(BWFG) Bankwell Financial - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US06654A1034

Stock: Deposits, Mortgage, Commercial, Construction, Business

Total Rating 47
Risk 41
Buy Signal 0.93

EPS (Earnings per Share)

EPS (Earnings per Share) of BWFG over the last years for every Quarter: "2020-12": 0.37, "2021-03": 0.71, "2021-06": 0.79, "2021-09": 0.87, "2021-12": 0.99, "2022-03": 1.04, "2022-06": 1.55, "2022-09": 1.18, "2022-12": 1.04, "2023-03": 1.33, "2023-06": 1.02, "2023-09": 1.25, "2023-12": 1.09, "2024-03": 0.48, "2024-06": 0.14, "2024-09": 0.24, "2024-12": 0.32, "2025-03": 0.87, "2025-06": 1.15, "2025-09": 1.27, "2025-12": 1.15,

Revenue

Revenue of BWFG over the last years for every Quarter: 2020-12: 19.767, 2021-03: 20.733, 2021-06: 21.532, 2021-09: 22.051, 2021-12: 22.718, 2022-03: 23.26, 2022-06: 27.516, 2022-09: 30.088, 2022-12: 40.121, 2023-03: 45.817, 2023-06: 47.907, 2023-09: 49.049, 2023-12: 50.523, 2024-03: 49.196, 2024-06: 48.362, 2024-09: 49.347, 2024-12: 48.807, 2025-03: 49.982, 2025-06: 50.661, 2025-09: 53.086, 2025-12: 53.986,

Dividends

Dividend Yield 2.18%
Yield on Cost 5y 5.49%
Yield CAGR 5y 5.74%
Payout Consistency 98.7%
Payout Ratio 18.0%
Risk 5d forecast
Volatility 29.3%
Relative Tail Risk -6.41%
Reward TTM
Sharpe Ratio 1.58
Alpha 48.32
Character TTM
Beta 0.912
Beta Downside 0.949
Drawdowns 3y
Max DD 31.11%
CAGR/Max DD 0.67

Description: BWFG Bankwell Financial December 30, 2025

Bankwell Financial Group, Inc. (NASDAQ: BWFG) is a Connecticut-based bank holding company that operates Bankwell Bank across eight branches in the state. Its product suite spans traditional depository accounts (checking, savings, money-market, CDs) and a broad loan portfolio that includes residential first-mortgage and home-equity financing, commercial real-estate and construction loans, land loans, asset-backed business loans, overdraft facilities, and personal loans.

As of the latest quarterly filing (Q2 2024), BWFG reported a net interest margin of 3.45 %-slightly above the regional-bank average of 3.2 %-and total loan growth of 5.8 % year-over-year, driven primarily by a 9 % increase in commercial-real-estate lending. Deposits rose 4.2 % YoY, reflecting continued consumer demand for higher-yielding savings products amid a Federal Reserve policy rate that has remained in the 5.25-5.50 % range. The bank’s loan-to-deposit ratio sits at 78 %, indicating a moderate balance between asset growth and liquidity risk.

Key sector drivers for BWFG include the trajectory of U.S. interest rates (which affect net interest income), the health of the Connecticut commercial-real-estate market (particularly multifamily and office assets), and regional economic conditions such as employment growth in the Greater New York metropolitan area. A material shift in any of these variables-e.g., a rapid Fed rate cut or a downturn in CRE valuations-could materially alter BWFG’s earnings outlook.

For a deeper quantitative breakdown of BWFG’s valuation metrics, the ValueRay platform offers a concise, data-driven snapshot.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 35.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.67 > 1.0
NWC/Revenue: 139.8% < 20% (prev -1251 %; Δ 1390 % < -1%)
CFO/TA 0.01 > 3% & CFO 35.0m > Net Income 35.2m
Net Debt (-224.9m) to EBITDA (51.5m): -4.37 < 3
Current Ratio: 1.11 > 1.5 & < 3
Outstanding Shares: last quarter (7.86m) vs 12m ago 1.69% < -2%
Gross Margin: 51.65% > 18% (prev 0.33%; Δ 5132 % > 0.5%)
Asset Turnover: 6.54% > 50% (prev 5.99%; Δ 0.55% > 0%)
Interest Coverage Ratio: 0.34 > 6 (EBITDA TTM 51.5m / Interest Expense TTM 99.4m)

Altman Z'' 0.99

A: 0.09 (Total Current Assets 3.05b - Total Current Liabilities 2.76b) / Total Assets 3.08b
B: 0.06 (Retained Earnings 181.6m / Total Assets 3.08b)
C: 0.01 (EBIT TTM 34.3m / Avg Total Assets 3.18b)
D: 0.10 (Book Value of Equity 301.5m / Total Liabilities 3.06b)
Altman-Z'' Score: 0.99 = BB

Beneish M 1.00

DSRI: 182.8 (Receivables 2.82b/14.5m, Revenue 207.7m/195.7m)
GMI: 0.64 (GM 51.65% / 32.90%)
AQI: 0.01 (AQ_t 0.00 / AQ_t-1 0.89)
SGI: 1.06 (Revenue 207.7m / 195.7m)
TATA: 0.00 (NI 35.2m - CFO 35.0m) / TA 3.08b)
Beneish M-Score: 145.8 (Cap -4..+1) = D

What is the price of BWFG shares?

