Bankwell reports record Q2 net income of $6.2M; boosts dividend 29% to $0.18/share

Bankwell Financial Group, Inc.

2021-Q2 EPS reported $1.50 revenue$416,000

GAAP EPS $0.79 vs $0.16 in Q2 2020; net income $6.2M vs $1.2M.
Net interest margin improved to 3.12% from 2.81% YoY; efficiency ratio 55.7%.
Total gross loans ex-PPP grew $139.8M or 8.8% YTD; noninterest-bearing deposits up 21.6%.
Quarterly dividend raised 29% to $0.18, payable Aug 26 to holders of record Aug 16.
Repaid $10M of subordinated debt on May 15; tangible book value per share $24.40.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.