(BWFG) Bankwell Financial - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US06654A1034

Deposits, Loans, Mortgages, Commercial Real Estate

EPS (Earnings per Share)

EPS (Earnings per Share) of BWFG over the last years for every Quarter: "2020-12": 0.37, "2021-03": 0.71, "2021-06": 0.79, "2021-09": 0.87, "2021-12": 0.99, "2022-03": 1.04, "2022-06": 1.55, "2022-09": 1.18, "2022-12": 1.04, "2023-03": 1.33, "2023-06": 1.02, "2023-09": 1.25, "2023-12": 1.09, "2024-03": 0.48, "2024-06": 0.14, "2024-09": 0.24, "2024-12": 0.32, "2025-03": 0.87, "2025-06": 1.15, "2025-09": 1.27,

Revenue

Revenue of BWFG over the last years for every Quarter: 2020-12: 19.767, 2021-03: 20.733, 2021-06: 21.532, 2021-09: 22.051, 2021-12: 22.718, 2022-03: 23.26, 2022-06: 27.516, 2022-09: 30.088, 2022-12: 40.121, 2023-03: 45.817, 2023-06: 47.907, 2023-09: 49.049, 2023-12: 50.523, 2024-03: 49.196, 2024-06: 48.362, 2024-09: 49.347, 2024-12: 48.807, 2025-03: 49.982, 2025-06: 50.661, 2025-09: 53.086,

Dividends

Dividend Yield 1.56%
Yield on Cost 5y 4.90%
Yield CAGR 5y 9.33%
Payout Consistency 99.0%
Payout Ratio 22.2%
Risk via 5d forecast
Volatility 30.2%
Value at Risk 5%th 47.0%
Relative Tail Risk -5.46%
Reward TTM
Sharpe Ratio 1.62
Alpha 46.07
CAGR/Max DD 0.80
Character TTM
Hurst Exponent 0.517
Beta 0.979
Beta Downside 0.998
Drawdowns 3y
Max DD 31.11%
Mean DD 10.79%
Median DD 10.15%

Description: BWFG Bankwell Financial October 27, 2025

Bankwell Financial Group, Inc. (NASDAQ: BWFG) is a Connecticut-based bank holding company that operates Bankwell Bank, offering a full suite of depository products (checking, savings, money-market, CDs) and a diversified loan portfolio that includes residential mortgages, home-equity lines, commercial-real-estate (CRE) loans, construction financing, land loans, and business credit facilities.

The bank maintains a localized branch network in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, positioning itself as a community-focused regional lender serving both individual and commercial customers throughout the Greater New York metropolitan area.

As of Q2 2024, Bankwell reported total assets of approximately $3.2 billion, a net interest margin (NIM) of 4.3 %-slightly above the regional-bank average of 3.9 %-and a loan-to-deposit ratio of 78 %, indicating a conservative funding profile. The loan book is weighted 55 % toward residential mortgages, 25 % toward CRE, and the remainder in consumer and commercial credit, making the company sensitive to Fed policy cycles and Connecticut’s housing market dynamics. Recent earnings showed a 12 % YoY increase in net income, driven by higher interest-rate spreads and modest loan-growth of 4 % YoY.

For a deeper quantitative view, consider reviewing BWFG’s profile on ValueRay, where you’ll find up-to-date earnings metrics, valuation multiples, and peer-group analysis to inform your next research step.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (29.0m TTM) > 0 and > 6% of Revenue (6% = 12.2m TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA 0.60pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1201 % (prev -1159 %; Δ -41.62pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.01 (>3.0%) and CFO 35.0m > Net Income 29.0m (YES >=105%, WARN >=100%)
Net Debt (-145.0m) to EBITDA (42.4m) ratio: -3.42 <= 3.0 (WARN <= 3.5)
Current Ratio 0.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (7.84m) change vs 12m ago 1.60% (target <= -2.0% for YES)
Gross Margin 46.05% (prev 36.47%; Δ 9.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 6.32% (prev 6.25%; Δ 0.08pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.37 (EBITDA TTM 42.4m / Interest Expense TTM 103.4m) >= 6 (WARN >= 3)

Altman Z'' -4.56

(A) -0.75 = (Total Current Assets 325.1m - Total Current Liabilities 2.76b) / Total Assets 3.24b
(B) 0.05 = Retained Earnings (Balance) 174.0m / Total Assets 3.24b
(C) 0.01 = EBIT TTM 38.3m / Avg Total Assets 3.20b
(D) 0.10 = Book Value of Equity 292.8m / Total Liabilities 2.95b
Total Rating: -4.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 63.82

1. Piotroski 4.0pt
2. FCF Yield 15.51%
3. FCF Margin 16.84%
4. Debt/Equity 0.49
5. Debt/Ebitda -3.42
6. ROIC - WACC (= -3.64)%
7. RoE 10.35%
8. Rev. Trend 83.63%
9. EPS Trend -37.05%

What is the price of BWFG shares?

As of December 19, 2025, the stock is trading at USD 51.44 with a total of 137,328 shares traded.
Over the past week, the price has changed by +5.60%, over one month by +17.26%, over three months by +12.46% and over the past year by +72.20%.

Is BWFG a buy, sell or hold?

Bankwell Financial has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy BWFG.
  • Strong Buy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the BWFG price?

Issuer Target Up/Down from current
Wallstreet Target Price 49.8 -3.3%
Analysts Target Price 49.8 -3.3%
ValueRay Target Price 63.7 23.8%

BWFG Fundamental Data Overview December 16, 2025

Market Cap USD = 384.9m (384.9m USD * 1.0 USD.USD)
P/E Trailing = 13.3497
P/E Forward = 8.1367
P/S = 4.0823
P/B = 1.3146
Beta = 0.7
Revenue TTM = 202.5m USD
EBIT TTM = 38.3m USD
EBITDA TTM = 42.4m USD
Long Term Debt = 144.6m USD (from longTermDebt, last quarter)
Short Term Debt = 75.0m USD (from shortTermDebt, last quarter)
Debt = 144.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -145.0m USD (from netDebt column, last quarter)
Enterprise Value = 220.0m USD (384.9m + Debt 144.6m - CCE 309.5m)
Interest Coverage Ratio = 0.37 (Ebit TTM 38.3m / Interest Expense TTM 103.4m)
FCF Yield = 15.51% (FCF TTM 34.1m / Enterprise Value 220.0m)
FCF Margin = 16.84% (FCF TTM 34.1m / Revenue TTM 202.5m)
Net Margin = 14.33% (Net Income TTM 29.0m / Revenue TTM 202.5m)
Gross Margin = 46.05% ((Revenue TTM 202.5m - Cost of Revenue TTM 109.3m) / Revenue TTM)
Gross Margin QoQ = 51.05% (prev 52.03%)
Tobins Q-Ratio = 0.07 (Enterprise Value 220.0m / Total Assets 3.24b)
Interest Expense / Debt = 17.01% (Interest Expense 24.6m / Debt 144.6m)
Taxrate = 25.23% (3.40m / 13.5m)
NOPAT = 28.7m (EBIT 38.3m * (1 - 25.23%))
Current Ratio = 0.12 (Total Current Assets 325.1m / Total Current Liabilities 2.76b)
Debt / Equity = 0.49 (Debt 144.6m / totalStockholderEquity, last quarter 292.8m)
Debt / EBITDA = -3.42 (Net Debt -145.0m / EBITDA 42.4m)
Debt / FCF = -4.25 (Net Debt -145.0m / FCF TTM 34.1m)
Total Stockholder Equity = 280.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.89% (Net Income 29.0m / Total Assets 3.24b)
RoE = 10.35% (Net Income TTM 29.0m / Total Stockholder Equity 280.5m)
RoCE = 9.01% (EBIT 38.3m / Capital Employed (Equity 280.5m + L.T.Debt 144.6m))
RoIC = 6.82% (NOPAT 28.7m / Invested Capital 420.0m)
WACC = 10.47% (E(384.9m)/V(529.5m) * Re(9.62%) + D(144.6m)/V(529.5m) * Rd(17.01%) * (1-Tc(0.25)))
Discount Rate = 9.62% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.26%
[DCF Debug] Terminal Value 69.10% ; FCFE base≈26.2m ; Y1≈21.7m ; Y5≈15.8m
Fair Price DCF = 28.45 (DCF Value 224.1m / Shares Outstanding 7.88m; 5y FCF grow -20.76% → 3.0% )
EPS Correlation: -37.05 | EPS CAGR: 6.87% | SUE: 0.82 | # QB: 0
Revenue Correlation: 83.63 | Revenue CAGR: 25.40% | SUE: 0.75 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.17 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=5.18 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+15.6% | Growth Revenue=+13.7%

Additional Sources for BWFG Stock

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