Bankwell Financial Group (BWFG) to Release Earnings on Wednesday

Bankwell Financial Group (NASDAQ:BWFG) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect Bankwell Financial Group to post earnings of $0.73 per share and revenue of $22.63 million for the quarter.

Bankwell Financial Group (NASDAQ:BWFG) last released its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.33). Bankwell Financial Group had a return on equity of 3.48% and a net margin of 4.76%.

Bankwell Financial Group Stock Performance

Bankwell Financial Group stock opened at $28.95 on Tuesday. Bankwell Financial Group has a fifty-two week low of $22.70 and a fifty-two week high of $35.25. The firm’s fifty day moving average price is $29.87 and its 200-day moving average price is $30.54. The stock has a market cap of $228.39 million, a P/E ratio of 24.53 and a beta of 0.60. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.06 and a current ratio of 1.06.

Bankwell Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Tuesday, February 11th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $0.80 dividend on an annualized basis and a yield of 2.76%. Bankwell Financial Group’s payout ratio is 67.80%.

Insider Transactions at Bankwell Financial Group

In other news, EVP Steven H. Brunner sold 2,198 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $30.69, for a total transaction of $67,456.62. Following the transaction, the executive vice president now directly owns 604 shares of the company’s stock, valued at approximately $18,536.76. This trade represents a 78.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Matt Mcneill sold 1,908 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $32.43, for a total value of $61,876.44. Following the completion of the sale, the insider now directly owns 40,353 shares of the company’s stock, valued at approximately $1,308,647.79. This trade represents a 4.51 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders bought 2,970 shares of company stock worth $90,136 and sold 6,147 shares worth $193,975. Company insiders own 19.20% of the company’s stock.

About Bankwell Financial Group

Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans.