Bankwell Financial Group, Inc. (BWFG)

Bankwell Financial Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	98.94	83.28	94.47	94.74	67.89
Net Interest Income Growth	18.80%	-11.84%	-0.29%	39.56%	23.80%
Non-Interest Income	9.39	3.72	4.84	3.04	5.66
Non-Interest Income Growth	152.50%	-23.21%	59.28%	-46.26%	96.15%
Revenues Before Loan Losses	108.32	87	99.31	97.78	73.54
Provision for Credit Losses	1.04	22.62	0.87	5.44	-0.06
Revenue	107.28	64.38	98.44	92.35	73.6
Revenue Growth (YoY)	66.64%	-34.60%	6.60%	25.47%	46.87%
Compensation Expenses	30.29	23.75	24.6	22.24	18.32
Selling, General & Admin	19.83	17.68	15.74	15.18	15.76
Other Non-Interest Expenses	8.68	9.63	10.06	6.94	5.67
Total Non-Interest Expense	58.79	51.05	50.4	44.36	39.74
Pretax Income	48.5	13.33	48.04	47.98	33.86
Provision for Income Taxes	13.3	3.56	11.38	10.55	7.28
Net Income	35.2	9.77	36.66	37.43	26.59
Net Income to Common	35.2	9.77	36.66	37.43	26.59
Net Income Growth	260.27%	-73.35%	-2.05%	40.78%	350.31%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	1.14%	1.18%	0.10%	-3.44%	0.51%
EPS (Basic)	4.49	1.24	4.71	4.84	3.36
EPS (Diluted)	4.45	1.23	4.67	4.79	3.36
EPS Growth	261.79%	-73.66%	-2.50%	42.56%	348.00%
Free Cash Flow	27.13	29.32	29.88	77.71	34.56
Free Cash Flow Growth	-7.48%	-1.87%	-61.55%	124.87%	-
Free Cash Flow Per Share	3.47	3.79	3.91	10.17	-
Dividends Per Share	0.800	0.800	0.800	0.800	0.640
Dividend Growth	-	-	-	25.00%	14.29%
Profit Margin	32.81%	15.18%	37.24%	40.53%	36.12%
FCF Margin	25.29%	45.55%	30.35%	84.15%	46.95%
EBITDA	4.08	3.78	3.62	3.37	3.58
EBITDA Margin	3.81%	5.86%	3.68%	3.64%	4.87%
Effective Tax Rate	27.42%	26.70%	23.69%	22.00%	21.48%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q