Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides a range of banking 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 mid-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.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone203-652-0166
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$83.96 million
Profitability
Miscellaneous
Employees142
Next Earnings Date1/29/2020 (Estimated)
OptionableNot Optionable
Bankwell Financial Group (NASDAQ:BWFG) Frequently Asked Questions
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 Wednesday, October 30th. Investors of record on Friday, November 15th will be paid a dividend of $0.13 per share on Monday, November 25th. This represents a $0.52 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, November 14th. 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, October, 30th. The bank reported $0.52 EPS for the quarter, missing the consensus estimate of $0.55 by $0.03. The bank earned $14.56 million during the quarter, compared to the consensus estimate of $14.70 million. Bankwell Financial Group had a return on equity of 11.03% and a net margin of 20.15%. View Bankwell Financial Group's Earnings History.
When is Bankwell Financial Group's next earnings date?
What price target have analysts set for BWFG?
1 analysts have issued 1-year target prices for Bankwell Financial Group's shares. Their forecasts range from $34.00 to $34.00. On average, they expect Bankwell Financial Group's share price to reach $34.00 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Bankwell Financial Group.
What is the consensus analysts' recommendation for Bankwell Financial Group?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bankwell Financial Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bankwell Financial Group.
Has Bankwell Financial Group been receiving favorable news coverage?
Media headlines about BWFG stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bankwell Financial Group earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Bankwell Financial Group.
Are investors shorting Bankwell Financial Group?
Bankwell Financial Group saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 121,300 shares, a drop of 6.1% from the October 31st total of 129,200 shares. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is presently 11.2 days. Approximately 1.9% of the shares of the company are short sold. View Bankwell Financial Group's Current Options Chain.
Who are some of Bankwell Financial Group's key competitors?
Some companies that are related to Bankwell Financial Group include Triumph Bancorp (TBK), Washington Trust Bancorp (WASH), German American Bancorp. (GABC), ConnectOne Bancorp (CNOB), Great Southern Bancorp (GSBC), TrustCo Bank Corp NY (TRST), Horizon Bancorp (HBNC), Oritani Financial (ORIT), Lakeland Bancorp (LBAI), Preferred Bank (PFBC), Origin Bancorp (OBNK), Central Pacific Financial (CPF), Community Trust Bancorp (CTBI), Bryn Mawr Bank (BMTC) and HomeStreet (HMST).
What other stocks do shareholders of Bankwell Financial Group own?
Who are Bankwell Financial Group's key executives?
Bankwell Financial Group's management team includes the folowing people:
- Mr. Christopher R. Gruseke, Pres, CEO & Director (Age 59)
- Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 50)
- Mr. Todd H. Lampert, Director & Corp. Sec. (Age 56)
- Ms. Heidi S. DeWyngaert, Exec. VP & Chief Lending Officer (Age 63)
- Scott Messina, First VP & Chief Information Officer
Who are Bankwell Financial Group's major shareholders?
Bankwell Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.38%), Millennium Management LLC (0.21%), Rhumbline Advisers (0.13%), Russell Investments Group Ltd. (0.09%), Bourgeon Capital Management LLC (0.07%) and Barclays PLC (0.04%). Company insiders that own Bankwell Financial Group stock include Christopher R Gruseke, David P Dineen, Heidi Dewyngaert, Laura Waitz, Penko Krassimir Ivanov and Todd Lampert. View Institutional Ownership Trends for Bankwell Financial Group.
Which major investors are selling Bankwell Financial Group stock?
BWFG stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC and Barclays PLC. Company insiders that have sold Bankwell Financial Group company stock in the last year include Heidi Dewyngaert, Laura Waitz and Todd Lampert. View Insider Buying and Selling for Bankwell Financial Group.
Which major investors are buying Bankwell Financial Group stock?
BWFG stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Russell Investments Group Ltd., Bourgeon Capital Management LLC, FNY Investment Advisers LLC and Rhumbline Advisers. Company insiders that have bought Bankwell Financial Group stock in the last two years include Christopher R Gruseke, Penko Krassimir Ivanov and Todd Lampert. View Insider Buying and Selling 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 $29.30.
How big of a company is Bankwell Financial Group?
Bankwell Financial Group has a market capitalization of $229.74 million and generates $83.96 million in revenue each year. The bank earns $17.43 million in net income (profit) each year or $2.39 on an earnings per share basis. Bankwell Financial Group employs 142 workers across the globe.View Additional Information About Bankwell Financial Group.
What is Bankwell Financial Group's official website?
How can I contact Bankwell Financial Group?
Bankwell Financial Group's mailing address is 208 ELM STREET, NEW CANAAN CT, 06840. The bank can be reached via phone at 203-652-0166 or via email at [email protected]
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 BWFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BWFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
