Bankwell Financial Group, Inc. (BWFG)
NASDAQ: BWFG · Real-Time Price · USD
34.60
+0.61 (1.79%)
May 8, 2025, 4:00 PM EDT - Market closed
Bankwell Financial Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 172.98 | 172.83 | 170.18 | 111.24 | 78.04 | 73.67 | Upgrade
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| Interest Income on Investments | 19.21 | 19.16 | 18.27 | 6.7 | 3.33 | 3.82 | Upgrade
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| Total Interest Income | 192.19 | 191.99 | 188.45 | 117.95 | 81.38 | 77.49 | Upgrade
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| Interest Paid on Deposits | 100.67 | 101.26 | 86.91 | 19.36 | 10.44 | 18.18 | Upgrade
|
| Interest Paid on Borrowings | 7.32 | 7.45 | 7.08 | 3.84 | 3.05 | 4.47 | Upgrade
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| Total Interest Expense | 107.99 | 108.71 | 93.99 | 23.2 | 13.49 | 22.65 | Upgrade
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| Net Interest Income | 84.2 | 83.28 | 94.47 | 94.74 | 67.89 | 54.84 | Upgrade
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| Net Interest Income Growth (YoY) | -6.52% | -11.84% | -0.29% | 39.56% | 23.80% | 2.00% | Upgrade
|
| Other Non-Interest Income | 3.66 | 3.2 | 2.87 | 1.8 | 2.07 | 2.42 | Upgrade
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| Total Non-Interest Income | 4.31 | 3.72 | 4.84 | 3.04 | 4.76 | 2.48 | Upgrade
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| Non-Interest Income Growth (YoY) | 1.82% | -23.21% | 59.28% | -36.09% | 91.51% | -52.63% | Upgrade
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| Revenues Before Loan Losses | 88.51 | 87 | 99.31 | 97.78 | 72.64 | 57.32 | Upgrade
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| Provision for Loan Losses | 19.4 | 22.62 | 0.87 | 5.44 | -0.06 | 7.61 | Upgrade
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| Revenue | 69.11 | 64.38 | 98.44 | 92.35 | 72.7 | 49.71 | Upgrade
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| Revenue Growth (YoY) | -23.71% | -34.60% | 6.60% | 27.02% | 46.24% | -15.12% | Upgrade
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| Salaries and Employee Benefits | 21.51 | 20.75 | 21.52 | 19.88 | 16.48 | 19.59 | Upgrade
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| Occupancy Expenses | 7.35 | 7.09 | 6.17 | 5.7 | 7.58 | 6.87 | Upgrade
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| Federal Deposit Insurance | 3.2 | 3.35 | 4.16 | 1.64 | 1.23 | 0.79 | Upgrade
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| Selling, General & Administrative | 15.51 | 15.42 | 14.46 | 13.24 | 11.31 | 10.24 | Upgrade
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| Other Non-Interest Expense | 4.33 | 4.44 | 4.09 | 3.91 | 3.13 | 2.57 | Upgrade
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| Total Non-Interest Expense | 51.9 | 51.05 | 50.4 | 44.36 | 39.74 | 40.06 | Upgrade
|
| EBT Excluding Unusual Items | 17.21 | 13.33 | 48.04 | 47.98 | 32.96 | 9.65 | Upgrade
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| Asset Writedown | - | - | - | - | - | -1.65 | Upgrade
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| Other Unusual Items | - | - | - | - | 0.9 | -0.7 | Upgrade
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| Pretax Income | 17.21 | 13.33 | 48.04 | 47.98 | 33.86 | 7.3 | Upgrade
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| Income Tax Expense | 4.32 | 3.56 | 11.38 | 10.55 | 7.28 | 1.4 | Upgrade
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| Net Income | 12.9 | 9.77 | 36.66 | 37.43 | 26.59 | 5.9 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.27 | 0.24 | 0.96 | 0.81 | 0.51 | 0.09 | Upgrade
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| Net Income to Common | 12.62 | 9.53 | 35.71 | 36.62 | 26.08 | 5.81 | Upgrade
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| Net Income Growth | -57.08% | -73.35% | -2.05% | 40.78% | 350.31% | -67.59% | Upgrade
|
| Basic Shares Outstanding | 8 | 8 | 8 | 8 | 8 | 8 | Upgrade
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| Diluted Shares Outstanding | 8 | 8 | 8 | 8 | 8 | 8 | Upgrade
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| Shares Change (YoY) | 1.12% | 1.18% | 0.09% | -1.57% | 0.17% | -0.46% | Upgrade
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| EPS (Basic) | 1.64 | 1.24 | 4.71 | 4.84 | 3.38 | 0.75 | Upgrade
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| EPS (Diluted) | 1.62 | 1.23 | 4.67 | 4.79 | 3.36 | 0.75 | Upgrade
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| EPS Growth | -57.56% | -73.66% | -2.50% | 42.56% | 348.00% | -67.53% | Upgrade
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| Dividend Per Share | 0.800 | 0.800 | 0.800 | 0.800 | 0.640 | 0.560 | Upgrade
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| Dividend Growth | - | - | - | 25.00% | 14.29% | 7.69% | Upgrade
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| Effective Tax Rate | 25.09% | 26.70% | 23.69% | 22.00% | 21.49% | 19.13% | Upgrade
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Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.