Bankwell Financial Group, Inc. (BWFG)
Nasdaq · State Commercial Banks · Finance, insurance and real estate · CIK 1505732 · fiscal year ends in Dec
Closing price $69.66 on 29 Oct 2026; 52-week range $42.93 to $69.66.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $121.8M
- Revenue growth
- 31.6%
- Net income, last twelve months
- $42.9M
- Earnings per share
- $5.35
- Net margin
- 35.2%
- Free cash flow
- $34.5M
- Return on equity
- 13.3%
- Market value
- $555.4M
- Price to earnings
- 13.0x
- Dividend yield
- 1.1%
- Cash
- $203.4M
- Debt
- $99.8M
- Debt to equity
- 0.31
- Shares outstanding
- 8.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $108.3M | – | $35.2M | $4.45 | $27.1M | 10-K filed 4 Mar 2026 |
| FY2024 | 31 Dec 2024 | $87.0M | – | $9.8M | $1.23 | $29.3M | 10-K filed 5 Mar 2025 |
| FY2023 | 31 Dec 2023 | $99.3M | – | $36.7M | $4.67 | $29.9M | 10-K filed 12 Mar 2024 |
| FY2022 | 31 Dec 2022 | $97.8M | – | $37.4M | $4.79 | $77.7M | 10-K filed 8 Mar 2023 |
| FY2021 | 31 Dec 2021 | $73.5M | – | $26.6M | $3.36 | – | 10-K filed 8 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $32.8M | $12.4M | $1.52 |
| Q1 FY2026 | 31 Mar 2026 | $30.2M | $11.3M | $1.41 |
| Q4 FY2025 | 31 Dec 2025 | $30.3M | $9.1M | $1.15 |
| Q3 FY2025 | 30 Sep 2025 | $28.5M | $10.1M | $1.27 |
| Q2 FY2025 | 30 Jun 2025 | $25.9M | $9.1M | $1.15 |
| Q1 FY2025 | 31 Mar 2025 | $23.6M | $6.9M | $0.87 |
| Q4 FY2024 | 31 Dec 2024 | $21.2M | $3.0M | $0.37 |
| Q3 FY2024 | 30 Sep 2024 | $21.9M | $1.9M | $0.24 |
Company events
The newest 8-K filings of 118 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 29 Oct 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 23 Jul 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 20 May 2026 | 8-K | Shareholder vote | 5.07 |
| 22 Apr 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 29 Jan 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 23 Oct 2025 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 28 Jul 2025 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 21 May 2025 | 8-K | Shareholder vote | 5.07 |
| 23 Apr 2025 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 3 Feb 2025 | 8-K | Other events | 8.01, 9.01 |
| 22 Jan 2025 | 8-K | Results, Leadership change, Investor update, Other events | 2.02, 5.02, 7.01, 8.01, 9.01 |
| 23 Dec 2024 | 8-K | Material agreement | 1.01, 9.01 |
Every filing
The newest filings with the SEC of 234 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | 8-K | 29 Oct 2026 |
| 5 Aug 2026 | 10-Q | 30 Jun 2026 |
| 23 Jul 2026 | 8-K | 23 Jul 2026 |
| 20 May 2026 | 8-K | 20 May 2026 |
| 6 May 2026 | 10-Q | 31 Mar 2026 |
| 22 Apr 2026 | 8-K | 22 Apr 2026 |
| 7 Apr 2026 | DEF 14A | 31 Dec 2025 |
| 7 Apr 2026 | DEFA14A | – |
| 4 Mar 2026 | 10-K | 31 Dec 2025 |
| 29 Jan 2026 | 8-K | 29 Jan 2026 |
| 5 Nov 2025 | 10-Q | 30 Sep 2025 |
| 23 Oct 2025 | 8-K | 23 Oct 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 266 | $67.11 | $17.9K | 5,110 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 1,956 | $66.92 | $130.9K | 225,640 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 510 | $66.95 | $34.1K | 142,848 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 432 | $66.95 | $28.9K | 178,784 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 1,304 | $66.92 | $87.3K | 133,274 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 515 | $66.94 | $34.5K | 137,253 | 9 Sep 2026 |
| 8 Sep 2026 | Seidman Lawrence B, Director | Purchase | 283 | $66.98 | $19.0K | 25,604 | 9 Sep 2026 |
