Bankwell Financial Group, Inc. Aktie News

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per shar...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $1.04 per share, for the same period in 2022. For the year ended 2023, net income totaled $36.7 million, or $4.67 per share, versus $37.4 million, or $4.79 per share, for the same period in 2022. Th...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $9.8 million, or $1.25 per share for the third quarter of 2023, versus $9.2 million, or $1.18 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 20, 2023 to shareholders of record on November 10, 2023. We r...

Renowned investor SEIDMAN LAWRENCE B (Trades, Portfolio) recently increased his stake in Bankwell Financial Group Inc ( BWFG , Financial), according to a 13DG filing. This article provides an in-depth analysis of the transaction, the guru's profile, and the company's performance metrics.

Insiders at Peapack-Gladstone and Bankwell Financial scooped up shares in March as the banking sector tanked after SVB's collapse.

The deposit mix has worsened more than I previously expected. As a result, I've reduced my margin estimate for 2023. Loan growth will likely plunge from the phenomenal level achieved in 2022. However, strength in regional markets will likely keep growth from falling too low.

The rapid rise in interest rates will hurt the net interest margin as liability repricing will outweigh asset repricing. Connecticut's economic activity will likely keep loan growth at an elevated level.

Bankwell Financial is a Connecticut-based local bank with almost $2.5B in assets on the balance sheet.