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NASDAQ:BWFG

Bankwell Financial Group Stock Forecast, Price & News

$18.29
-0.45 (-2.40 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$18.22
Now: $18.29
$18.60
50-Day Range
$15.06
MA: $16.52
$19.14
52-Week Range
$12.07
Now: $18.29
$30.00
Volume4,700 shs
Average Volume18,530 shs
Market Capitalization$144.44 million
P/E Ratio15.90
Dividend Yield3.06%
Beta0.74
Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides a range of banking products and services to commercial and consumer customers in Connecticut. It accepts checking, savings, and money market accounts; and time, demand, and NOW deposits, as well as certificates of deposit. The company also provides commercial lending products, including residential real estate loans, owner-occupied commercial real estate loans, commercial real estate investment loans, business term loans, equipment financing, and lines of credit to small and medium-sized businesses, as well as real estate construction and development loans; and consumer loans, such as loans secured by savings or certificate accounts, or automobiles, as well as unsecured personal loans and overdraft lines of credit. It operates through a network of 12 branches. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. The company was founded in 2002 and is headquartered in New Canaan, Connecticut.
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Bankwell Financial Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.04 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:BWFG
CUSIPN/A
Phone203-652-0166
Employees152

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$88.19 million
Cash Flow$2.65 per share
Book Value$22.07 per share

Profitability

Net Income$18.22 million

Miscellaneous

Market Cap$144.44 million
Next Earnings Date1/25/2021 (Estimated)
OptionableNot Optionable
$18.29
-0.45 (-2.40 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bankwell Financial Group (NASDAQ:BWFG) Frequently Asked Questions

How has Bankwell Financial Group's stock been impacted by Coronavirus?

Bankwell Financial Group's stock was trading at $19.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BWFG shares have decreased by 8.5% and is now trading at $18.29.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than Bankwell Financial Group?

Wall Street analysts have given Bankwell Financial Group a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bankwell Financial Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Bankwell Financial Group's next earnings date?

Bankwell Financial Group is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Bankwell Financial Group
.

How were Bankwell Financial Group's earnings last quarter?

Bankwell Financial Group, Inc. (NASDAQ:BWFG) announced its quarterly earnings data on Wednesday, October, 28th. The bank reported $0.38 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.07. Bankwell Financial Group had a return on equity of 5.19% and a net margin of 11.08%.
View Bankwell Financial Group's earnings history
.

How often does Bankwell Financial Group pay dividends? What is the dividend yield for Bankwell Financial Group?

Bankwell Financial Group declared a quarterly dividend on Wednesday, October 28th. Investors of record on Friday, November 13th will be given a dividend of $0.14 per share on Monday, November 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Thursday, November 12th.
View Bankwell Financial Group's dividend history
.

Who are some of Bankwell Financial Group's key competitors?

What other stocks do shareholders of Bankwell Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bankwell Financial Group investors own include ONEOK (OKE), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Philip Morris International (PM), Wells Fargo & Company (WFC), Algonquin Power & Utilities (AQN), Carnival Co. & (CCL), Cinemark (CNK) and CenterPoint Energy (CNP).

Who are Bankwell Financial Group's key executives?

Bankwell Financial Group's management team includes the following people:
  • Mr. Christopher R. Gruseke, Pres, CEO & Director (Age 60, Pay $779.4k)
  • Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 51, Pay $396.41k)
  • Ms. Christine A. Chivily, Exec. VP, Chief Risk Officer & Chief Credit Officer (Age 61, Pay $369.26k)
  • Mr. Todd H. Lampert, Independent Director & Corp. Sec. (Age 57, Pay $80.77k)
  • Scott Messina, Sr. VP & Chief Information Officer
  • Ms. Laura Waitz, Exec. VP & Chief of Staff (Age 57)
  • Ms. Shawn T. Gelin, Sr. VP & Director of Community Banking Operations
  • Mr. Robert J. Palermo, Sr. VP & CRE Team Leader
  • Robert E. Mallozzi, Sr. VP & Bus. Devel. Officer
  • Nancy Abels Caccia, Sr. VP & Chief of Retail Banking Staff

What is Bankwell Financial Group's stock symbol?

Bankwell Financial Group trades on the NASDAQ under the ticker symbol "BWFG."

Who are Bankwell Financial Group's major shareholders?

Bankwell Financial Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.02%), Banc Funds Co. LLC (3.36%), State Street Corp (1.36%), JPMorgan Chase & Co. (0.50%), Wells Fargo & Company MN (0.36%) and Acadian Asset Management LLC (0.28%). Company insiders that own Bankwell Financial Group stock include Blake S Drexler, Daniel S Jones, Eric J Dale, Heidi Dewyngaert, James M Garnett Jr, Laura Waitz, Lawrence B Seidman, Richard Castiglioni and Todd Lampert.
View institutional ownership trends for Bankwell Financial Group
.

Which institutional investors are selling Bankwell Financial Group stock?

BWFG stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., BlackRock Inc., Acadian Asset Management LLC, Morgan Stanley, and State Street Corp.
View insider buying and selling activity for Bankwell Financial Group
.

Which institutional investors are buying Bankwell Financial Group stock?

BWFG stock was bought by a variety of institutional investors in the last quarter, including Bourgeon Capital Management LLC. Company insiders that have bought Bankwell Financial Group stock in the last two years include Blake S Drexler, Daniel S Jones, Eric J Dale, James M Garnett Jr, Lawrence B Seidman, and Richard Castiglioni.
View insider buying and selling activity for Bankwell Financial Group
.

How do I buy shares of Bankwell Financial Group?

Shares of BWFG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bankwell Financial Group's stock price today?

One share of BWFG stock can currently be purchased for approximately $18.29.

How big of a company is Bankwell Financial Group?

Bankwell Financial Group has a market capitalization of $144.44 million and generates $88.19 million in revenue each year. The bank earns $18.22 million in net income (profit) each year or $2.31 on an earnings per share basis. Bankwell Financial Group employs 152 workers across the globe.

What is Bankwell Financial Group's official website?

The official website for Bankwell Financial Group is www.mybankwell.com.

How can I contact Bankwell Financial Group?

Bankwell Financial Group's mailing address is 220 ELM STREET, NEW CANAAN CT, 06840. The bank can be reached via phone at 203-652-0166 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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