Bankwell Financial Group, Inc. (BWFG)

Bankwell Financial Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	29.02	9.77	36.66	37.43	26.59	5.9
Depreciation & Amortization	3.98	3.78	3.62	3.37	3.58	3.28
Provision for Credit Losses	4.88	22.62	0.87	5.44	-0.06	7.61
Stock-Based Compensation	2.26	3	3.07	2.36	1.83	1.77
Other Adjustments	-4.59	-1.94	-3.07	-3.6	-1.16	-2.35
Changes in Accrued Interest and Accounts Receivable	-0.92	0.33	-1.79	-5.56	-0.93	-0.62
Changes in Accrued Expenses	3.91	-2.82	-3.06	20.94	-4.39	1.67
Changes in Other Operating Activities	-4.11	-4.8	-4.37	22.29	9.1	-18.77
Operating Cash Flow	35.04	29.94	31.93	82.67	34.56	-1.51
Operating Cash Flow Growth	132.15%	-6.24%	-61.38%	139.22%	-	-
Net Change in Loans Held-for-Investment	-105.46	-17.28	-40.91	-779.24	-249.99	-21.38
Net Change in Securities and Investments	20.71	-16.11	-4.86	-24.56	-3.22	-3.71
Capital Expenditures	-0.93	-0.61	-2.05	-4.96	-	-
Sale of Property, Plant & Equipment	-	-	-	-	4.26	3.34
Other Investing Activities	14.91	0.04	-0.48	-2.4	-21.08	-0.19
Investing Cash Flow	-77.66	-33.96	-48.3	-811.16	-270.03	-21.94
Net Change in Deposits	69.24	50.81	-64.06	676.82	296.68	335.41
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-125	-	-	40	-125	25
Long-Term Debt Issued	-	-	-	34.35	34.42	-
Long-Term Debt Repaid	-	-	-	-	-25.5	-
Net Long-Term Debt Issued (Repaid)	-	-	-	34.35	8.92	-
Issuance of Common Stock	-	-	0.16	0.05	0.05	0.02
Repurchase of Common Stock	-1.45	-2.14	-	-5.54	-5.08	-1.04
Net Common Stock Issued (Repurchased)	-1.45	-2.14	0.16	-5.49	-5.02	-1.02
Common Dividends Paid	-6.27	-6.28	-6.24	-6.19	-5.03	-4.39
Financing Cash Flow	46.64	42.39	-70.15	739.49	170.55	355
Net Cash Flow	4.02	38.37	-86.52	11	-64.92	331.55
Free Cash Flow	34.12	29.32	29.88	77.71	34.56	-1.51
Free Cash Flow Growth	16.35%	-1.87%	-61.55%	124.87%	-	-
FCF Margin	36.19%	45.55%	30.35%	84.15%	46.95%	-3.02%
Free Cash Flow Per Share	4.38	3.79	3.91	10.17	-	-
Levered Free Cash Flow	30.96	5.65	29.02	107.86	42.86	-8.54
Unlevered Free Cash Flow	1.94	-4.12	-7.65	36.08	7.36	-14.44

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

SEC Filings: 10-K · 10-Q