Bankwell Financial GroupBWFG
BWFG
About: Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products includes owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The 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, and time deposits.
Employees: 126
0
Funds holding %
of 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
11% more capital invested
Capital invested by funds: $85.1M [Q3] → $94.3M (+$9.17M) [Q4]
2.38% more ownership
Funds ownership: 36.16% [Q3] → 38.54% (+2.38%) [Q4]
0% more funds holding
Funds holding: 69 [Q3] → 69 (+0) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$40
29%
upside
Avg. target
$40
29%
upside
High target
$40
29%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Christopher O'Connell 74% 1-year accuracy 17 / 23 met price target | 29%upside $40 | Outperform Maintained | 4 Dec 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Bankwell Financial Group, Inc. (BWFG) Q4 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG ) Q4 2024 Earnings Call Transcript January 23, 2025 10:00 AM ET Company Participants Chris Gruseke - President and Chief Executive Officer Courtney Sacchetti - Chief Financial Officer Matt McNeill - Chief Banking Officer Conference Call Participants Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen. And thank you for standing by.
Neutral
Business Wire
1 month ago
Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025. Pre-tax, pre-provision net revenue (PPNR) of $7.9 million, or $1.02 per share, fell 12% relative to the.
Neutral
Business Wire
1 month ago
Bankwell Financial Group, Inc. Announces Date of Fourth Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended December 31, 2024, on Wednesday, January 22, 2025, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Thursday, January 23, 2025, to review the Company's financial performance and operating results. The audio webcast link, along with th.
Neutral
Business Wire
2 months ago
Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder and director, Lawrence B. Seidman, to increase his position in the Company from a maximum of 9.9% to 14.99% of common stock. Mr. Seidman is the Manager of Seidman and Associates, LLC based in Parsippany, NJ. He has served on Bankwell's board of directors since 2020. Christopher R. Gruseke, Preside.
Neutral
Seeking Alpha
3 months ago
Bankwell Financial Group, Inc. (BWFG) Q3 2024 Earnings Call Transcript
Bankwell Financial Group, Inc. (NASDAQ:BWFG ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Courtney Sacchetti - CFO Chris Gruseke - President & CEO Matt McNeill - Chief Banking Officer Ryan Hildebrand - Chief Innovation Officer Conference Call Participants Christopher O'Connell - KBW Operator Good morning. My name is Audra and I will be your conference operator today.
Neutral
Business Wire
3 months ago
Bankwell Financial Group Reports Operating Results for the Third Quarter, Declares Fourth Quarter Dividend, and Announces Share Repurchase Plan
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), a leading commercial bank with a growing digital focus, reported GAAP net income of $1.9 million, or $0.24 per share for the third quarter of 2024, versus $1.1 million, or $0.14 per share, for the second quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 22, 2024 to shareholders of record on November 11, 2024. Third quarter of 2024 results include an $8.2.
Neutral
Business Wire
4 months ago
Bankwell Financial Group, Inc. Announces Date of Third Quarter Earnings Conference Call
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2024, on Monday, October 28, 2024, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Tuesday, October 29, 2024, to review the Company's financial performance and operating results. The audio webcast link, along with the c.
Neutral
Business Wire
5 months ago
Bankwell Hires Head of SBA Lending
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending. Mr. Johnston most recently served as the National Sales Director for Ready Capital, the nation's fourth largest SBA lender. Additionally, Mr. Johnston has held various lending and underwriting positions at Zions Bank, Bank of the West, CapitalSource,.
Neutral
Business Wire
7 months ago
Kevin Leitão Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank
NEW CANAAN, Conn.--(BUSINESS WIRE)--On May 29, 2024, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Kevin Leitão to serve as a Director of the Company and Bankwell Bank. Mr. Leitão is the founder of Leitão Law LLC, in New Canaan, CT. His law practice reflects his more than 30 years of experience as an in-house counsel, as a compliance and risk management executive and in pri.
Neutral
Business Wire
10 months ago
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash divide.
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