Bankwell Financial Group, Inc. (BWFG) Stock Price & Analysis
Bankwell Financial Group, Inc. (BWFG) closed at USD 66.89 on Wednesday, October 28, 2026, up 0.07% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 66.84; the Oct 28, 2026 session ranged USD 65.93–67.15 on volume of 37,020 shares. Market capitalization is $533.25M, with a 52-week range of USD 42.5–69.59 (NGM). Source: Nexqual, retrieved October 29, 2026 at 12:25 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BWFG.md
Key facts (BWFG)
- Last four reported quarters (through Jun 30, 2026): revenue $122M, net income $42.9M (35.2% margin) (SEC filings).
- Valuation: P/E 12.4x (avg 13.7x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $626K; 4 not under a Rule 10b5-1 plan ($626K); 0 by opportunistic insiders, 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 15 Form 4 filings, $1.6M; 0 by opportunistic insiders, 15 by routine insiders.
- Analysts: Buy (mean 2.33 on a 1–5 scale) (3 analysts), mean target USD 69.5 (range 67–72).
- Next earnings: 2026-10-29, EPS estimate USD 1.44, revenue estimate $33.1M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BWFG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $73.5M | $97.8M | $99.3M | $87.0M | $108M | $122M |
| Net income | $26.6M | $37.4M | $36.7M | $9.8M | $35.2M | $42.9M |
| EPS (diluted) | $3.36 | $4.79 | $4.67 | $1.23 | $4.45 | — |
| Free cash flow | — | $77.7M | $29.9M | $29.3M | $27.1M | $34.5M |
| Net margin | 36.2% | 38.3% | 36.9% | 11.2% | 32.5% | 35.2% |
| Revenue growth | +27.4% | +33.0% | +1.6% | -12.4% | +24.5% | — |
| Cash + short-term investments | $453M | $477M | $397M | $454M | $417M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BWFG)
P/E 12.4x · P/S 4.4x · P/FCF 15.5x · P/B 1.6x · FCF yield 6.47% · Earnings yield 8.04% · Dividend yield (paid, TTM) 1.18% · Buyback yield (TTM) 0.03%
P/E at fiscal year-ends: Dec 2025 10.2x, Dec 2024 24.7x, Dec 2023 6.3x.
Insider sales (SEC Form 4, open-market, last ~7 months) (BWFG)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-31 | Hildebrand Ryan Jason | Chief Innovation Officer | 2,246 | $150K | 100% | No | Too little history (no open-market trades in 2023) |
| 2026-07-01 | Hildebrand Ryan Jason | Chief Innovation Officer | 1,088 | $64K | 32.6% | No | Too little history (no open-market trades in 2023) |
| 2026-06-05 | Lampert Todd | Director | 3,500 | $188K | 10.2% | No | Too little history (no open-market trades in 2024) |
| 2026-05-01 | Chivily Christine | EVP & Chief Credit Officer | 4,321 | $225K | 26.7% | No | Routine (sold in Jul each year 2023–2025; this trade is outside those months) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (BWFG)
15 purchases, $1.6M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-08 | Seidman Lawrence B | Director | 5,266 | $353K | 66.94 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-09-08 | Dale Eric J | Director | 530 | $36K | 67.11 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-09-08 | Dunne Jeffrey R | Director | 261 | $18K | 67.11 | Routine (bought in Jun & Sep & Dec each year 2023–2025) |
| 2026-09-08 | Drexler Blake S | Director | 116 | $8K | 67.11 | Routine (bought in Mar & Dec each year 2023–2025; this trade is outside those months) |
| 2026-09-08 | Porto Carl M | Director | 327 | $22K | 67.11 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-08-25 | Seidman Lawrence B | Director | 2,540 | $167K | 65.92 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025; this trade is outside those months) |
| 2026-08-07 | Seidman Lawrence B | Director | 10,000 | $666K | 66.63 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-05 | Seidman Lawrence B | Director | 323 | $17K | 53.7 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-06-05 | Dale Eric J | Director | 588 | $32K | 53.7 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-06-05 | Drexler Blake S | Director | 79 | $4K | 53.7 | Routine (bought in Mar & Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-05 | Dunne Jeffrey R | Director | 315 | $17K | 53.7 | Routine (bought in Jun & Sep & Dec each year 2023–2025) |
