Bankwell Financi Financials
Bankwell Financi (BWFG) reported $2.8M in revenue for fiscal year 2025, up 44.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Profitability is driven by balance-sheet leverage, with small shifts in asset returns creating much larger swings in shareholder earnings.
From FY2023 to FY2025, operating cash flow stayed clustered near$30M even as net income swung from$36.7M to$9.8M and back to$35.2M . That pattern suggests reported earnings were more volatile than underlying cash generation, so FY2025 looks more like a recovery in profit spread on a similar operating base than a business transformed by new cash-producing capacity.
In FY2025, ROA of
Physical capital needs are minimal: capex was just
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Bankwell Financi's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Bankwell Financi, and counted as zero in the overall score.
Bankwell Financi passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Bankwell Financi generates $0.80 in operating cash flow ($28.3M OCF vs $35.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Bankwell Financi generated $2.8M in revenue in fiscal year 2025. This represents an increase of 44.0% from the prior year.
Bankwell Financi reported $35.2M in net income in fiscal year 2025. This represents an increase of 260.3% from the prior year.
Bankwell Financi earned $4.45 per diluted share (EPS) in fiscal year 2025. This represents an increase of 261.8% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Bankwell Financi generated $27.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 7.5% from the prior year.
Bankwell Financi held $224.9M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Bankwell Financi paid $0.80 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Bankwell Financi's ROE was 11.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Bankwell Financi spent $1.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 37.6% from the prior year.
Bankwell Financi invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 86.6% from the prior year.
Not reported for fiscal year 2025.
BWFG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M | $2.8M+44.0% | $2.0M+20.5% | $1.6M+52.0% | $1.1M+22.9% | $872K+10.7% | $788K-23.0% | $1.0M-6.1% | $1.1M-98.5% | $71.2M+16.7% | $61.0M+20.2% | $50.8M+42.6% | $35.6M+26.7% | $28.1M+15.1% | $24.4M |
| SG&A Expenses | $34.2M | $30.3M+27.5% | $23.7M-3.5% | $24.6M+10.6% | $22.2M+21.4% | $18.3M-14.2% | $21.4M+9.9% | $19.4M+2.4% | $19.0M+16.5% | $16.3M+4.0% | $15.7M-0.5% | $15.7M+16.3% | $13.5M+16.9% | $11.6M+22.5% | $9.5M |
| Interest Expense | $94.7M | $99.4M-8.6% | $108.7M+15.7% | $94.0M+305.1% | $23.2M+72.0% | $13.5M-40.4% | $22.7M-22.4% | $29.2M+23.0% | $23.7M+41.0% | $16.8M+41.5% | $11.9M+49.4% | $8.0M+102.7% | $3.9M+42.1% | $2.8M-13.4% | $3.2M |
| Income Tax | $15.5M | $13.3M+273.6% | $3.6M-68.7% | $11.4M+7.8% | $10.6M+45.1% | $7.3M+420.8% | $1.4M-70.4% | $4.7M+27.0% | $3.7M-67.1% | $11.3M+89.6% | $6.0M+23.1% | $4.8M+123.2% | $2.2M-0.7% | $2.2M+232.4% | $657K |
