Bankwell Financial Group (BWFG)
Runs Bankwell Bank for commercial borrowers, deposits and treasury services in Connecticut and New York.
$65.62
Pre-market−0.26 (−0.39%)
At close$65.88(+0.64%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 51 | 49 | 48 | 49 | 49 | 50 | 51 | 53 | 54 | 54 | 56 |
| Cost of revenue | 24 | 26 | 31 | 35 | 34 | 32 | 27 | 24 | 25 | 24 | 23 | 24 |
| Gross profit | 25 | 24 | 18 | 14 | 16 | 17 | 23 | 26 | 28 | 30 | 31 | 32 |
| 12 | 13 | 13 | 12 | 13 | 13 | 14 | 15 | 15 | 15 | 17 | 15 | |
| 8 | 8 | 8 | 7 | 7 | 6 | 8 | 9 | 9 | 9 | 13 | 14 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 7 | 8 | 8 | 7 | 7 | 6 | 8 | 9 | 9 | 9 | 13 | 14 |
| Other expenses | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 4 | 2 |
| Operating income | 13 | 11 | 5 | 1 | 3 | 4 | 9 | 12 | 13 | 14 | 14 | 16 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 48 | 49 | 48 | 48 | 48 | 48 | 48 | 49 | 51 | 51 | 51 | 52 |
| Interest expense | 26 | 27 | 27 | 26 | 27 | 28 | 26 | 25 | 25 | 24 | 24 | 23 |
| Income before tax | 13 | 11 | 5 | 1 | 3 | 4 | 9 | 12 | 13 | 14 | 14 | 16 |
| Income tax expense | 3 | 3 | 1 | 0 | 1 | 1 | 2 | 3 | 3 | 5 | 3 | 4 |
| Net income from continuing operations | 10 | 9 | 4 | 1 | 2 | 3 | 7 | 9 | 10 | 9 | 11 | 12 |
| Net income | 10 | 9 | 4 | 1 | 2 | 3 | 7 | 9 | 10 | 9 | 11 | 12 |
| EPS, basic | $1.25 | $1.09 | $0.48 | $0.14 | $0.24 | $0.37 | $0.88 | $1.16 | $1.28 | $1.16 | $1.46 | $1.53 |
| EPS, diluted | $1.25 | $1.09 | $0.48 | $0.14 | $0.24 | $0.37 | $0.87 | $1.15 | $1.27 | $1.15 | $1.41 | $1.54 |
| Weighted average shares, basic | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Weighted average shares, diluted | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| EBITDA | 14 | 12 | 6 | 2 | 4 | 5 | 10 | 13 | 15 | 15 | 15 | 16 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| EBIT | 13 | 11 | 5 | 1 | 3 | 4 | 9 | 12 | 13 | 14 | 14 | 16 |