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Companies / Financials / Bankwell Financial Group, Inc.
BWFG

Bankwell Financial Group, Inc.

FinancialsBanks & Brokers
Ticker BWFGNEW CANAAN, CTFiscal year ends DecemberBook value per share $42.24Diluted shares 7.9M

Bankwell Financial Group, Inc. (Nasdaq: BWFG) is a bank holding company that provides financial services through its Connecticut-chartered subsidiary, Bankwell Bank. The bank serves small and medium-sized businesses, middle-market companies, not-for-profit organizations, professionals and individual clients, primarily… From the company’s description.

Over the twelve months to Sep 30, 2026, Bankwell Financial Group, Inc. reported revenue of $128.66M, up 29.7% from a year earlier, and net income of $45.53M. Its pre-tax margin was 47.9%. In fiscal 2025, it reported revenue of $108.32M, up 24.5% from fiscal 2024, and net income of $35.20M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$108.32MFY2025
+24.5% year over year
Last 12 mo $128.66M
44.77%FY2025
+29.4 percentage points
Last 12 mo 47.93%
$35.20MFY2025
+260.3% year over year
Last 12 mo $45.53M
11.67%FY2025
+8.1 percentage points
Last 12 mo 13.63%
Cash & financing
$28.27MFY2025
−5.6% year over year
Last 12 mo $38.45M
$27.13MFY2025
−7.5% year over year
Last 12 mo $36.80M
9.75FY2025
Was 10.64× a year earlier
Last 12 mo 9.26
7.8MFY2025
+1.1% year over year
Last 12 mo 7.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bankwell Financial Group, Inc. does

In the company’s own words

Bankwell Financial Group, Inc. (Nasdaq: BWFG) is a bank holding company that provides financial services through its Connecticut-chartered subsidiary, Bankwell Bank. The bank serves small and medium-sized businesses, middle-market companies, not-for-profit organizations, professionals and individual clients, primarily across Connecticut and nearby areas, while pursuing some commercial opportunities beyond its branch footprint. Its offerings include commercial real estate, construction and business loans; checking, savings, money market and certificate-of-deposit accounts; and online and mobile banking. The company operates as a single banking business, with nine full-service branches in Connecticut at year-end 2025 and a Brooklyn branch opened in early 2026; it also has limited-service representative offices in Connecticut and New York. At December 31, 2025, it had approximately $3.4 billion in assets and 167 full-time equivalent employees. Bankwell Bank was founded in 2002; the company later expanded through acquisitions of The Wilton Bank in 2013 and Quinnipiac Bank and Trust Company in 2014. Bankwell Direct is its online account-opening channel. Its website is https://www.mybankwell.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
NEW CANAAN, CT
Fiscal year end
December
CIK
1505732
SIC
6022

Financial performance, year by year

Fiscal 2014–2025 · USD
$-12.87M$25.73M$64.33M$102.93M$141.53M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bankwell Financial Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

159
funds hold it
0 of 35
superinvestors hold it
$87.82M
held by funds, at market
19.8%
of shares held by funds

Largest fund holders · Bankwell Financial Group, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
College Retirement Equities Fund - Total Global Stock Account
QCSTRX · College Retirement Equities Fund
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Bankwell Financial Group, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Bankwell Financial Group, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Bankwell Financial Group, Inc.'s last four quarterly filings that the numbers alone won't show?”
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