Bankwell Financial Group, Inc. (BWFG) Form 8-K — Jul 23, 2026
Bankwell Financial Group reported second quarter 2026 GAAP net income of $12.4 million, or $1.52 per share, an increase from $1.41 per share in the prior quarter. The company raised its full-year guidance for net interest income to a range of $115 to $117 million and projected loan growth of 5% to 7%. The Board of Directors declared a quarterly dividend of $0.20 per share, payable on August 21, 2026. The company achieved a peer-leading efficiency ratio of 47.5% and expanded its net interest margin to 3.58%.
Key figures
- Eps
- 1.52
- Guidance
- Net Interest Income: $115 to $117 million; Loan Growth: 5% to 7%; Non-interest Expense: $65 to $67 million
- Net Income
- 12372000
- Gross Loans
- 3000000000
- Total Assets
- 3475570000
- Total Deposits
- 3000530000
- Efficiency Ratio
- 47.5%
- Dividend Per Share
- 0.2
- Core Deposit Growth
- 128000000
- Net Interest Margin
- 3.58%
- Return On Average Assets
- 1.46%
- Nonperforming Assets Percentage
- 0.46%
- Allowance For Credit Loans Percentage
- 1.03%
- Return On Average Tangible Common Equity
- 15.61%
Price after filing
Close on the filing date to close N calendar days later (from $60.10). Historical, not a forecast.
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