Welcome to our dedicated page for Bankwell Financial Group SEC filings (Ticker: BWFG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bankwell Financial Group, Inc.'s filings document the holding company's ownership of Bankwell Bank and recurring disclosures for a commercial banking issuer. Form 8-K reports furnish quarterly results of operations and financial condition, Regulation FD presentation materials, and trends in profitability, loan growth, deposits, funding costs, net interest margin, credit quality and SBA lending activity.
Definitive proxy materials cover annual meeting governance, director matters, executive compensation, equity awards and shareholder voting items. The filings also record the company's Connecticut incorporation, public-company identifiers, furnished earnings releases and exhibits used to report financial results and presentation materials.
BlackRock, Inc. reports passive ownership of common stock of Bankwell Financial Group, Inc. under a Schedule 13G filing. BlackRock and specified reporting business units beneficially own 416,427 shares of Bankwell common stock, representing 5.2 % of the outstanding class.
BlackRock has sole voting power over 408,734 shares and sole dispositive power over 416,427 shares, with no shared voting or dispositive power reported. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Bankwell’s total outstanding common shares.
Bankwell Financial Group reported strong Q2 2026 results, with GAAP net income of $12.4 million and diluted EPS of $1.52, up from $11.3 million and $1.41 in Q1. Profitability metrics were solid, including a 1.46% return on average assets and 15.61% return on average tangible common equity. Pre-tax, pre-provision net revenue rose 31.4% quarter-over-quarter to $17.5 million as net interest income increased to $29.5 million and net interest margin expanded to 3.58%. The efficiency ratio improved to 47.5%.
Core deposits grew $128 million while gross loans increased $93.1 million to about $3.0 billion, allowing wholesale funding and brokered deposits to decline. Asset quality remained favorable: nonperforming assets fell to 0.46% of total assets and the $30.6 million allowance for credit losses on loans covered 193% of nonperforming loans. Shareholders’ equity reached $323.5 million and fully diluted tangible book value per share rose to $40.25. The board declared a $0.20 quarterly dividend. Management updated 2026 guidance, raising net interest income to $115–$117 million and loan growth to 5–7%, while lifting noninterest expense guidance to $65–$67 million but expecting no adverse impact on the 2026 efficiency ratio.
Bankwell Financial Group, Inc. Chief Innovation Officer Ryan Jason Hildebrand reported a share sale tied to tax withholding on recently vested stock. On July 1, 2026, 1,088 shares of common stock were sold at $58.48 per share through the company’s cashless stock exercise program to cover tax liabilities on the vesting of 3,334 shares.
After this transaction, he directly holds 2,246 common shares. In addition, he holds 15,000 performance restricted shares granted under the 2022 Stock Plan, which have a three-year cliff vesting on February 7, 2028 if performance goals are met. He also holds 3,116 restricted and performance restricted shares from the same plan, with half vesting in three equal annual installments starting February 7, 2027 and half subject to three-year cliff vesting on February 7, 2029 based on performance.
Bankwell Financial Group director Lawrence B. Seidman reported an indirect open-market purchase of Bankwell common stock. On June 5, 2026, a Deferred Compensation Plan associated with him bought 323 shares at $53.70 per share, increasing that plan’s holdings to 4,844 shares.
The filing also lists Seidman’s other direct and indirect holdings through several investment entities, along with multiple restricted stock grants that are scheduled to vest in tranches between 2026 and 2029 under Bankwell’s stock plans.
Bankwell Financial Group director Eric J. Dale reported an open-market purchase of common stock. On June 5, 2026, he bought 588 shares of Bankwell Financial Group, Inc. common stock at $53.70 per share through a Deferred Compensation Plan, increasing his indirect holdings there to 42,496 shares.
Separate entries show direct holdings of Bankwell common stock and multiple restricted stock grants under the 2022 Bankwell Financial Group, Inc. Stock Plan with scheduled vesting dates through 2029. As of the filing date, the footnotes state that 1,200, 1,066, and 600 shares from different grants have vested.
Bankwell Financial Group, Inc. director Blake S. Drexler reported a small open-market purchase of 79 shares of common stock at $53.70 per share on June 5, 2026, through a Deferred Compensation Plan, bringing that plan’s holdings to 36,933 shares.
The filing also updates his broader ownership picture, including 160,861 shares held directly, 58,224 shares held by family members over which he exercises effective control, and 1,128 shares held through an IRA/401(k), along with several tranches of restricted stock granted under company stock plans with scheduled vesting over future years.
Bankwell Financial Group director Jeffrey R. Dunne made an open-market purchase of 315 shares of common stock at $53.70 per share on June 5, 2026 through a Deferred Compensation Plan, bringing that indirect holding to 6,120 shares. The filing also outlines multiple restricted stock awards under the 2022 Stock Plan with vesting tranches scheduled from February 2026 through February 2029.
Bankwell Financial Group, Inc. director Carl M. Porto reported an open-market purchase of company stock. On June 5, 2026, he bought 370 shares of Bankwell Financial Group common stock at $53.70 per share through a Deferred Compensation Plan, bringing that plan’s holdings to 22,070 shares.
He also reports various direct and indirect restricted stock positions. Footnotes describe grants of 1,600 shares on December 31, 2022, 1,600 shares on December 29, 2023, 1,800 shares on February 7, 2025, and 1,455 shares on February 9, 2026 under company stock plans, with portions of these awards already vested as of the filing date.
Bankwell Financial Group director Todd Lampert reported an open-market sale of 3,500 shares of common stock on June 5, 2026, at an average price of $53.59 per share. After this sale, he directly holds 12,366 common shares and also reports indirect holdings through an IRA and a spouse's IRA.
The filing also details multiple grants of restricted stock under Bankwell’s 2012 and 2022 Stock Plans, with portions scheduled to vest annually between 2026 and 2029. These awards represent ongoing equity-based compensation that increases his exposure to Bankwell’s future performance.