Bankwell Financial Group, Inc.

BWFG · XNAS

CIK 1505732fmd_14PGPZR2K4D2KXXJZEGJFYSFKRFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2012 to Sep 30, 2026, 56 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	61	71	80	83	77	81	118	188	192	198
Total revenues	52	59	1	1	1	1	1	2	2	3
Net interest income	49	54	56	54	55	68	95	94	83	99
Provision for credit losses	4	1	3	0	8	(0)	5	1	23	1
Realized investment gains (losses)	0	–	–	–	–	–	–	–	–	–
Net interest income after provision	45	53	53	53	47	68	89	94	61	98
Non-interest income	3	5	4	5	3	6	3	5	4	9
Compensation and benefits	16	16	19	19	21	18	22	25	24	30
Non-interest expense	30	33	36	36	43	40	44	50	51	59
Interest expense	12	17	24	29	23	13	23	94	109	99
Income before taxes	18	25	21	23	7	34	48	48	13	48
Income tax expense	6	11	4	5	1	7	11	11	4	13
Net income from continuing operations	12	14	17	18	6	27	37	37	10	35
Net income	12	14	17	18	6	27	37	37	10	35
Net income to common shareholders	12	14	–	–	6	26	37	36	10	35