← Bankwell Financial Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $51.8m |
$59.0m
+13.96%
|
$60.2m
+2.09%
|
$59.0m
-2.03%
|
$57.7m
-2.18%
|
$73.5m
+27.42%
|
$97.8m
+32.96%
|
$99.3m
+1.56%
|
$87.0m
-12.40%
|
$108.3m
+24.51%
|
$121.8m
+12.46%
|
|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $49.1m |
$54.4m
+10.74%
|
$56.3m
+3.61%
|
$53.8m
-4.55%
|
$54.8m
+2.00%
|
$67.9m
+23.80%
|
$94.7m
+39.56%
|
$94.5m
-0.29%
|
$83.3m
-11.84%
|
$98.9m
+18.80%
|
$204.0m
+106.17%
|
|
| Labor and Related Expense | $16.0m | $16.3m | $19.0m | $19.4m | $21.4m | $18.3m | $22.2m | $24.6m | $23.7m | $30.3m | — | |
| Amortization of Intangible Assets | $151k | $118k | $92k | $75k | — | — | — | — | — | — | — | |
| Noninterest expense: | ||||||||||||
| Interest expense: | ||||||||||||
| Total interest expense | $11.9m | $16.8m | $23.7m | $29.2m | $22.7m | $13.5m | $23.2m | $94.0m | $108.7m | $99.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $33.9m | $48.0m | $48.0m | $13.3m | $48.5m | $58.4m | |
| Current Income Tax Expense (Benefit) | $7.1m | $7.9m | $2.4m | $4.5m | $4.9m | $5.6m | $12.5m | $11.6m | $4.0m | $15.1m | $15.5m | |
| Income Tax Expense (Benefit) | $6.0m | $11.3m | $3.7m | $4.7m | $1.4m | $7.3m | $10.6m | $11.4m | $3.6m | $13.3m | $15.5m | |
| Net Income (Loss) Attributable to Parent | $12.3m |
$13.8m
+11.98%
|
$17.4m
+26.05%
|
$18.2m
+4.49%
|
$5.9m
-67.59%
|
$26.6m
+350.30%
|
$37.4m
+40.78%
|
$36.7m
-2.05%
|
$9.8m
-73.35%
|
$35.2m
+260.27%
|
$42.4m
+20.38%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $12.3m |
$13.8m
+11.98%
|
$17.4m
+26.05%
|
$18.2m
+4.49%
|
$5.9m
-67.59%
|
$26.1m
+341.68%
|
$36.6m
+40.41%
|
$35.7m
-2.49%
|
$9.5m
-73.32%
|
$34.8m
+265.17%
|
$42.4m
+21.79%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | $0 | — | — | — | — | — | — | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | $412k | $680k | $794k | $87k | $514k | — | |
| Earnings Per Share, Basic | $1.64 | $1.80 | $2.23 | $2.32 | $0.75 | $3.38 | $4.84 | $4.71 | $1.24 | $4.49 | $5.45 | |
| Earnings Per Share, Diluted | $1.62 | $1.78 | $2.21 | $2.31 | $0.75 | $3.36 | $4.79 | $4.67 | $1.23 | $4.45 | $5.39 | |
| Common Stock, Dividends, Per Share, Declared | $0.22 | $0.28 | $0.48 | $0.52 | $0.56 | $0.64 | $0.80 | $0.80 | $0.80 | $0.80 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 7.4m | 7.6m | 7.7m | 7.8m | 7.7m | 7.7m | 7.6m | 7.6m | 7.7m | 7.8m | 7.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 7.5m | 7.7m | 7.8m | 7.8m | 7.7m | 7.8m | 7.6m | 7.6m | 7.7m | 7.8m | 7.9m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $693k | $1.2m | $1.1m | $1.0m | $967k | $1.0m | $1.1m | $1.2m | $1.4m | $1.4m | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Realized Investment Gains (Losses) | $115k | — | — | — | — | — | — | — | — | — | — |