NASDAQ:BWFG - Bankwell Financial Group Stock Price, News, & Analysis

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$29.13 -0.09 (-0.31 %)
(As of 03/19/2019 01:39 AM ET)
Previous Close$29.22
Today's Range$29.14 - $29.72
52-Week Range$26.39 - $35.13
Volume7,609 shs
Average Volume22,106 shs
Market Capitalization$228.67 million
P/E Ratio12.19
Dividend Yield1.78%
Beta0.4
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 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. It operates through a network of nine branches. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:BWFG
CUSIPN/A
Phone203-652-0166

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$83.96 million
Cash Flow$2.5553 per share
Book Value$22.21 per share

Profitability

Net Income$17.43 million

Miscellaneous

EmployeesN/A
Market Cap$228.67 million
Next Earnings Date4/24/2019 (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 Thursday, January 31st. Shareholders of record on Friday, February 15th will be paid a dividend of $0.13 per share on Monday, February 25th. This represents a $0.52 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Thursday, February 14th. This is an increase from Bankwell Financial Group's previous quarterly dividend of $0.12. View Bankwell Financial Group's Dividend History.

How were Bankwell Financial Group's earnings last quarter?

Bankwell Financial Group Inc (NASDAQ:BWFG) announced its earnings results on Wednesday, January, 30th. The bank reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.03. The bank had revenue of $15.07 million for the quarter, compared to analyst estimates of $15 million. Bankwell Financial Group had a net margin of 20.76% and a return on equity of 11.01%. View Bankwell Financial Group's Earnings History.

When is Bankwell Financial Group's next earnings date?

Bankwell Financial Group is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Bankwell Financial Group.

What price target have analysts set for BWFG?

3 brokers have issued 1 year price objectives for Bankwell Financial Group's stock. Their forecasts range from $34.00 to $37.00. On average, they anticipate Bankwell Financial Group's share price to reach $35.50 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Bankwell Financial Group.

What is the consensus analysts' recommendation for Bankwell Financial Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bankwell Financial Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bankwell Financial Group.

What are Wall Street analysts saying about Bankwell Financial Group stock?

Here are some recent quotes from research analysts about Bankwell Financial Group stock:
  • 1. According to Zacks Investment Research, "Bankwell Financial Group, Inc. is a commercial bank which serves residents and businesses primarily in Fairfield and New Haven Counties, CT. It offers checking, savings, money market accounts; demand and NOW deposits, certificates of deposit, commercial lending products as well as electronic banking and online banking services. Bankwell Financial Group, Inc. is headquartered in New Canaan, Connecticut. " (3/13/2019)
  • 2. Boenning Scattergood analysts commented, "We maintain our Outperform rating. We are revising our price target to $34 (from $36.50) to account for the recent contraction in industry multiples." (11/1/2018)

Has Bankwell Financial Group been receiving favorable news coverage?

News headlines about BWFG stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bankwell Financial Group earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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 Cognizant Technology Solutions (CTSH), SM Energy (SM), Welltower (WELL), Unilever (UNIA), iShares MBS ETF (MBB), Prosiebensat 1 Media (PSM), Cimarex Energy (XEC), Amedisys (AMED), WidePoint (WYY) and Molina Healthcare (MOH).

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, Corp. Sec. & Director (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 retail and institutional investors. Top institutional shareholders include Seidman Lawrence B (7.30%), BlackRock Inc. (4.05%), Siena Capital Partners GP LLC (1.69%), Perritt Capital Management Inc. (1.35%), Dimensional Fund Advisors LP (1.27%) and Dimensional Fund Advisors LP (1.27%). Company insiders that own Bankwell Financial Group stock include Blake S Drexler, Carl M Porto, Christopher R Gruseke, David P Dineen, Heidi Dewyngaert, James A Fieber, 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, Perritt Capital Management Inc., Siena Capital Partners GP LLC and New York State Common Retirement Fund. Company insiders that have sold Bankwell Financial Group company stock in the last year include David P Dineen, 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 Seidman Lawrence B, Summit Trail Advisors LLC, Clover Partners L.P., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, BlackRock Inc., Janney Montgomery Scott LLC and Rhumbline Advisers. Company insiders that have bought Bankwell Financial Group stock in the last two years include Blake S Drexler, Carl M Porto, 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, Scottrade, Fidelity and Charles Schwab.

What is Bankwell Financial Group's stock price today?

One share of BWFG stock can currently be purchased for approximately $29.13.

How big of a company is Bankwell Financial Group?

Bankwell Financial Group has a market capitalization of $228.67 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.

What is Bankwell Financial Group's official website?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  239
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.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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