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Articles from Bankwell Financial Group, Inc

Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025.
By Bankwell Financial Group, Inc · Via Business Wire · January 22, 2025
Bankwell Financial Group, Inc. Announces Date of Fourth Quarter Earnings Conference Call
Bankwell Financial Group, Inc. (NASDAQBWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended December 31, 2024, on Wednesday, January 22, 2025, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Thursday, January 23, 2025, to review the Company's financial performance and operating results.
By Bankwell Financial Group, Inc · Via Business Wire · January 9, 2025
Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company
Bankwell Financial Group, Inc. (NASDAQBWFG), the parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder and director, Lawrence B. Seidman, to increase his position in the Company from a maximum of 9.9% to 14.99% of common stock.
By Bankwell Financial Group, Inc · Via Business Wire · December 23, 2024
Bankwell Financial Group Reports Operating Results for the Third Quarter, Declares Fourth Quarter Dividend, and Announces Share Repurchase Plan
Bankwell Financial Group, Inc. (NASDAQBWFG), a leading commercial bank with a growing digital focus, reported GAAP net income of $1.9 million, or $0.24 per share for the third quarter of 2024, versus $1.1 million, or $0.14 per share, for the second quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 22, 2024 to shareholders of record on November 11, 2024.
By Bankwell Financial Group, Inc · Via Business Wire · October 28, 2024
Bankwell Financial Group, Inc. Announces Date of Third Quarter Earnings Conference Call
Bankwell Financial Group, Inc. (NASDAQBWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2024, on Monday, October 28, 2024, after market close. Management will also host an audio webcast and conference call at 10:00 a.m. Eastern Time, on Tuesday, October 29, 2024, to review the Company's financial performance and operating results.
By Bankwell Financial Group, Inc · Via Business Wire · October 10, 2024
Bankwell Hires Head of SBA Lending
Bankwell Financial Group, Inc. (NASDAQBWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending.
By Bankwell Financial Group, Inc · Via Business Wire · September 17, 2024
Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $1.02 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $9.7 million, or $1.25 per share, for the second quarter of 2024, versus $12.8 million, or $1.68 per share for the same period in 2023.
By Bankwell Financial Group, Inc · Via Business Wire · July 24, 2024
Kevin Leitão Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank
On May 29, 2024, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Kevin Leitão to serve as a Director of the Company and Bankwell Bank.
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per share for the same period in 2023.
By Bankwell Financial Group, Inc · Via Business Wire · April 24, 2024
Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2023; Declares First Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $1.04 per share, for the same period in 2022. For the year ended 2023, net income totaled $36.7 million, or $4.67 per share, versus $37.4 million, or $4.79 per share, for the same period in 2022.
By Bankwell Financial Group, Inc · Via Business Wire · January 24, 2024
Bankwell Financial Group Reports Operating Results for the Third Quarter and Declares Fourth Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $9.8 million, or $1.25 per share for the third quarter of 2023, versus $9.2 million, or $1.18 per share, for the same period in 2022.
By Bankwell Financial Group, Inc · Via Business Wire · October 25, 2023
Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $8.0 million, or $1.02 per share for the second quarter of 2023, versus $12.0 million, or $1.55 per share, for the same period in 2022.
By Bankwell Financial Group, Inc · Via Business Wire · July 26, 2023
Bankwell Hires Chief Innovation Officer
Bankwell Financial Group, Inc. (NASDAQBWFG), parent company of Bankwell Bank, today announced that Ryan J. Hildebrand has been appointed Executive Vice President in the newly created role of Chief Innovation Officer at Bankwell. Mr. Hildebrand will join Bankwell's Executive Team and report to Christopher R. Gruseke, President and CEO of Bankwell. Mr. Hildebrand will oversee growth strategies through innovation and technology.
By Bankwell Financial Group, Inc · Via Business Wire · July 25, 2023
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $10.4 million, or $1.33 per share for the first quarter of 2023, versus $8.2 million, or $1.04 per share, for the same period in 2022.
By Bankwell Financial Group, Inc · Via Business Wire · April 26, 2023
Bankwell Financial Group Reports Record Loan Growth for the Fourth Quarter and Full Year 2022; Declares First Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $8.0 million, or $1.04 per share for the fourth quarter of 2022, versus $7.8 million, or $0.99 per share, for the same period in 2021. For the year ended 2022, net income totaled $37.4 million, or $4.79 per share, versus $26.6 million, or $3.36 per share, for the same period in 2021.
By Bankwell Financial Group, Inc · Via Business Wire · January 25, 2023
Bankwell Announces New CFO
Courtney E. Sacchetti has been appointed to Executive Vice President, Chief Financial Officer at Bankwell, effective January 1, 2023, announced Christopher R. Gruseke, President and CEO of Bankwell and its parent company, Bankwell Financial Group. In her new capacity, Ms. Sacchetti will join Bankwell’s Executive Team and report to Mr. Gruseke.
By Bankwell Financial Group, Inc · Via Business Wire · November 8, 2022
Bankwell Financial Group Reports Strong Operating Results on Record Loan Growth for the Third Quarter; Declares Fourth Quarter Dividend
Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $9.2 million, or $1.18 per share, for the third quarter of 2022, versus $6.9 million, or $0.87 per share, for the same period in 2021. During the quarter ended September 30, 2022 the Company experienced another quarter of elevated loan prepayments that positively impacted reported earnings. Adjusting for this, operating earnings per share totaled $1.08 for the third quarter of 2022. Please reference the table below for a reconciliation of reported earnings per share to operating earnings per share.
By Bankwell Financial Group, Inc · Via Business Wire · October 26, 2022