For the year ending 2025-12-31, BWFG made $2,826K in revenue. $35,198K in net income. Net profit margin of 1245.51%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Service charges and fees | 2,826 | |||
| Gains and fees from sales of loans | 5,078 | |||
| Bank owned life insurance | 1,416 | |||
| Other | 68 | |||
| Total noninterest income | 9,388 | |||
| Interest and fees on loans | 180,670 | |||
| Interest and dividends on securities | 6,167 | |||
| Interest on cash and cash equivalents | 11,490 | |||
| Total interest and dividend income | 198,327 | |||
| Interest expense on deposits | 92,828 | |||
| Interest expense on borrowings | 6,564 | |||
| Total interest expense | 99,392 | |||
| Net interest income | 98,935 | |||
| Provision for credit losses | 1,040 | |||
| Net interest income after provision for credit losses | 97,895 | |||
| Salaries and employee benefits | 30,285 | |||
| Occupancy and equipment | 10,124 | |||
| Data processing | 3,107 | |||
| Professional services | 5,988 | |||
| Director fees | 1,351 | |||
| Fdic insurance | 2,685 | |||
| Marketing | 608 | |||
| Other | 4,640 | |||
| Total noninterest expense | 58,788 | |||
| Income before income tax expense | 48,495 | |||
| Income tax expense | 13,297 | |||
| Net income | 35,198 | |||
| Basic EPS | 4.49 | |||
| Diluted EPS | 4.45 | |||
| Basic Average Shares | 7,750,191 | |||
| Diluted Average Shares | 7,826,280 | |||
Bankwell Financial Group, Inc. (BWFG)
Bankwell Financial Group, Inc. (BWFG)