| 2026-06-05 | Porto Carl M | Director | 370 | $20K | 53.7 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-06-01 | Seidman Lawrence B | Director | 3,381 | $175K | 51.87 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025) |
| 2026-05-15 | Seidman Lawrence B | Director | 170 | $8K | 49.92 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-13 | Seidman Lawrence B | Director | 1,930 | $97K | 50.11 | Routine (bought in Mar & Jun & Sep & Dec each year 2023–2025; this trade is outside those months) |
Analysts (BWFG)
Consensus Buy (mean 2.33 on a 1–5 scale), 3 analysts; mean target USD 69.5 (low 67, high 72).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-28 | Keefe, Bruyette & Woods | Target raised | Outperform | $62 → $72 |
BWFG earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $1.52 | $1.29 | Beat +17.8% | — |
| — | Quarter ended Mar 31, 2026 | $1.41 | $1.22 | Beat +15.6% | — |
| — | Quarter ended Dec 31, 2025 | $1.15 | $1.19 | Miss −3.4% | — |
| — | Quarter ended Sep 30, 2025 | $1.27 | $1.06 | Beat +19.8% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
BWFG recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 29, 2026 | 8-K | Quarterly results; Regulation FD disclosure; Other material event “Quarterly Dividend Announcement On October 29, 2026 , Bankwell Financial Group, Inc. (the Company), parent company of Bankwell Bank, announced that on October 29, 2026, its Board of Directors voted to pay a quarterly dividend in the amount of $0.20 per share on November 20, 2026 to all shareholders of record as of November 9, 2026.” |
| Oct 27, 2026 | Schedule 13G/A | BlackRock, Inc.: 4.8% of shares, passive 5%+ holder (amended) |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 27, 2026 | Schedule 13G | BlackRock, Inc.: 5.2% of shares, passive 5%+ holder |
| Jul 23, 2026 | 8-K | Quarterly results; Regulation FD disclosure; Other material event “Quarterly Dividend Announcement On July 23, 2026 , Bankwell Financial Group, Inc. (the Company), parent company of Bankwell Bank, announced that on July 23, 2026, its Board of Directors voted to pay a quarterly dividend in the amount of $0.20 per share on August 21, 2026 to all shareholders of record as of August 10, 2026.” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
BWFG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.44 | $1.34 | +7.7% | $33.1M | 3 |
| Next quarter (ends Dec 2026) | $1.40 | $1.40 | -0.4% | $33.5M | 2 |
| Current fiscal year (ends Dec 2026) | $5.78 | $5.44 | +6.1% | $129.6M | 3 |
| Next fiscal year (ends Dec 2027) | $5.93 | $5.59 | +6.1% | $138.0M | 3 |
Key Statistics (as of October 29, 2026 at 12:25 UTC)
| Price | USD 66.89 |
|---|---|
| Change | ▲ 0.07% (up) |
| Previous Close | USD 66.84 |
| Open | USD 66.84 |
| Day Range | USD 65.93 – 67.15 |
| 52-Week Range | USD 42.5 – 69.59 |
| Volume | 37,020 shares |
| Market Cap | $533.25M |
| Exchange | NGM |
Technical Analysis (BWFG)
Nexqual's technical model rates BWFG "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 12:25 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 51.39 (neutral) |
| vs SMA50 | Above (USD 66.21) |
| MACD | 0.25 (positive) |
Analyst Ratings (BWFG)
Wall Street analysts rate BWFG "Buy" based on 3 analysts, with a mean price target of USD 69.5 (range USD 67–72), per Nexqual as of October 29, 2026 at 12:25 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 69.5 |
| High Target | USD 72 |
| Low Target | USD 67 |
| Buy / Hold / Sell | 1 / 2 / 0 |
Earnings (BWFG)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.44 |
| Revenue Estimate | $33.12M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.52 vs est 1.29 ▲ beat |
| 2026-03-31 | USD 1.41 vs est 1.22 ▲ beat |
| 2025-12-31 | USD 1.15 vs est 1.19 ▼ miss |
| 2025-09-30 | USD 1.27 vs est 1.06 ▲ beat |
Source: Nexqual, October 29, 2026 at 12:25 UTC.
Financials & Fundamentals (BWFG)
| Total Revenue | $120.63M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +19.70% |
| Gross Margin | +0.00% |
| Operating Margin | +53.34% |
| Profit Margin | +35.54% |
| ROE | +14.13% |
| Total Cash | $208.88M |
| Total Debt | $103.08M |
Source: Nexqual, October 29, 2026 at 12:25 UTC.
Financial Health Score (BWFG)
Nexqual rates Bankwell Financial Group, Inc.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 12:25 UTC.
| Growth | Strong — Revenue +25% YoY (annual) |
|---|---|
| Profitability | Strong — Net margin 35% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: State Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: State Commercial Banks) |
| Efficiency | Mixed — ROE 13%, ROA 1.2% (last 4 quarters, SEC) |
Ownership (BWFG)
| Insider Ownership | +15.60% |
|---|---|
| Institutional Ownership | +65.83% |
| Shares Outstanding | 7.97M |
| Float | 5.97M |
| Short % of Float | +9.82% |
Source: Nexqual, October 29, 2026 at 12:25 UTC.
Leadership (BWFG)
Bankwell Financial Group, Inc. is led by Christopher R. Gruseke, CEO & Director, per Nexqual as of October 29, 2026 at 12:25 UTC.
| CEO & Director | Christopher R. Gruseke |
|---|---|
| Executive Chairman | Blake S. Drexler |
| President & Chief Banking Officer | Matthew J. McNeill |
| Independent Director & Corporate Secretary | Todd H. Lampert |
| Executive VP & CFO | Courtney E. Sacchetti |
Major Backers & Investors (BWFG)
Notable institutional backers of Bankwell Financial Group, Inc. include Acadian Asset Management. LLC, Pacific Ridge Capital Partners, LLC, American Century Companies Inc, according to Nexqual as of October 29, 2026 at 12:25 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Acadian Asset Management. LLC | 2.92% |
| Pacific Ridge Capital Partners, LLC | 2.09% |
| American Century Companies Inc | 1.98% |
| Two Sigma Investments, LP | 1.49% |
| Siena Capital Partners GP, LLC | 1.46% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6.19% |
| Dimensional Fund Advisors | 4.14% |
| Vanguard Group | 3.48% |
| Geode Capital | 2.1% |
| State Street | 1.83% |
Source: Nexqual, October 29, 2026 at 12:25 UTC.
From Bankwell Financial Group, Inc.'s Latest SEC 10-K Filing (filed 2026-03-04)
Key Strengths & Strategy (as disclosed to the SEC)
- Institutions with less than $10 billion in assets, including the Bank, are exempt from certain provisions of the Dodd‑Frank Act, such as debit card interchange fee caps and heightened stress testing requirements, and generally have limited compliance obligations under the Volcker Rule, which restricts proprietary trading and certain investments in hedge funds and private equity funds.
- We strategically invest in our technology, data processing, risk management, and compliance infrastructure to enhance efficiency, profitability, and scalability.
- Our efficient approval process and local decision-making allow us to provide smart, proficient underwriting and timely decisions on new loan requests.
Partnerships
- On August 19, 2022, the Company entered into a Subordinated Note Purchase Agreement with certain qualified institutional buyers, pursuant to which the Company issued and sold 6.0% fixed-to-floating rate subordinated notes due 2032 (the "2022 Notes") in the aggregate principal amount of $35.0 million.
- The FRB may disapprove such a purchase or redemption if it determines that the proposal would constitute an unsafe or unsound practice or would violate any law, regulation, FRB order or any condition imposed by, or written agreement with, the FRB.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to numerous laws designed to protect consumers, including the Community Reinvestment Act, or CRA, and fair lending laws, and failure to comply with these laws could lead to a wide variety of sanctions.
- The evolving and often conflicting political and regulatory landscape related to environmental, social, and governance ("ESG") practices creates uncertainty and compliance challenges that may increase our costs and expose us to new or additional risks.
- Climate change and related legislative and regulatory initiatives may materially affect the Company's business and results of operations.
- Risks Applicable to the Regulation of our Industry
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FITB | Fifth Third Bancorp | USD 53.47 | ▼ 0.22% |
| NU | Nu Holdings Ltd. | USD 11.97 | ▼ 3.47% |
| TFC | Truist Financial Corporation | USD 48.42 | ▼ 0.25% |
| DB | Deutsche Bank AG | USD 33.51 | ▲ 4.33% |
| NWG | NatWest Group plc | USD 17.23 | ▲ 2.13% |
| LYG | Lloyds Banking Group Plc | USD 5.5 | ▲ 1.85% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 12:25 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt