Bankwell Financial Group, Inc. (BWFG)

Bankwell Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	90.58	98.44	92.35	73.6	50.11	58.57
Revenue Growth (YoY)	-7.90%	6.60%	25.47%	46.87%	-14.43%	3.14%
Gross Profit	90.58	98.44	92.35	73.6	50.11	58.57
Selling, General & Admin	42.88	42.15	38.81	35.38	39.45	32.79
Other Operating Expenses	8.13	8.25	5.55	4.36	3.36	2.84
Operating Expenses	51.01	50.4	44.36	39.74	42.81	35.63
Operating Income	39.58	48.04	47.98	33.86	7.3	22.94
Pretax Income	39.58	48.04	47.98	33.86	7.3	22.94
Income Tax	9.53	11.38	10.55	7.28	1.4	4.73
Net Income	30.05	36.66	37.43	26.59	5.9	18.22
Net Income Growth	-24.12%	-2.05%	40.78%	350.30%	-67.59%	4.49%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change	0.93%	0.09%	-1.57%	0.17%	-0.46%	0.12%
EPS (Basic)	3.85	4.71	4.84	3.38	0.75	2.32
EPS (Diluted)	3.84	4.67	4.79	3.36	0.75	2.31
EPS Growth	-24.71%	-2.51%	42.56%	348.00%	-67.53%	4.52%
Free Cash Flow	32.42	29.88	77.71	38.82	1.83	5.99
Free Cash Flow Per Share	4.23	3.94	10.28	5.04	0.24	0.77
Dividend Per Share	0.800	0.800	0.800	0.640	0.560	0.520
Dividend Growth	0%	0%	25.00%	14.29%	7.69%	8.33%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	43.69%	48.80%	51.96%	46.01%	14.57%	39.17%
Profit Margin	33.17%	37.24%	40.53%	36.12%	11.78%	31.10%
Free Cash Flow Margin	35.79%	30.35%	84.15%	52.74%	3.64%	10.22%
Effective Tax Rate	24.08%	23.69%	22.00%	21.48%	19.13%	20.60%
EBITDA	43.25	51.67	51.35	37.44	10.58	26.32
EBITDA Margin	47.75%	52.48%	55.61%	50.88%	21.11%	44.94%
Depreciation & Amortization	3.68	3.62	3.37	3.58	3.28	3.38
EBIT	39.58	48.04	47.98	33.86	7.3	22.94
EBIT Margin	43.69%	48.80%	51.96%	46.01%	14.57%	39.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).