As of February 08, 2026, the stock is trading at USD 50.40 with a total of 48,105 shares traded.
Over the past week, the price has changed by +4.59%, over one month by +7.23%, over three months by +16.88% and over the past year by +57.71%.

Is BWFG a buy, sell or hold?

Bankwell Financial has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy BWFG.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the BWFG price?

Issuer Target Up/Down from current
Wallstreet Target Price 50.5 0.2%
Analysts Target Price 50.5 0.2%
ValueRay Target Price 60.7 20.5%

BWFG Fundamental Data Overview February 01, 2026

P/E Trailing = 10.8292
P/E Forward = 8.1367
P/S = 3.5485
P/B = 1.2792
Revenue TTM = 207.7m USD
EBIT TTM = 34.3m USD
EBITDA TTM = 51.5m USD
Long Term Debt = 144.6m USD (from longTermDebt, two quarters ago)
Short Term Debt = 75.0m USD (from shortTermDebt, two quarters ago)
Debt = 144.6m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -224.9m USD (from netDebt column, last quarter)
Enterprise Value = 298.2m USD (380.7m + Debt 144.6m - CCE 227.2m)
Interest Coverage Ratio = 0.34 (Ebit TTM 34.3m / Interest Expense TTM 99.4m)
EV/FCF = 8.74x (Enterprise Value 298.2m / FCF TTM 34.1m)
FCF Yield = 11.44% (FCF TTM 34.1m / Enterprise Value 298.2m)
FCF Margin = 16.42% (FCF TTM 34.1m / Revenue TTM 207.7m)
Net Margin = 16.95% (Net Income TTM 35.2m / Revenue TTM 207.7m)
Gross Margin = 51.65% ((Revenue TTM 207.7m - Cost of Revenue TTM 100.4m) / Revenue TTM)
Gross Margin QoQ = 55.03% (prev 52.95%)
Tobins Q-Ratio = 0.10 (Enterprise Value 298.2m / Total Assets 3.08b)
Interest Expense / Debt = 16.36% (Interest Expense 23.7m / Debt 144.6m)
Taxrate = 35.77% (5.09m / 14.2m)
NOPAT = 22.0m (EBIT 34.3m * (1 - 35.77%))
Current Ratio = 1.11 (Total Current Assets 3.05b / Total Current Liabilities 2.76b)
Debt / Equity = 0.48 (Debt 144.6m / totalStockholderEquity, last quarter 301.5m)
Debt / EBITDA = -4.37 (Net Debt -224.9m / EBITDA 51.5m)
Debt / FCF = -6.59 (Net Debt -224.9m / FCF TTM 34.1m)
Total Stockholder Equity = 288.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.11% (Net Income 35.2m / Total Assets 3.08b)
RoE = 12.21% (Net Income TTM 35.2m / Total Stockholder Equity 288.2m)
RoCE = 7.92% (EBIT 34.3m / Capital Employed (Equity 288.2m + L.T.Debt 144.6m))
RoIC = 5.28% (NOPAT 22.0m / Invested Capital 416.7m)
WACC = 9.62% (E(380.7m)/V(525.3m) * Re(9.28%) + D(144.6m)/V(525.3m) * Rd(16.36%) * (1-Tc(0.36)))
Discount Rate = 9.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 68.74% ; FCFF base≈26.2m ; Y1≈21.7m ; Y5≈15.7m
Fair Price DCF = 56.48 (EV 221.3m - Net Debt -224.9m = Equity 446.2m / Shares 7.90m; r=9.62% [WACC]; 5y FCF grow -20.76% → 2.90% )
EPS Correlation: -27.46 | EPS CAGR: 2.72% | SUE: -0.16 | # QB: 0
Revenue Correlation: 79.75 | Revenue CAGR: 25.17% | SUE: 2.93 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.17 | Chg30d=+0.003 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=5.20 | Chg30d=+0.017 | Revisions Net=+2 | Growth EPS=+16.9% | Growth Revenue=+13.0%
EPS next Year (2027-12-31): EPS=5.57 | Chg30d=+0.033 | Revisions Net=+0 | Growth EPS=+7.0% | Growth Revenue=+7.2%

Additional Sources for BWFG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle