Bankwell Financial Group Reports Operating Results for the Second Quarter, Declares Third Quarter Dividend
Bankwell Financial Group reported Q2 GAAP net income of $12.4 million, or $1.52 per share, an increase from $1.41 per share in the prior quarter, driven by a 30 basis point expansion in net interest margin to 3.58%. Management raised its full-year 2026 guidance for net interest income to a range of $115 to $117 million and increased loan growth expectations to 5% to 7%, citing continued momentum in deposit growth and loan production.
Key figures
- Eps
- 1.52
- Revenue
- 32800000
- Guidance
- FY26 Net Interest Income $115M-$117M (raised), loan growth 5-7% (raised), Non-interest expense $65M-$67M (raised)
- Roa
- 1.46%
- Ppnr
- $17.5 million
- Efficiency ratio
- 47.5%
- Dividend per share
- 0.2
- Net interest income
- $29.5 million
- Net interest margin
- 3.58%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.