About Bankwell Financial Group (NASDAQ:BWFG)
Bankwell Financial Group, Inc. is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut. The Bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans (such as business term loans, equipment financing and lines of credit) to small and mid-sized businesses, and real estate construction and development loans. The Bank's retail lending products include residential mortgage loans, home equity lines of credit and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, negotiable order of withdrawal (NOW) and time deposits.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:BWFG
- CUSIP: N/A
- Web: www.mybankwell.com
- Market Cap: $283.35 million
- Outstanding Shares: 7,570,000
- 50 Day Moving Avg: $35.54
- 200 Day Moving Avg: $33.73
- 52 Week Range: $23.50 - $38.50
Sales & Book Value:
- Trailing P/E Ratio: 20.67
- Foreward P/E Ratio: 15.86
- P/E Growth: 0.00
- Annual Revenue: $52.53 million
- Price / Sales: 5.39
- Book Value: $20.29 per share
- Price / Book: 1.84
- Annual Dividend: $0.28
- Dividend Yield: 0.7%
- Net Margins: 20.74%
- Return on Equity: 10.06%
- Return on Assets: 0.89%
- Debt-to-Equity Ratio: 1.14%
- Current Ratio: 1.09%
- Quick Ratio: 1.09%
- Average Volume: 17,117 shs.
- Beta: 0.58
- Short Ratio: 2.81
Frequently Asked Questions for Bankwell Financial Group (NASDAQ:BWFG)
What is Bankwell Financial Group's stock symbol?
Bankwell Financial Group trades on the NASDAQ under the ticker symbol "BWFG."
How often does Bankwell Financial Group pay dividends? What is the dividend yield for Bankwell Financial Group?
Bankwell Financial Group announced a quarterly dividend on Thursday, October 19th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.07 per share on Monday, November 27th. This represents a $0.28 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, November 16th. View Bankwell Financial Group's Dividend History.
How were Bankwell Financial Group's earnings last quarter?
Bankwell Financial Group, Inc. (NASDAQ:BWFG) issued its quarterly earnings data on Wednesday, January, 25th. The company reported $0.43 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.43. The firm earned $13.69 million during the quarter. Bankwell Financial Group had a return on equity of 10.06% and a net margin of 20.74%. View Bankwell Financial Group's Earnings History.
When will Bankwell Financial Group make its next earnings announcement?
Where is Bankwell Financial Group's stock going? Where will Bankwell Financial Group's stock price be in 2017?
1 analysts have issued twelve-month price objectives for Bankwell Financial Group's shares. Their predictions range from $37.00 to $37.00. On average, they anticipate Bankwell Financial Group's share price to reach $37.00 in the next year. View Analyst Ratings for Bankwell Financial Group.
Who are some of Bankwell Financial Group's key competitors?
Some companies that are related to Bankwell Financial Group include First Defiance Financial Corp. (FDEF), Southwest Bancorp (OKSB), Allegiance Bancshares (ABTX), Blue Hills Bancorp (BHBK), HomeTrust Bancshares (HTBI), Independent Bank Corporation (IBCP), United Community Financial Corp. (UCFC), The Bancorp (TBBK), Atlantic Capital Bancshares (ACBI), Franklin Financial Network (FSB), CNB Financial Corporation (CCNE), Enterprise Bancorp (EBTC), Capital City Bank Group (CCBG), Farmers National Banc Corp. (FMNB), Equity Bancshares (EQBK), First Connecticut Bancorp (FBNK), Bear State Financial (BSF) and Sierra Bancorp (BSRR).
Who are Bankwell Financial Group's key executives?
Bankwell Financial Group's management team includes the folowing people:
- Blake S. Drexler, Outside Chairman of the Board
- Christopher R Gruseke, President, Chief Executive Officer, Director
- Penko Krassimir Ivanov, Chief Financial Officer, Executive Vice President
- Heidi S. DeWyngaert, Executive Vice President, Chief Lending Officer
- Todd Lampert Esq., Corporate Secretary, Independent Director
- Gail E.D. Brathwaite, Director
- Carl Michael Porto II, Director
- Frederick R. Afragola, Independent Director
- George P. Bauer, Independent Director
- Michael J. Brandt, Independent Director
How do I buy Bankwell Financial Group stock?
Shares of Bankwell Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bankwell Financial Group's stock price today?
MarketBeat Community Rating for Bankwell Financial Group (NASDAQ BWFG)MarketBeat's community ratings are surveys of what our community members think about Bankwell Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Bankwell Financial Group stock can currently be purchased for approximately $37.43.
Consensus Ratings for Bankwell Financial Group (NASDAQ:BWFG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$37.00 (1.15% downside)|Consensus Price Target History for Bankwell Financial Group (NASDAQ:BWFG)
Analysts' Ratings History for Bankwell Financial Group (NASDAQ:BWFG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/27/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$37.00||High|
Earnings History for Bankwell Financial Group (NASDAQ:BWFG)Earnings History by Quarter for Bankwell Financial Group (NASDAQ BWFG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/24/2017|| || || || || || || || |
|1/25/2017||Q4 2016||$0.43||$0.43||$13.69 million||View||N/A|
|10/26/2016||Q3 2016||$0.39||$0.41||$13.28 million||View||N/A|
|4/27/2016||Q1 2016||$0.35||$0.40||$12.07 million||View||N/A|
|1/27/2016||Q4 2015||$0.34||$0.35||$12.08 million||View||N/A|
|10/29/2015||Q3 2015||$0.28||$0.31||$12.13 million||View||N/A|
|7/31/2014||Q2 2014||$0.19||$0.25||$7.83 million||View||N/A|
Earnings Estimates for Bankwell Financial Group (NASDAQ:BWFG)
Current Year EPS Consensus Estimate: $2.06 EPS
Next Year EPS Consensus Estimate: $2.36 EPS
Current Dividend Information for Bankwell Financial Group (NASDAQ:BWFG)
|Payout Ratio:||14.36% (Trailing 12 Months of Earnings) |
13.59% (Based on This Year's Estimates)
11.86% (Based on Next Year's Estimates)
Dividend History by Quarter for Bankwell Financial Group (NASDAQ BWFG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Bankwell Financial Group (NASDAQ:BWFG)
Insider Ownership Percentage: 22.37%Insider Trades by Quarter for Bankwell Financial Group (NASDAQ:BWFG)
Institutional Ownership Percentage: 47.56%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/22/2017||Todd Lampert||Director||Sell||2,250||$33.93||$76,342.50|| |
|9/18/2017||David P Dineen||EVP||Sell||1,218||$35.77||$43,567.86|| |
|8/16/2017||Penko Krassimir Ivanov||CFO||Buy||33||$32.40||$1,069.20|| |
|8/9/2017||James A Fieber||Director||Sell||7,144||$33.10||$236,466.40|| |
|8/8/2017||James A Fieber||Director||Sell||2,856||$33.13||$94,619.28|| |
|5/30/2017||Penko Krassimir Ivanov||CFO||Buy||80||$31.65||$2,532.00|| |
|5/15/2017||James A Fieber||Director||Sell||7,000||$36.10||$252,700.00|| |
|3/24/2017||Penko Krassimir Ivanov||CFO||Buy||390||$30.50||$11,895.00|| |
|3/24/2017||Todd Lampert||Director||Sell||3,898||$30.86||$120,292.28|| |
|3/22/2017||Carl M Porto||Director||Buy||1,500||$31.50||$47,250.00|| |
|3/21/2017||James A Fieber||Director||Sell||9,662||$33.89||$327,445.18|| |
|3/2/2017||James A Fieber||Director||Sell||3,238||$33.17||$107,404.46|| |
|12/19/2016||George P Bauer||Director||Sell||6,905||$31.94||$220,545.70|| |
|12/13/2016||James A Fieber||Director||Sell||10,000||$31.07||$310,700.00|| |
|12/8/2016||Christine Chivily||EVP||Sell||1,200||$30.13||$36,156.00|| |
|12/6/2016||Todd Lampert||Director||Sell||4,125||$29.24||$120,615.00|| |
|12/5/2016||James A Fieber||Director||Sell||10,000||$29.00||$290,000.00|| |
|6/3/2016||Christopher R Gruseke||CEO||Buy||1,000||$21.35||$21,350.00|| |
|5/25/2016||Carl M Porto||Director||Buy||6,326||$21.79||$137,843.54|| |
|5/10/2016||James A Fieber||Director||Buy||100||$21.18||$2,118.00|| |
|3/24/2016||Todd Lampert||Director||Sell||1,500||$19.67||$29,505.00|| |
|2/1/2016||Carl M Porto||Director||Buy||2,500||$19.50||$48,750.00|| |
|2/1/2016||Ernest J. Sr Verrico, Sr.||CFO||Buy||2,000||$19.50||$39,000.00|| |
|11/23/2015||Christopher R. Gruseke||CEO||Buy||5,500||$19.48||$107,140.00|| |
|6/18/2015||James A Fieber||Director||Buy||1,535||$17.95||$27,553.25|| |
|6/10/2015||Christopher R Gruseke||CEO||Buy||1,000||$17.98||$17,980.00|| |
|5/28/2015||Christopher R Gruseke||CEO||Buy||1,900||$18.42||$34,998.00|| |
|3/13/2015||Christopher Gruseke||CEO||Buy||3,000||$18.76||$56,280.00|| |
|5/15/2014||Gail E D Brathwaite||COO||Buy||25,000||$18.00||$450,000.00|| |
|5/15/2014||George P Bauer||Director||Buy||138,889||$18.00||$2,500,002.00|| |
Headline Trends for Bankwell Financial Group (NASDAQ:BWFG)
Latest Headlines for Bankwell Financial Group (NASDAQ:BWFG)
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Bankwell Financial Group (BWFG) Chart for Monday, October, 23, 2017