| Net Income | $42.9M | $35.2M+260.3% | $9.8M-73.4% | $36.7M-2.0% | $37.4M+40.8% | $26.6M+350.3% | $5.9M-67.6% | $18.2M+4.5% | $17.4M+26.1% | $13.8M+12.0% | $12.3M+36.8% | $9.0M+97.7% | $4.6M-11.5% | $5.2M+325.1% | $1.2M |
| EPS (Diluted) | — | $4.45+261.8% | $1.23-73.7% | $4.67-2.5% | $4.79+42.6% | $3.36+348.0% | $0.75-67.5% | $2.31+4.5% | $2.21+24.2% | $1.78+9.9% | $1.62+33.9% | $1.21+55.1% | $0.78 | $1.44+278.9% | $0.38 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BWFG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.4B+2.8% | $3.3B+1.6% | $3.2B-1.1% | $3.3B+32.4% | $2.5B+9.0% | $2.3B+19.7% | $1.9B+0.5% | $1.9B+4.3% | $1.8B+10.3% | $1.6B+22.4% | $1.3B+21.0% | $1.1B+41.0% | $779.6M | N/A |
| Cash & Equivalents | $224.9M-26.9% | $307.5M+14.3% | $269.2M-24.3% | $355.7M+3.2% | $344.7M-15.8% | $409.6M+424.8% | $78.1M-0.1% | $78.1M+10.4% | $70.7M-26.6% | $96.4M+8.8% | $88.6M+82.5% | $48.6M-40.8% | $82.0M+183.5% | $28.9M |
| Goodwill | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M | N/A | N/A |
| Total Liabilities | $3.1B+2.0% | $3.0B+1.6% | $2.9B-2.1% | $3.0B+33.7% | $2.3B+8.5% | $2.1B+22.2% | $1.7B0.0% | $1.7B+3.9% | $1.6B+10.3% | $1.5B+23.7% | $1.2B+23.5% | $970.3M+36.6% | $710.1M | N/A |
| Total Equity | $301.5M+11.4% | $270.5M+1.8% | $265.8M+11.4% | $238.5M+18.1% | $202.0M+14.4% | $176.6M-3.2% | $182.4M+4.7% | $174.2M+8.2% | $161.0M+10.4% | $145.9M+10.7% | $131.8M+2.0% | $129.2M+86.0% | $69.5M+34.8% | $51.5M |
| Retained Earnings | $181.6M+19.0% | $152.7M+2.3% | $149.2M+20.6% | $123.6M+33.8% | $92.4M+30.4% | $70.8M+2.2% | $69.3M+26.7% | $54.7M+33.3% | $41.0M+38.4% | $29.7M+56.4% | $19.0M+81.7% | $10.4M+74.6% | $6.0M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
BWFG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.8M | $28.3M-5.6% | $29.9M-6.2% | $31.9M-61.4% | $82.7M+139.2% | $34.6M+2385.6% | -$1.5M-122.8% | $6.6M-66.8% | $20.0M-2.9% | $20.6M+18.4% | $17.4M+32.1% | $13.1M+43.4% | $9.2M+211.0% | $2.9M-63.9% | $8.2M |
| Capital Expenditures | $1.3M | $1.1M+86.6% | $613K-70.0% | $2.0M-58.8% | $5.0M | N/A | N/A | $645K-80.8% | $3.4M+78.8% | $1.9M-77.7% | $8.4M+795.6% | $938K-54.1% | $2.0M+124.9% | $908K+32.7% | $684K |
| Free Cash Flow | $34.5M | $27.1M-7.5% | $29.3M-1.9% | $29.9M-61.5% | $77.7M | N/A | N/A | $6.0M-64.0% | $16.6M-11.1% | $18.7M+108.4% | $9.0M-26.5% | $12.2M+71.3% | $7.1M+249.2% | $2.0M-72.7% | $7.5M |
| Investing Cash Flow | -$344.7M | -$165.2M-386.4% | -$34.0M+29.7% | -$48.3M+94.0% | -$811.2M-200.4% | -$270.0M-1130.5% | -$21.9M-217.4% | $18.7M+125.0% | -$74.6M+61.6% | -$194.5M+33.3% | -$291.7M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $189.8M | $54.3M+28.1% | $42.4M+160.4% | -$70.1M-109.5% | $739.5M+333.6% | $170.6M-52.0% | $355.0M+1498.9% | -$25.4M-140.9% | $62.0M-58.2% | $148.3M-47.4% | $282.1M | N/A | N/A | N/A | N/A |
| Dividends Paid | $6.3M | $6.3M-0.3% | $6.3M+0.7% | $6.2M+0.8% | $6.2M+23.2% | $5.0M+14.5% | $4.4M+7.6% | $4.1M+8.5% | $3.8M+74.9% | $2.1M+29.4% | $1.7M+341.8% | $376K | N/A | N/A | N/A |
