Bankwell Financial Group financials
$65.33−1.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $207.7M | $195.7M | $193.3M | $121.0M | $87.0M | $80.4M | $88.2M | $84.0M | $75.8M | $63.7M |
| Gross profit | $108.3M | $87.0M | $99.3M | $97.8M | $73.5M | $57.7M | $59.0M | $60.2M | $59.0M | $51.8M |
| Gross margin | 52.1% | 44.5% | 51.4% | 80.8% | 84.5% | 71.8% | 66.9% | 71.7% | 77.8% | 81.3% |
| Operating income | $48.5M | $13.3M | $48.0M | $48.0M | $33.9M | $7.3M | $22.9M | $21.2M | $25.1M | $18.3M |
| Net income | $34.8M | $9.5M | $35.7M | $36.6M | $26.1M | $5.8M | $18.0M | $17.2M | $13.7M | $12.1M |
| Net margin | 16.7% | 4.9% | 18.5% | 30.3% | 30.0% | 7.2% | 20.4% | 20.5% | 18.0% | 19.0% |
| Diluted EPS | $4.45 | $1.23 | $4.67 | $4.79 | $3.36 | $0.75 | $2.31 | $2.21 | $1.78 | $1.62 |
| EBITDA | $48.5M | $13.3M | $48.0M | $48.0M | $33.9M | $7.3M | $22.9M | $21.2M | $25.1M | $18.3M |
| Operating cash flow | $28.3M | $29.9M | $31.9M | $82.7M | $34.6M | -$1.5M | $6.6M | $20.0M | $20.6M | $17.4M |
| Free cash flow | $27.1M | $29.3M | $29.9M | $77.7M | $30.3M | -$4.8M | $6.0M | $16.6M | $18.7M | $9.0M |
| Diluted shares | 7.8M | 7.7M | 7.6M | 7.6M | 7.8M | 7.7M | 7.8M | 7.8M | 7.7M | 7.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $214.6M | $293.6M | $267.5M | $344.9M | $291.6M | $405.3M |
| Short-term investments | $208.7M | $165.7M | $135.0M | $137.6M | $164.3M | $119.0M |
| Total debt | $179.7M | $159.5M | $159.2M | $159.0M | $84.4M | $200.3M |
| Total assets | $3.36B | $3.27B | $3.22B | $3.25B | $2.46B | $2.25B |
| Total liabilities | $3.06B | $3.00B | $2.95B | $3.01B | $2.25B | $2.08B |
| Shareholders' equity | $301.5M | $270.5M | $265.8M | $238.5M | $202.0M | $176.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology