Security
Bankwell Financial Group, Inc. Common Stock · BWFG
BWFGNASDAQCommon stockCurrentCIK 1505732Updated Oct 30, 2026
Name history
BNC Financial Group, Inc. · through Nov 26, 2012
BWFG price & chart
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Recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure · Other Events
Items 2.02, 7.01, 8.01, 9.01
4 filing
4 filing
4 filing
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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Source
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 3,243,963,000Source | 3,161,080,000Source | 3,475,570,000Source | 3,236,593,000Source | 3,141,654,000Source | 3,373,859,000Source | 3,183,893,000Source | 3,155,274,000Source | 3,359,859,000Source | 3,268,476,000Source | 3,215,482,000Source | 3,252,449,000Source |
| GoodwillUSD | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 10,000,000Source | 11,100,000Source | 12,700,000Source | 12,800,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 2,951,172,000Source | 2,893,154,000Source | 3,152,070,000Source | 2,953,303,000Source | 2,874,678,000Source | 3,061,993,000Source | 2,908,679,000Source | 2,887,242,000Source | 3,058,370,000Source | 2,997,956,000Source | 2,949,730,000Source | 3,013,980,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 119,353,000Source | 118,429,000Source | 121,997,000Source | 118,698,000Source | 118,037,000Source | 121,060,000Source | 118,439,000Source | 118,401,000Source | 120,118,000Source | 119,108,000Source | 118,247,000Source | 115,018,000Source |
| Retained Earnings (Accumulated Deficit)USD | 174,008,000Source | 151,257,000Source | 202,073,000Source | 165,495,000Source | 150,895,000Source | 191,281,000Source | 157,971,000Source | 151,350,000Source | 181,587,000Source | 152,656,000Source | 149,169,000Source | 123,640,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -570,000Source | -1,760,000Source | -570,000Source | -903,000Source | -1,956,000Source | -475,000Source | -1,196,000Source | -1,719,000Source | -216,000Source | -1,244,000Source | -1,664,000Source | -189,000Source |
| Stockholders' Equity Attributable to ParentUSD | 292,791,000Source | 267,926,000Source | 323,500,000Source | 283,290,000Source | 266,976,000Source | 311,866,000Source | 275,214,000Source | 268,032,000Source | 301,489,000Source | 270,520,000Source | 265,752,000Source | 238,469,000Source |
| Liabilities and EquityUSD | 3,243,963,000Source | 3,161,080,000Source | 3,475,570,000Source | 3,236,593,000Source | 3,141,654,000Source | 3,373,859,000Source | 3,183,893,000Source | 3,155,274,000Source | 3,359,859,000Source | 3,268,476,000Source | 3,215,482,000Source | 3,252,449,000Source |
| Additional Financial Items | ||||||||||||
| Short-term InvestmentsUSD | 128,234,000Source | 145,900,000Source | 205,613,000Source | 142,552,000Source | 138,000,000Source | 187,574,000Source | 135,963,000Source | 126,225,000Source | 192,122,000Source | 146,099,000Source | 127,623,000Source | 121,634,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 1,105,000Source | 974,000Source | 4,084,000Source | 3,775,000Source | 3,623,000Source | 3,366,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 1,092,000Source | 243,000Source | 2,344,000Source | 2,998,000Source | 3,074,000Source | 2,362,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 0Source | 176,000Source | -1,405,000Source | -469,000Source | -191,000Source | -1,964,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 7,724,000Source | 3,925,000Source | 28,273,000Source | 29,936,000Source | 31,927,000Source | 82,668,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -18,781,000Source | 83,089,000Source | -165,186,000Source | -33,961,000Source | -48,302,000Source | -811,161,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 470,000Source | 97,000Source | 1,144,000Source | 613,000Source | 2,045,000Source | 4,958,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 150,000Source | 912,000Source | 1,334,000Source | 2,137,000Source | 0Source | 5,540,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 4,037,000Source | -89,610,000Source | 54,310,000Source | 42,392,000Source | -70,147,000Source | 739,490,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 1,581,000Source | 1,573,000Source | 6,267,000Source | 6,283,000Source | 6,241,000Source | 6,189,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -7,020,000Source | -2,596,000Source | -82,603,000Source | 38,367,000Source | -86,522,000Source | 10,997,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 295,360,000Source | 291,337,000Source | 203,396,000Source | 322,464,000Source | 217,901,000Source | 304,928,000Source | 224,921,000Source | 307,524,000Source | 269,157,000Source | 355,679,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 23,650,000Source | 26,411,000Source | 99,392,000Source | 108,713,000Source | 86,042,000Source | 17,786,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | 515,000Source | — | 5,378,000Source | 12,102,000Source | 11,521,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 62,000Source | 62,000Source | 246,000Source | 246,000Source | 246,000Source | 166,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 359,000Source | 346,000Source | 366,000Source | 352,000Source | 358,000Source | 344,000Source | 1,416,000Source | 1,356,000Source | 1,192,000Source | 1,069,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | — | — | — | — | -25,000Source | 31,000Source | 61,000Source | -13,000Source | 31,000Source | -212,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | — | — | — | — | — | -31,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | — | 0Source | -13,000Source | 20,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 1,372,000Source | 133,000Source | 2,398,000Source | 1,080,000Source | 2,425,000Source | 442,000Source | 5,078,000Source | 523,000Source | 1,972,000Source | 1,236,000Source |
