Bankwell Financial Group (BWFG) to Release Earnings on Wednesday

Bankwell Financial Group (NASDAQ:BWFG - Get Free Report) is set to issue its quarterly earnings data on Wednesday, April 24th.

Bankwell Financial Group (NASDAQ:BWFG - Get Free Report) last announced its quarterly earnings results on Wednesday, January 24th. The bank reported $1.09 EPS for the quarter. The business had revenue of $23.37 million for the quarter. Bankwell Financial Group had a return on equity of 14.45% and a net margin of 18.97%.

Bankwell Financial Group Price Performance

BWFG stock traded down $0.26 during trading on Tuesday, hitting $25.07. The company had a trading volume of 6,779 shares, compared to its average volume of 12,187. The company has a fifty day moving average price of $25.16 and a two-hundred day moving average price of $26.47. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.60. The company has a market cap of $198.30 million, a P/E ratio of 5.35 and a beta of 0.78. Bankwell Financial Group has a fifty-two week low of $21.22 and a fifty-two week high of $30.83.

Bankwell Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Tuesday, February 13th were given a dividend of $0.20 per share. The ex-dividend date was Monday, February 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.19%. Bankwell Financial Group's payout ratio is currently 17.06%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods dropped their target price on Bankwell Financial Group from $35.00 to $34.00 and set an "outperform" rating for the company in a research report on Tuesday, January 30th.

About Bankwell Financial Group

Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans.