M | $47.98M | $33.86M | $7.30M |
| Net Income | $9.77M | $36.66M | $37.43M | $26.59M | $5.90M |
| Net Margin | 5.0% | 19.0% | 30.9% | 30.5% | 7.3% |
| EPS | $1.24 | $4.71 | $4.84 | $3.38 | $0.75 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 29th 2025 | Hovde Group | Reiterated | Market Perform | $42← $38.5 |
| June 26th 2025 | Raymond James | Initiation | Market Perform | - |
| June 23rd 2025 | Hovde Group | Resumed | Market Perform | $38.5← $35 |
| May 10th 2023 | Hovde Group | Initiation | Outperform | $26 |
Earnings History & Surprises
BWFGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Jan 28, 2026 | $1.20 | — | — | — |
Q4 2025 | Oct 23, 2025 | $1.02 | $1.27 | +24.5% | ✓ BEAT |
Q3 2025 | Jul 28, 2025 | $0.87 | $1.15 | +32.2% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $0.73 | $0.87 | +19.2% | ✓ BEAT |
Q1 2025 | Jan 22, 2025 | $0.65 | $0.32 | -50.8% | ✗ MISS |
Q4 2024 | Oct 28, 2024 | $-0.08 | $0.24 | +400.0% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $0.10 | $0.14 | +40.0% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $0.72 | $0.48 | -33.3% | ✗ MISS |
Q1 2024 | Mar 12, 2024 | — | $1.11 | — | — |
Q4 2023 | Oct 25, 2023 | $0.93 | $1.25 | +34.4% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $0.86 | $1.02 | +18.6% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $1.01 | $1.33 | +31.7% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $1.29 | $1.04 | -19.4% | ✗ MISS |
Q4 2022 | Oct 26, 2022 | $1.03 | $1.18 | +14.6% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $1.03 | $1.15 | +11.7% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $0.91 | $1.04 | +14.3% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $0.87 | $0.99 | +13.8% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.82 | $0.87 | +6.1% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.73 | $0.79 | +8.2% | ✓ BEAT |
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