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Bankwell Financial Group, Inc. (BWFG)

NASDAQ: BWFG · IEX Real-Time Price · USD
30.10 0.26 (0.87%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap236.07M
Revenue (ttm)62.67M
Net Income (ttm)15.25M
Shares Out7.72M
EPS (ttm)1.92
PE Ratio15.65
Forward PE9.10
Dividend$0.56 (1.86%)
Ex-Dividend DateAug 13, 2021
Volume9,777
Open29.80
Previous Close29.84
Day's Range29.72 - 30.22
52-Week Range14.92 - 31.80
Beta0.88
AnalystsHold
Price Target35.75 (+18.8%)
Est. Earnings DateOct 27, 2021

About BWFG

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides a range of banking products and services to commercial and consumer customers in Connecticut. Its deposit products include checking, savings, and money market accounts; and time, demand, and NOW deposits, as well as certificates of deposit. The company also provides commercial lending products, including owner-occupied commercial real estate loans, commercial real estate investment loans, business term loans, equipment financing, and lines of cre...

IndustryBanks
Founded2002
CEOChristopher Gruseke
Employees125
Stock ExchangeNASDAQ
Ticker SymbolBWFG
Full Company Profile

Financial Performance

In 2020, BWFG's revenue was $50.11 million, a decrease of -14.43% compared to the previous year's $58.57 million. Earnings were $5.90 million, a decrease of -67.59%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BWFG stock is "Hold." The 12-month stock price forecast is 35.75, which is an increase of 18.77% from the latest price.

Price Target
$35.75
(18.77% upside)
Analyst Consensus: Hold

News

Bankwell Financial Group, Inc. (BWFG) to Report Q3 Results: Wall Street Expects Earnings Growth

Bankwell Financial Group, Inc. (BWFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 days ago - Zacks Investment Research

Why Bankwell Financial Group, Inc. (BWFG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bankwell Financial Group, Inc. (BWFG) have what it takes?

3 days ago - Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock? Bankwell Financial Group, Inc. (BWFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bankwell Financial Group, Inc. (BWFG) have what it takes?

2 weeks ago - Zacks Investment Research

This is Why Bankwell Financial Group, Inc. (BWFG) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bankwell Financial Group, Inc. (BWFG) have what it takes?

1 month ago - Zacks Investment Research

Bankwell Financial Group (BWFG) Sees Hammer Chart Pattern: Time to Buy?

Bankwell Financial Group (BWFG) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

Why Bankwell Financial Group, Inc. (BWFG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bankwell Financial Group, Inc. (BWFG) have what it takes?

1 month ago - Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock? Bankwell Financial Group, Inc. (BWFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bankwell Financial Group, Inc. (BWFG) have what it takes?

2 months ago - Zacks Investment Research

Bankwell Financial Group, Inc. (BWFG) Q2 Earnings and Revenues Surpass Estimates

Bankwell Financial Group, Inc. (BWFG) delivered earnings and revenue surprises of 1.28% and 5.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Bankwell Financial Group Reports Record Operating Results for the Second Quarter; Increases Dividend by 29%

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported record GAAP net income of $6.2 million, or $0.79 per share, for the second quarter of 2021, versus $1.2 million,...

2 months ago - Business Wire

Bankwell Financial Group, Inc. (BWFG) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Bankwell Financial Group, Inc. (BWFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Is Bankwell Financial Group (BWFG) Stock a Solid Choice Right Now?

Bankwell Financial Group (BWFG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

New Strong Buy Stocks for June 3rd

New Strong Buy Stocks for June 3rd

Other symbols:AMDCALMATSNV
4 months ago - Zacks Investment Research

New Strong Buy Stocks for May 7th

New Strong Buy Stocks for May 7th

Other symbols:ARCBCBTNVSTOMI
5 months ago - Zacks Investment Research

Bankwell Financial Group, Inc. (BWFG) Surpasses Q1 Earnings and Revenue Estimates

Bankwell Financial Group, Inc. (BWFG) delivered earnings and revenue surprises of 18.33% and 0.67%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the s...

5 months ago - Zacks Investment Research

Bankwell Financial Group Reports Strong 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 $5.7 million, or $0.71 per share, for the first quarter of 2021, versus $1.4 million, or $0.1...

5 months ago - Business Wire

Bankwell Financial Group, Inc. (BWFG) to Report Q1 Results: Wall Street Expects Earnings Growth

Bankwell Financial Group, Inc. (BWFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Bankwell Financial Group, Inc. (BWFG) Upgraded to Buy: What Does It Mean for the Stock?

Bankwell Financial Group, Inc. (BWFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

7 months ago - Zacks Investment Research

Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2020; Declares First Quarter ...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $0.3 million, or $0.04 per share, for the fourth quarter of 2020, versus $3.5 million, or $0...

8 months ago - Business Wire

Bankwell Financial (BWFG) to Incur Charges in Q4, Resume Buybacks

Bankwell Financial's (BWFG) cost-saving initiatives will boost operating efficiency. Further, resumption of share buybacks will likely enhance shareholder value.

9 months ago - Zacks Investment Research

Bankwell Financial Group, Inc. Announces Resumption of Share Repurchase Program and One-Time Charges Associated with ...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) (the “Company”) announced today that it will resume its previously authorized share repurchase program. Under the existi...

9 months ago - Business Wire

5 Bank Stocks to Gain Amid Potential Economic Recovery

Low mortgage rates, falling provisions, vaccine news and hopes of stimulus aid bode well for banks, making it wise to invest in names like BOK Financial (BOKF) and First Hawaiian (FHB).

Other symbols:ABTXBNTXBOKFFHBIBCP
10 months ago - Zacks Investment Research

Bankwell Financial Group Reports Operating Results for the Third Quarter With Strong Core Deposit Growth

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $3.0 million, or $0.38 per share, for the third quarter of 2020, versus $4.1 million, or $0.5...

11 months ago - Business Wire

Bankwell Financial Group Reports Operating Results for the Second Quarter, Continued Reserve Build and Maintains Quar...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc.

1 year ago - Business Wire

Bankwell Financial (BWFG) Surges: Stock Moves 6.2% Higher

Bankwell Financial (BWFG) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

1 year ago - Zacks Investment Research

This Tiny Bank Stock Is Worth Watching

There's a potential buyer in the works for this Connecticut-based financial institution.

1 year ago - The Motley Fool