Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc.BWFGEarnings & Financial Report

Nasdaq · Financials · State Commercial Banks

Bankwell Financial Group, Inc. is a US-based bank holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage loans, commercial lending, and wealth management solutions. It primarily serves local communities, retail customers, and small to medium-sized enterprises across Connecticut.

Revenue

$21.2M

Gross Profit

N/A

Operating Profit

$4.1M

Net Profit

N/A

Gross Margin

N/A

Operating Margin

19.2%

Net Margin

N/A

YoY Growth

-9.5%

EPS

$0.37

Bankwell Financial Group, Inc. Q4 FY2024 Financial Summary

Bankwell Financial Group, Inc. reported revenue of $21.2M (down 9.5% YoY) for Q4 FY2024, with a net profit of N/A (N/A margin).

Key Financial Metrics

Total Revenue$21.2M
Net ProfitN/A
Gross MarginN/A
Operating Margin19.2%
Report PeriodQ4 FY2024

Bankwell Financial Group, Inc. Annual Revenue by Year

Bankwell Financial Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $108.3M).

YearAnnual Revenue
2025$108.3M
2024$87.0M
2023$1.6M
2022$1.1M

Bankwell Financial Group, Inc. Quarterly Revenue & Net Profit History

Bankwell Financial Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$30.3M+43.3%N/AN/A
Q3 FY2025$28.5M+30.2%$10.1M35.4%
Q2 FY2025$25.9M+18.5%$9.1M35.0%
Q1 FY2025$23.6M+6.8%$6.9M29.2%
Q4 FY2024$21.2M-9.5%N/AN/A
Q3 FY2024$21.9M-6.8%$1.9M8.8%
Q2 FY2024$21.9M-13.7%$1.1M5.1%
Q1 FY2024$22.1M-18.5%$3.8M17.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$22.1M$21.9M$21.9M$21.2M$23.6M$25.9M$28.5M$30.3M
YoY Growth-18.5%-13.7%-6.8%-9.5%6.8%18.5%30.2%43.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$3.16B$3.14B$3.16B$3.27B$3.18B$3.24B$3.24B$3.36B
Liabilities$2.89B$2.87B$2.89B$3.00B$2.91B$2.95B$2.95B$3.06B
Equity$268.0M$267.0M$267.9M$270.5M$275.2M$283.3M$292.8M$301.5M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$9.0M$7.1M$-557000$29.9M$3.9M$6.5M$10.3M$28.3M