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.
Bankwell Financial Group director Lawrence B. Seidman and related entities increased their holdings through open‑market purchases of common stock. On June 1, 2026, they bought a combined 3,381 shares of BWFG at prices around $51.85–$52.04 per share.
Seidman personally acquired 81 shares at $51.95, bringing one direct holding line to 17,463 shares. Indirectly, entities such as Seidman and Associates, L.L.C., Seidman Investment Partnership II, L.P. and others now report six‑figure share positions. Additional footnotes describe multi‑year vesting schedules for several restricted stock grants.
Bankwell Financial Group, Inc. reported results of its Annual Meeting of Shareholders. Of 7,973,180 common shares outstanding as of the record date, 6,640,905 were present or represented by proxy, indicating strong participation.
All ten director nominees were elected, with support generally above 85% of votes cast, and many receiving over 95%. Shareholders approved the advisory proposal on executive compensation, with 4,868,485 votes in favor, representing 94.43% of votes cast on that item.
Investors also supported holding the say-on-pay advisory vote every year, with 4,515,990 votes, or 87.60%, favoring an annual frequency. In addition, shareholders ratified the selection of RSM US LLP as independent registered public accountants for the fiscal year ending December 31, 2026, with 6,565,637 votes, or 98.87% of votes cast, in favor.
Bankwell Financial Group director-related entity buys small number of shares
An entity associated with director Lawrence B. Seidman, Seidman and Associates, L.L.C., made an open-market purchase of 170 shares of Bankwell Financial Group, Inc. common stock at $49.92 per share.
After this transaction, Seidman and Associates, L.L.C. held 217,884 shares of common stock indirectly. The filing also details multiple direct and indirect holdings for Seidman and several grants of restricted stock that vest over future dates, indicating ongoing equity-based compensation rather than a large new position change.
Bankwell Financial Group director Lawrence B. Seidman reported additional indirect purchases of BWFG common stock. On May 13, 2026, affiliated investment entities completed several open‑market purchases totaling 1,930 common shares at prices around $50 per share, including buys by Chewy Gooey Cookies, L.P., Broad Park Investors, L.L.C., LSBK06-08, L.L.C., Seidman Investment Partnership II, L.P., Seidman Investment Partnership, L.P., and Seidman and Associates, L.L.C.
The filing also updates Seidman’s direct and indirect holdings, including shares held in a Deferred Compensation Plan, and details restricted stock awards granted between 2022 and 2026 under company stock plans, with scheduled vesting dates extending annually through February 7, 2029.
Bankwell Financial Group, Inc. reported stronger results for the three months ended March 31, 2026, with net income of $11.3 million, up from $6.9 million a year earlier. Net interest income rose to $26.9 million as interest expense on deposits declined and loan interest increased.
The company recorded a $1.0 million credit to the provision for credit losses versus an expense in the prior year, supporting earnings. Total assets were $3.37 billion, loans were $2.87 billion, and deposits were $2.89 billion. Diluted EPS increased to $1.41, while regulatory capital ratios at both the bank and holding company remained well above required minimums.
Bankwell Financial Group EVP & Chief Credit Officer Christine Chivily reported an open‑market sale of 4,321 shares of Common Stock at $52.16 per share on May 1, 2026. After this transaction, she directly held 11,865 common shares.
The filing also shows multiple stock grants under the 2022 Bankwell Financial Group, Inc. Stock Plan, including restricted and performance restricted stock with vesting schedules extending to February 7, 2025, 2026, 2027, 2028 and 2029, depending on continued service and achievement of performance goals.
The filing is a Form 144 notice related to Common stock sales for BWFG. It lists multiple RSU grant dates and per-grant share quantities (examples: 9 shares from 07/03/2023, 157 shares from 02/07/2019, 539 shares from 02/08/2021). The filing identifies Raymond James & Associates with an address and references NASDAQ and the date 05/01/2026.
BlackRock, Inc. reported beneficial ownership of 394,174 shares of Bankwell Financial Group, Inc. common stock, representing 4.9% of the class as of 03/31/2026. The filing lists 386,698 shares as sole voting power and 394,174 as sole dispositive power. The Schedule 13G/A amendment is signed by a Managing Director on 04/27/2026.
Bankwell Financial Group, Inc. reported strong first quarter 2026 results with GAAP net income of $11.3 million, or $1.41 diluted EPS, up from $9.1 million, or $1.15, in the prior quarter. Return on average assets was 1.35% and return on average tangible equity was 15.00%, highlighting solid profitability.
Core deposits grew by $113 million, including $39 million in low‑cost balances, while brokered deposits and FHLB borrowings fell by $44.5 million and $50.0 million, improving funding mix. Net interest margin was 3.28%, down modestly from 3.40%, with total deposit costs improving to 3.10%.
Loans increased to $2.87 billion with $190 million of originations, including $34 million of SBA loans. Asset quality remained controlled: nonperforming assets were 0.56% of total assets and the allowance for credit losses on loans covered 155.39% of nonperforming loans. The company remained well capitalized, with a 9.17% tangible common equity ratio and common equity tier 1 capital of 11.96% of risk‑weighted assets.
The Board declared a $0.20 per share quarterly cash dividend, payable May 19, 2026 to shareholders of record on May 8, 2026. Management reaffirmed full‑year guidance for net interest income, loan growth and non‑interest expense of $64–$65 million, and raised non‑interest income guidance to $12–$13 million, citing an improved outlook for SBA gains and other fees.