Bankwell Financial Group, Inc. financial data

Symbol
BWFG on Nasdaq
Industry
State Commercial Banks
Location
208 Elm Street, New Canaan, Connecticut
State of incorporation
Connecticut
Fiscal year end
December 31
Former names
BNC Financial Group, Inc. (to 11/26/2012)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.14K % -0.57%
Return On Equity 11.6 % -31.6%
Return On Assets 0.93 % -30.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.9M shares +0.7%
Common Stock, Shares, Outstanding 7.91M shares +0.83%
Entity Public Float 154M USD -15.3%
Common Stock, Value, Issued 118M USD +2.18%
Weighted Average Number of Shares Outstanding, Basic 7.66M shares +1.44%
Weighted Average Number of Shares Outstanding, Diluted 7.69M shares +0.93%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.65M USD +47.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 39.6M USD -22.7%
Income Tax Expense (Benefit) 9.53M USD -18%
Net Income (Loss) Attributable to Parent 30M USD -24.1%
Earnings Per Share, Basic 3.85 USD/shares -25%
Earnings Per Share, Diluted 3.82 USD/shares -24.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 9.14M USD +5.12%
Operating Lease, Right-of-Use Asset 12.7M USD -0.78%
Goodwill 2.59M USD 0%
Assets 3.16B USD -2.98%
Liabilities 2.89B USD -4.08%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.72M USD -51.6%
Retained Earnings (Accumulated Deficit) 151M USD +18.6%
Stockholders' Equity Attributable to Parent 268M USD +10.6%
Liabilities and Equity 3.16B USD -2.98%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9.03M USD +26.9%
Net Cash Provided by (Used in) Financing Activities -65.7M USD -1579%
Net Cash Provided by (Used in) Investing Activities 35.2M USD
Common Stock, Shares Authorized 10M shares 0%
Common Stock, Shares, Issued 7.91M shares +0.83%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.5M USD +72.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 248M USD -10.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26.7M USD +84.6%
Deferred Tax Assets, Gross 16.5M USD +7.22%
Operating Lease, Liability 13.7M USD -0.31%
Payments to Acquire Property, Plant, and Equipment 83K USD -88.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 29.5M USD -30.1%
Lessee, Operating Lease, Liability, to be Paid 16.4M USD -1.47%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.34M USD +16.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.34M USD +7.75%
Deferred Income Tax Expense (Benefit) 282K USD -40.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.75M USD -6.88%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.29M USD +15.2%
Deferred Tax Assets, Operating Loss Carryforwards 333K USD -10%
Deferred Federal Income Tax Expense (Benefit) 199K USD
Current Income Tax Expense (Benefit) 11.6M USD -7.57%
Unrecognized Tax Benefits 1.05M USD +109%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.3M USD +14.3%
Current State and Local Tax Expense (Benefit) 2.37M USD +47.3%
Current Federal Tax Expense (Benefit) 9.2M USD -15.7%
Amortization of Intangible Assets 0 USD -100%
Depreciation, Depletion and Amortization 940K USD +6.34%
Deferred State and Local Income Tax Expense (Benefit) -390K USD -21.9%
Interest Expense 102M USD +161%