secwatch.observer — SEC 8-K summary
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Issuer:     Bankwell Financial Group, Inc. (BWFG)
CIK:        0001505732
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001505732-22-000182
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bankwell Q2 record net income $12.0M, EPS $1.55; operating EPS $1.15; dividend $0.20
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- Record GAAP net income $12.0M ($1.55 EPS) vs $6.2M ($0.79 EPS) in Q2 2021.
- Revenue $25.0M up 39% YoY; net interest margin 4.01% vs 3.12% prior year.
- Gross loans $2.1B (+8.5% since Dec 2021); deposits $2.0B (-4.3%).
- Operating EPS $1.15 (adjusted for prepayments and reserve releases); ROAA 1.96% (operating 1.45%).
- Board declared $0.20 dividend payable Aug 25 to holders of record Aug 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505732/000150573222000182/0001505732-22-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505732/000150573222000182/bwfg-20220727.htm
  HTML page:      https://secwatch.observer/filing/0001505732-22-000182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer