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.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:BWFG
CUSIPN/A
Phone203-652-0166
Debt
Debt-to-Equity Ratio1.35
Current Ratio1.13
Quick Ratio1.13
Price-To-Earnings
Trailing P/E Ratio16.16
Forward P/E Ratio14.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$75.83 million
Price / Sales3.36
Cash Flow$2.2810 per share
Price / Cash14.27
Book Value$20.86 per share
Price / Book1.56
Profitability
EPS (Most Recent Fiscal Year)$2.03
Net Income$13.83 million
Net Margins18.87%
Return on Equity10.47%
Return on Assets0.93%
Miscellaneous
Employees141
Outstanding Shares7,830,000
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, April 25th. Investors of record on Tuesday, May 15th will be paid a dividend of $0.12 per share on Friday, May 25th. This represents a $0.48 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Monday, May 14th. View Bankwell Financial Group's Dividend History.
How were Bankwell Financial Group's earnings last quarter?
Bankwell Financial Group Inc (NASDAQ:BWFG) released its earnings results on Wednesday, April, 25th. The bank reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.04. The bank earned $15.04 million during the quarter. Bankwell Financial Group had a return on equity of 10.47% and a net margin of 18.87%. View Bankwell Financial Group's Earnings History.
When is Bankwell Financial Group's next earnings date?
What price target have analysts set for BWFG?
2 brokers have issued 12 month price targets for Bankwell Financial Group's shares. Their forecasts range from $41.00 to $41.00. On average, they expect Bankwell Financial Group's share price to reach $41.00 in the next twelve months. 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 Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC), Customers Bancorp (CUBI), Republic Bancorp, Inc. KY Class A (RBCAA), Guaranty Bancorp (GBNK), Carolina Financial (CARO), Origin Bancorp (OBNK), Stock Yards Bancorp (SYBT), Community Trust Bancorp (CTBI), TriCo Bancshares (TCBK), Preferred Bank (PFBC), Central Pacific Financial (CPF), TrustCo Bank Corp NY (TRST), German American Bancorp. (GABC) and ConnectOne Bancorp (CNOB).
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 58)
- Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 49)
- Mr. Todd H. Lampert, Corp. Sec. & Director (Age 55)
- Ms. Heidi S. DeWyngaert, Exec. VP & Chief Lending Officer (Age 62)
- John C. Adams, Chief Information Officer & Sr. VP
Has Bankwell Financial Group been receiving favorable news coverage?
Headlines about BWFG stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bankwell Financial Group earned a media sentiment score of 0.09 on Accern's scale. They also assigned media headlines about the bank an impact score of 47.02 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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 investors include BlackRock Inc. (3.52%), Wasatch Advisors Inc. (1.20%), Elizabeth Park Capital Advisors Ltd. (0.94%), Dimensional Fund Advisors LP (0.61%), Millennium Management LLC (0.30%) and Mackay Shields LLC (0.11%). Company insiders that own Bankwell Financial Group stock include Blake S Drexler, Carl M Porto, Christine Chivily, Christopher R Gruseke, David P Dineen, George P Bauer, James A Fieber, Penko Krassimir Ivanov 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 BlackRock Inc. and Citigroup Inc.. Company insiders that have sold Bankwell Financial Group company stock in the last year include Blake S Drexler, David P Dineen, James A Fieber and Todd Lampert. View Insider Buying and Selling for Bankwell Financial Group.
Which institutional investors are buying Bankwell Financial Group stock?
BWFG stock was purchased by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Dimensional Fund Advisors LP, Mackay Shields LLC, LSV Asset Management, Millennium Management LLC and Wasatch Advisors Inc.. 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 $32.52.
How big of a company is Bankwell Financial Group?
Bankwell Financial Group has a market capitalization of $250.15 million and generates $75.83 million in revenue each year. The bank earns $13.83 million in net income (profit) each year or $2.03 on an earnings per share basis. Bankwell Financial Group employs 141 workers across the globe.
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]
MarketBeat Community Rating for Bankwell Financial Group (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.