| Share Buybacks | $150K | $1.3M-37.6% | $2.1M | $0-100.0% | $5.5M+9.1% | $5.1M+389.6% | $1.0M+5.0% | $988K | $0 | $0 | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BWFG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 1245.5% | 497.7% | 2250.6% | 3491.5% | 3048.8% | 749.2% | 1780.7% | 1599.4% | 19.4%-0.8pp | 20.3%+2.5pp | 17.8%+5.0pp | 12.8%-5.5pp | 18.4%+13.4pp | 5.0% |
| Return on Equity | 11.7%+8.1pp | 3.6%-10.2pp | 13.8%-1.9pp | 15.7%+2.5pp | 13.2%+9.8pp | 3.3%-6.7pp | 10.0%0.0pp | 10.0%+1.4pp | 8.6%+0.1pp | 8.5%+1.6pp | 6.9%+3.3pp | 3.5%-3.9pp | 7.4%+5.1pp | 2.4% |
| Return on Assets | 1.1%+0.8pp | 0.3%-0.8pp | 1.1%0.0pp | 1.1%+0.1pp | 1.1%+0.8pp | 0.3%-0.7pp | 1.0%0.0pp | 0.9%+0.2pp | 0.8%0.0pp | 0.8%+0.1pp | 0.7%+0.3pp | 0.4%-0.2pp | 0.7% | N/A |
| Debt-to-Equity | 10.14-0.9x | 11.080.0x | 11.10-1.5x | 12.64+1.5x | 11.16-0.6x | 11.76+2.4x | 9.32-0.4x | 9.76-0.4x | 10.160.0x | 10.16+1.1x | 9.10+1.6x | 7.51-2.7x | 10.22 | N/A |
| FCF Margin | 960.0% | 1493.8% | 1834.4% | 7249.1% | N/A | N/A | 585.1% | 1525.3% | 26.3%+11.5pp | 14.7%-9.3pp | 24.1%+4.0pp | 20.0%+12.8pp | 7.3%-23.4pp | 30.7% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
Similar Companies
Where Bankwell Financi Ranks
Frequently Asked Questions
What is Bankwell Financi's annual revenue?
Bankwell Financi (BWFG) reported $2.8M in total revenue for fiscal year 2025. This represents a 44.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bankwell Financi's revenue growing?
Bankwell Financi (BWFG) revenue grew by 44.0% year-over-year, from $2.0M to $2.8M in fiscal year 2025.
Is Bankwell Financi profitable?
Yes, Bankwell Financi (BWFG) reported a net income of $35.2M in fiscal year 2025.
Does Bankwell Financi pay dividends?
Yes, Bankwell Financi (BWFG) paid $0.80 per share in dividends during fiscal year 2025.
What is Bankwell Financi's return on equity (ROE)?
Bankwell Financi (BWFG) has a return on equity of 11.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Bankwell Financi's free cash flow?
Bankwell Financi (BWFG) generated $27.1M in free cash flow during fiscal year 2025. This represents a -7.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Bankwell Financi's operating cash flow?
Bankwell Financi (BWFG) generated $28.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Bankwell Financi's total assets?
Bankwell Financi (BWFG) had $3.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Bankwell Financi's capital expenditures?
Bankwell Financi (BWFG) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Bankwell Financi's debt-to-equity ratio?
Bankwell Financi (BWFG) had a debt-to-equity ratio of 10.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bankwell Financi's return on assets (ROA)?
Bankwell Financi (BWFG) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Bankwell Financi's Piotroski F-Score?
Bankwell Financi (BWFG) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bankwell Financi's earnings high quality?
Bankwell Financi (BWFG) has an earnings quality ratio of 0.80x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Bankwell Financi?
Bankwell Financi (BWFG) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.