---
schema_version: "secwatch.filing_event.v1"
accession: "0001505732-22-000056"
form_type: "8-K"
ticker: "BWFG"
cik: "0001505732"
company_name: "Bankwell Financial Group, Inc."
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:25:57.814167+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bankwell posts record Q4 net income $7.8M ($0.99 EPS), ups dividend 11%

## Summary
- Net income $7.8M ($0.99 EPS) vs $0.3M ($0.04 EPS) in Q4 2020; full year $26.6M ($3.36 EPS) vs $5.9M ($0.75 EPS).
- Dividend increased 11% to $0.20/share, payable Feb 24, 2022 to holders of record Feb 14, 2022.
- Net interest margin improved to 3.43% from 2.66% a year ago; loans ex-PPP grew 19.1% YoY.
- Guidance: net interest income to grow 12-14% in 2022, assuming four rate hikes.
- Tangible book value per share rose to $26.19 from $22.43; ROAE 15.44% for Q4.

## SEC filing metadata
- accession: 0001505732-22-000056
- form_type: 8-K
- ticker: BWFG
- cik: 0001505732
- company_name: Bankwell Financial Group, Inc.
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505732/000150573222000056/0001505732-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505732/000150573222000056/bwfg-20220126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505732-22-000056
- JSON: https://secwatch.observer/filing/0001505732-22-000056.json
- Plain text: https://secwatch.observer/filing/0001505732-22-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.