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Home›BWFG›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Bankwell Financial Group, Inc. (BWFG) financials

Income statement

Bankwell Financial Group, Inc. (BWFG) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue——$1.09M$1.02M$788K$872K$1.07M$1.63M$1.96M$2.83M
Revenue growth———-6.1%-23.0%10.7%22.9%52.0%20.5%44.0%
Net income$12.3M$13.8M$17.4M$18.2M$5.90M$26.6M$37.4M$36.7M$9.77M$35.2M
Net margin——1599.4%1780.6%749.2%3048.9%3491.5%2250.6%497.7%1245.5%
EPS (diluted)$1.62$1.78$2.21$2.31$0.75$3.36$4.79$4.67$1.23$4.45

Cash flow

Bankwell Financial Group, Inc. (BWFG) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$17.4M$20.6M$20.0M$6.63M-$1.51M$34.6M$82.7M$31.9M$29.9M$28.3M
Capital expenditures$8.40M$1.87M$3.35M$645K——$4.96M$2.04M$613K$1.14M
Free cash flow$8.97M$18.7M$16.6M$5.99M——$77.7M$29.9M$29.3M$27.1M
Share buybacks—$0.00$0.00$988K$1.04M$5.08M$5.54M$0.00$2.14M$1.33M
Dividends paid$1.66M$2.15M$3.76M$4.08M$4.39M$5.03M$6.19M$6.24M$6.28M$6.27M

Balance sheet

Bankwell Financial Group, Inc. (BWFG) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$96.4M$70.7M$78.1M$78.1M$410M$345M$356M$269M$308M$225M
Total assets$1.63B$1.80B$1.87B$1.88B$2.25B$2.46B$3.25B$3.22B$3.27B$3.36B
Total liabilities$1.48B$1.64B$1.70B$1.70B$2.08B$2.25B$3.01B$2.95B$3.00B$3.06B
Shareholders' equity$146M$161M$174M$182M$177M$202M$238M$266M$271M$301M
Retained earnings$29.7M$41.0M$54.7M$69.3M$70.8M$92.4M$124M$149M$153M$182M
Shares (wtd avg diluted)7.49M7.67M7.78M7.78M7.75M7.76M7.64M7.65M7.74M7.83M

Every figure is extracted from Bankwell Financial Group, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Bankwell Financial Group, Inc.'s annual revenue?
Bankwell Financial Group, Inc. (BWFG) reported $2.83M of revenue for fiscal year 2025 — up 44.0% from $1.96M in FY2024, per its annual report filed with the SEC.
Is Bankwell Financial Group, Inc. profitable?
Yes — BWFG earned $35.2M of net income in FY2025, a 1245.5% net margin, per SEC filings.
What is Bankwell Financial Group, Inc.'s free cash flow?
$27.1M in FY2025 (operating cash flow $28.3M minus $1.14M of capital expenditures), from the SEC cash-flow statement.
Does BWFG pay a dividend?
Yes — Bankwell Financial Group, Inc. paid $6.27M in cash dividends during FY2025, per its SEC cash-flow statement.
Full BWFG analysis — verdict, score & filings →Is BWFG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.