Jeffrey Dunne Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank
Effective March 9, 2023, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Jeffrey Dunne to serve as a Director of the Company and Bankwell Bank.
Bankwell Financial Group Reports Record Net Income for the Second Quarter; Gross Loans Surpass $2 Billion; and Declares Third Quarter Dividend
Bankwell Financial Group, Inc. (
NASDAQ: BWFG) reported record GAAP net income of $12.0 million, or $1.55 per share, for the second quarter of 2022, versus $6.2 million, or $0.79 per share, for the same period in 2021. During the quarter ended June 30, 2022 the Company experienced several non-recurring items that positively impacted reported earnings. Adjusting for these items, operating earnings per share totaled $1.15 for the second quarter of 2022. Please reference the table below for a reconciliation of reported earnings per share to operating earnings per share.
Darryl Demos Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank
On May 25, 2022, Bankwell Financial Group, Inc.’s (the "Company", the holding company for Bankwell Bank, the “Bank”) shareholders elected Darryl Demos to serve as a Director of the Company and the Bank.
Bankwell Financial Group Reports Record Net Income for the First Quarter; Declares Second Quarter Dividend
Bankwell Financial Group, Inc. (
NASDAQ: BWFG) reported record GAAP net income of $8.2 million, or $1.04 per share, for the first quarter of 2022, versus $5.7 million, or $0.71 per share, for the same period in 2021.
Bankwell Financial Group Reports Record Net Income for the Fourth Quarter and Full Year 2021; Increases Dividend by 11%; Provides Guidance For 2022
Bankwell Financial Group, Inc. (
NASDAQ: BWFG) reported record GAAP net income for the fourth quarter and year ended 2021. For the fourth quarter of 2021 net income totaled $7.8 million, or $0.99 per share, versus $0.3 million, or $0.04 per share, for the same period in 2020. For the year ended 2021 net income totaled $26.6 million, or $3.36 per share, versus $5.9 million, or $0.75 per share, for the same period in 2020.
Bankwell Financial Group Reports Record Net Income for the Third Quarter; Declares Fourth Quarter Dividend; and Authorizes an Additional 200 Thousand Shares for Its Share Repurchase Program
Bankwell Financial Group, Inc. (
NASDAQ: BWFG) reported record GAAP net income of $6.9 million, or $0.87 per share, for the third quarter of 2021, versus $3.0 million, or $0.38 per share, for the same period in 2020.
Bankwell Financial Group Reports Record Operating Results for the Second Quarter; Increases Dividend by 29%
Bankwell Financial Group, Inc. (
NASDAQ:BWFG) reported record GAAP net income of $6.2 million, or $0.79 per share, for the second quarter of 2021, versus $1.2 million, or $0.16 per share, for the same period in 2020.
Bankwell Financial Group Reports Strong Operating Results for the First Quarter; Declares Second Quarter Dividend
Bankwell Financial Group, Inc. (
NASDAQ:BWFG) reported GAAP net income of $5.7 million, or $0.71 per share, for the first quarter of 2021, versus $1.4 million, or $0.17 per share, for the same period in 2020. Pre-tax, pre-provision net revenue ("PPNR")1 grew 48% to $7.0 million compared to the same period in 2020. Results include a $0.9 million one-time federal payroll tax credit for small businesses impacted by COVID-192.