| GoodwillUSD | — | — | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source | 2,589,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 3,401,000Source | 786,000Source | 3,928,000Source | 2,725,000Source | 3,094,000Source | 2,079,000Source | 13,297,000Source | 3,559,000Source | 11,380,000Source | 10,554,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 10,078,000Source | 1,926,000Source | 12,372,000Source | 9,088,000Source | 11,275,000Source | 6,888,000Source | 35,198,000Source | 9,770,000Source | 36,663,000Source | 37,429,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 9,962,000Source | 1,879,000Source | 12,171,000Source | 8,936,000Source | 11,001,000Source | 6,751,000Source | 34,790,000Source | 9,527,000Source | 35,705,000Source | 36,616,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 3,000,000Source | 10,000,000Source | 31,000,000Source | 10,000,000Source | — | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | — | 0Source | 155,000Source | 48,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 372,000Source | 6,296,000Source | 1,228,000Source | -411,000Source | -1,029,000Source | 463,000Source | 1,040,000Source | 22,620,000Source | 866,000Source | 5,437,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 779,000Source | 575,000Source | 665,000Source | 674,000Source | 780,000Source | 602,000Source | 2,826,000Source | 1,963,000Source | 1,629,000Source | 1,072,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 13,479,000Source | 2,712,000Source | 16,300,000Source | 11,813,000Source | 14,369,000Source | 8,967,000Source | 48,495,000Source | 13,329,000Source | 48,043,000Source | 47,983,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,401,000Source | 786,000Source | 3,928,000Source | 2,725,000Source | 3,094,000Source | 2,079,000Source | 13,297,000Source | 3,559,000Source | 11,380,000Source | 10,554,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 10,078,000Source | 1,926,000Source | 12,372,000Source | 9,088,000Source | 11,275,000Source | 6,888,000Source | 35,198,000Source | 9,770,000Source | 36,663,000Source | 37,429,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.28Source | 0.24Source | 1.55Source | 1.15Source | 1.42Source | 0.88Source | 4.49Source | 1.24Source | 4.71Source | 4.84Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.27Source | 0.24Source | 1.52Source | 1.14Source | 1.41Source | 0.87Source | 4.45Source | 1.23Source | 4.67Source | 4.79Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 7,774,887Source | 7,715,040Source | 7,856,210Source | 7,777,469Source | 7,724,253Source | 7,670,224Source | 7,750,191Source | 7,710,076Source | 7,587,768Source | 7,563,363Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 7,844,785Source | 7,720,895Source | 7,980,973Source | 7,819,828Source | 7,800,935Source | 7,740,521Source | 7,826,280Source | 7,737,952Source | 7,647,411Source | 7,640,218Source |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance IncomeUSD | — | — | 359,000Source | 346,000Source | 366,000Source | 352,000Source | 358,000Source | 344,000Source | 1,416,000Source | 1,356,000Source | 1,192,000Source | 1,069,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.2Source | 0.2Source | 0.2Source | 0.2Source | 0.2Source | 0.2Source | 0.8Source | 0.8Source | 0.8Source | 0.8Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 15,118,000Source | 4,028,000Source | 11,571,000Source | 12,518,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 93,986,000Source | 23,202,000Source |
| InterestExpenseOperatingUSD | — | — | 24,604,000Source | 27,474,000Source | 22,733,000Source | 24,713,000Source | 23,650,000Source | 26,411,000Source | 99,392,000Source | 108,712,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 25,987,000Source | 20,717,000Source | 29,503,000Source | 23,936,000Source | 26,886,000Source | 22,066,000Source | 98,935,000Source | 83,282,000Source | 94,468,000Source | 94,743,000Source |
| Labor and Related ExpenseUSD | — | — | 7,995,000Source | 6,223,000Source | 8,678,000Source | 7,521,000Source | 9,830,000Source | 7,052,000Source | 30,285,000Source | 23,746,000Source | 24,595,000Source | 22,237,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 9,962,000Source | 1,879,000Source | 12,171,000Source | 8,936,000Source | 11,001,000Source | 6,751,000Source | 34,790,000Source | 9,527,000Source | 35,705,000Source | 36,616,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 142,000Source | 9,000Source | 175,000Source | 126,000Source | 248,000Source | 111,000Source | 514,000Source | 87,000Source | 794,000Source | 680,000Source |