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$88.19 million
Profitability
Miscellaneous
Employees142
Next Earnings Date4/22/2020 (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 declared a quarterly dividend on Monday, January 27th. Investors of record on Friday, February 14th will be paid a dividend of $0.14 per share on Monday, February 24th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Bankwell Financial Group's previous quarterly dividend of $0.13. 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 Monday, January, 27th. The bank reported $0.44 EPS for the quarter, missing the consensus estimate of $0.47 by $0.03. The bank earned $13.93 million during the quarter, compared to analyst estimates of $14.20 million. Bankwell Financial Group had a net margin of 20.66% and a return on equity of 10.31%. 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 equities research analysts have issued 12-month target prices for Bankwell Financial Group's stock. 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 17.1% 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?
News articles about BWFG stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Bankwell Financial Group earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Bankwell Financial Group.
Who are some of Bankwell Financial Group's key competitors?
Some companies that are related to Bankwell Financial Group include Stock Yards Bancorp (SYBT), Republic Bancorp, Inc. KY (RBCAA), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Oritani Financial (ORIT), ConnectOne Bancorp (CNOB), Origin Bancorp (OBNK), Great Southern Bancorp (GSBC), Central Pacific Financial (CPF), HomeStreet (HMST), Bryn Mawr Bank (BMTC), Allegiance Bancshares (ABTX), Community Trust Bancorp (CTBI), First National Bank Alaska (FBAK) and Horizon Bancorp (HBNC).
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 many different of institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (5.53%), Renaissance Technologies LLC (2.59%), State Street Corp (1.48%), Geode Capital Management LLC (1.24%), Summit Trail Advisors LLC (1.15%) and Bank of New York Mellon Corp (0.63%). 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 Banc Funds Co. LLC, Perritt Capital Management Inc., Bourgeon Capital Management LLC and SeaCrest Wealth Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Renaissance Technologies LLC, State Street Corp, Bank of New York Mellon Corp, FNY Investment Advisers LLC, Barclays PLC, UBS Group AG and Acadian Asset Management LLC. 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 $29.03.
How big of a company is Bankwell Financial Group?
Bankwell Financial Group has a market capitalization of $227.60 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 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 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 (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.
