Bankwell Financial Group, Inc. (BWFG)
NASDAQ: BWFG · Real-Time Price · USD
70.89
+0.97 (1.39%)
Nov 9, 2026, 3:10 PM EST - Market open
Bankwell Financial Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 255.55 | 224.92 | 307.52 | 269.16 | 355.68 | 344.68 |
Investment Securities | 200.2 | 192.12 | 146.07 | 127.59 | 121.6 | 108.36 |
Trading Asset Securities | - | 4.97 | 7.47 | 8.82 | 12.5 | 3.63 |
Mortgage-Backed Securities | - | - | 0.03 | 0.03 | 0.04 | 0.05 |
Total Investments | 200.2 | 197.09 | 153.57 | 136.44 | 134.13 | 112.04 |
Gross Loans | 2,978 | 2,840 | 2,706 | 2,719 | 2,675 | 1,895 |
Allowance for Loan Losses | -30.71 | -30.71 | -29.01 | -27.95 | -22.43 | -16.9 |
Other Adjustments to Gross Loans | - | -4.93 | -3.92 | -5.36 | -6.63 | -2.81 |
Net Loans | 2,948 | 2,804 | 2,673 | 2,685 | 2,646 | 1,875 |
Property, Plant & Equipment | 19.73 | 21.58 | 23.86 | 27.02 | 27.2 | 25.59 |
Goodwill | 2.59 | 2.59 | 2.59 | 2.59 | 2.59 | 2.59 |
Accrued Interest Receivable | 17.54 | 16.14 | 14.54 | 14.86 | 13.07 | 7.51 |
Other Current Assets | - | - | - | - | - | 18.11 |
Long-Term Deferred Tax Assets | 11.1 | 11.36 | 9.74 | 9.38 | 7.42 | 7.62 |
Other Real Estate Owned & Foreclosed | - | - | 8.3 | - | - | - |
Other Long-Term Assets | 93.8 | 75.53 | 69.75 | 65.03 | 60.76 | 60.14 |
Total Assets | 3,555 | 3,360 | 3,268 | 3,215 | 3,252 | 2,456 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 58.58 | 34.55 | 33.71 | 48.35 | 49.89 | 28.87 |
Interest Bearing Deposits | 2,515 | 1,372 | 1,279 | 1,191 | 1,239 | 1,334 |
Institutional Deposits | - | 1,053 | 1,186 | 1,200 | 1,157 | 391.19 |
Non-Interest Bearing Deposits | 453.09 | 403.65 | 321.88 | 346.17 | 404.56 | 398.96 |
Total Deposits | 2,968 | 2,829 | 2,788 | 2,737 | 2,801 | 2,124 |
Short-Term Borrowings | 125 | 110 | 90 | 90 | 90 | - |
Current Portion of Long-Term Debt | - | - | - | - | - | 50 |
Current Portion of Leases | - | 2.55 | - | - | - | - |
Long-Term Debt | 69.88 | 72.9 | 73.92 | 73.7 | 73.17 | 51.22 |
Long-Term Leases | - | 8.41 | 12 | - | - | - |
Other Long-Term Liabilities | - | 0.49 | 0.76 | 0.93 | 0.1 | 0.18 |
Total Liabilities | 3,221 | 3,058 | 2,998 | 2,950 | 3,014 | 2,254 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 122.91 | 120.12 | 119.11 | 118.25 | 115.02 | 118.15 |
Retained Earnings | 213.23 | 181.59 | 152.66 | 149.17 | 123.64 | 92.4 |
Comprehensive Income & Other | -2 | -0.22 | -1.24 | -1.66 | -0.19 | -8.56 |
Shareholders' Equity | 334.14 | 301.49 | 270.52 | 265.75 | 238.47 | 201.99 |
Total Liabilities & Equity | 3,555 | 3,360 | 3,268 | 3,215 | 3,252 | 2,456 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 194.88 | 193.85 | 175.92 | 163.7 | 163.17 | 101.22 |
Net Cash (Debt) | 60.67 | 36.04 | 139.07 | 114.28 | 205.01 | 247.09 |
Net Cash Growth | -60.14% | -74.09% | 21.70% | -44.26% | -17.03% | 33.01% |
Net Cash Per Share | 7.68 | 4.61 | 17.97 | 14.94 | 26.83 | 31.83 |
Filing Date Shares Outstanding | 7.77 | 7.77 | 7.68 | 7.68 | 7.63 | 7.68 |
Total Common Shares Outstanding | 7.77 | 7.69 | 7.64 | 7.63 | 7.52 | 7.61 |
Book Value Per Share | 43.00 | 39.19 | 35.43 | 34.84 | 31.73 | 26.53 |
Tangible Book Value | 331.55 | 298.9 | 267.93 | 263.16 | 235.88 | 199.4 |
Tangible Book Value Per Share | 42.67 | 38.85 | 35.09 | 34.50 | 31.38 | 26.19 |