Bankwell Financial Group Reports Operating Results for the First Quarter, Declares Second Quarter Dividend
Bankwell Financial Group reported GAAP net income of $11.3 million, or $1.41 per share, for Q1 2026, a significant increase from the prior quarter. The Board of Directors declared a $0.20 per share cash dividend and management raised full-year guidance for non-interest income to $12-$13 million.
Key figures
- Eps
- 1.41
- Guidance
- Non-Interest Income raised to $12-$13M; Non-interest expense affirmed at $64-$65M; Net Interest Income and loan growth affirmed
- Revenue Yoy
- 28.2%
AI analysis
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