| 8 Sep 2026 | Dale Eric J, Director | Purchase | 530 | $67.11 | $35.6K | 43,026 | 9 Sep 2026 |
| 8 Sep 2026 | Dunne Jeffrey R, Director | Purchase | 261 | $67.11 | $17.5K | 6,381 | 9 Sep 2026 |
| 8 Sep 2026 | Drexler Blake S, Director | Purchase | 116 | $67.11 | $7.8K | 37,049 | 9 Sep 2026 |
| 8 Sep 2026 | Porto Carl M, Director | Purchase | 327 | $67.11 | $21.9K | 22,397 | 9 Sep 2026 |
| 25 Aug 2026 | Seidman Lawrence B, Director | Purchase | 994 | $65.89 | $65.5K | 223,684 | 26 Aug 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 4 Aug 2026 | Hildebrand Ryan Jason, Chief Innovation Officer | 2,246 | $149.9K | 31 Jul 2026 |
| 1 Jul 2026 | Hildebrand Ryan Jason, Chief Innovation Officer | 1,088 | $63.6K | 1 Jul 2026 |
| 5 Jun 2026 | TODD LAMPERT, Director | 3,500 | $187.6K | 5 Jun 2026 |
| 1 May 2026 | Chivily Christine, Officer | 4,321 | $225.2K | 1 May 2026 |
| 9 Feb 2026 | Sacchetti Courtney E, Officer, EVP CHIEF FINANCIAL OFFICER | 1,062 | $52.9K | 9 Feb 2026 |
| 9 Feb 2026 | Brunner Steven H, EVP & Chief Risk Officer | 1,876 | $93.5K | 9 Feb 2026 |
| 9 Feb 2026 | Chivily Christine, EVP & Chief Credit Officer | 1,985 | $98.9K | 9 Feb 2026 |
| 9 Feb 2026 | McNeill Matt, Officer, PRESIDENT AND CBO | 3,794 | $189.1K | 9 Feb 2026 |
| 9 Feb 2026 | Gruseke Christopher R, CEO | 5,056 | $251.7K | 9 Feb 2026 |
| 14 Nov 2025 | Chivily Christine, Officer | 2,533 | $116.2K | 12 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Oct 2026 | BlackRock, Inc. | 13G amended | 4.8% | 383.5K |
| 27 Jul 2026 | BlackRock, Inc. | 13G | 5.2% | 416.4K |
| 27 Apr 2026 | BlackRock, Inc. | 13G amended | 4.9% | 394.2K |
| 21 Jan 2026 | BlackRock, Inc. | 13G | 5.2% | 409.4K |
| 18 Dec 2025 | George P. Bauer | 13D amended | 4.98% | 392.2K |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 618.9K | +8% | 12.42 |
| 30 Sep 2026 | 573.0K | +9.71% | 6.69 |
| 15 Sep 2026 | 522.3K | +9.08% | 7.38 |
| 31 Aug 2026 | 478.8K | +15.17% | 8.29 |
| 14 Aug 2026 | 415.8K | +4.92% | 7.08 |
| 31 Jul 2026 | 396.2K | +21.94% | 4.66 |
| 15 Jul 2026 | 324.9K | +12.69% | 3.84 |
| 30 Jun 2026 | 288.3K | +24.5% | 2.62 |
Funds that hold it
From each fund's latest Form 13F.
135 funds held it at 30 Jun 2026: 71 added and 32 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 493,180 | $29.0M | +12,875 |
| Dimensional Fund Advisors LP | 329,747 | $19.4M | +10,506 |
| Vanguard Capital Management LLC | 277,398 | $16.3M | -5,514 |
| Acadian Asset Management LLC | 232,761 | $13.7M | +68,083 |
| Geode Capital Management, LLC | 167,476 | $9.8M | +11,260 |
| Pacific Ridge Capital Partners, LLC | 166,709 | $9.8M | -1,291 |
| American Century Companies Inc. | 158,198 | $9.3M | +52,207 |
| State Street Corp. | 146,182 | $8.6M | +15,356 |
| Two Sigma Investments, LP | 118,419 | $7.0M | +33,349 |
| Siena Capital Partners GP, LLC | 116,138 | $6.8M | 0 |
Peers
Companies in the same industry.
- Bank of Nova Scotia (BNS): revenue $27.0B, market value $118.0B
- Bank of New York Mellon Corp. (BNY): revenue $21.4B, market value $101.3B
- Itaú Unibanco Holding S.A. (ITUB): revenue $30.1B, market value $81.3B
- Fifth Third Bancorp (FITB): revenue $10.7B, market value $49.4B
- State Street Corp. (STT): revenue $15.5B, market value $47.4B
- M&T Bank Corp. (MTB): revenue $10.0B, market value $32.4B
- Northern Trust Corp. (NTRS): revenue $9.3B, market value $31.3B
- Banco Bradesco S.A. (BBD): revenue –, market value $27.8B
- Citizens Financial Group Inc. (CFG): revenue $8.9B, market value $27.7B
- First Citizens Bancshares Inc. (FCNCA): revenue $9.6B, market value $27.5B