{"schema_version":"secwatch.filing_event.v1","accession":"0001505732-23-000064","form_type":"8-K","ticker":"BWFG","cik":"0001505732","company_name":"Bankwell Financial Group, Inc.","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.305595+00:00","generated_at":"2026-06-20T09:26:51.889254+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bankwell Financial posts record 2022 results; Q4 EPS $1.04, loan growth 41% YoY","bullets":["GAAP net income Q4 2022 of $8.0M ($1.04 EPS) vs $7.8M ($0.99 EPS) in Q4 2021; full year net income $37.4M ($4.79 EPS) vs $26.6M ($3.36 EPS).","Total gross loans grew 41.2% YoY to $2.7B; average yield on 2022 loan originations 6.24% vs 4.56% in 2021.","Net interest margin (FTE) expanded to 3.70% in Q4 2022 from 3.43% in Q4 2021; full year NIM 3.78% vs 3.17%.","Declared $0.20 per share quarterly dividend, payable Feb 23, 2023 to holders of record Feb 13, 2023.","Guides 2023 net interest income down ~10% vs 2022; CECL adoption on Jan 1, 2023, expected pre-tax impact of $3.4M-$4.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001505732-23-000064","json":"https://secwatch.observer/filing/0001505732-23-000064.json","markdown":"https://secwatch.observer/filing/0001505732-23-000064.md","text":"https://secwatch.observer/filing/0001505732-23-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/bwfg-20230125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T09:26:51.889254+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"041d8bf4f947f0c5caffac78bdf22eaaaf2815a7","claim":"Bankwell Financial Group, Inc. reported Q4 2022 results: revenue $27.3 million.","evidence_excerpt":"Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.0 million, or $1.04 per share for the fourth quarter of 2022, versus $7.8 million, or $0.99 per share, for the same period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Revenue","value":"$27.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"041d8bf4f947f0c5caffac78bdf22eaaaf2815a7","claim":"Bankwell Financial Group, Inc. reported Q4 2022 results: revenue $27.3 million.","evidence_excerpt":"Revenues (net interest income plus noninterest income) for the quarter ended December 31, 2022 were $27.3 million, versus $19.8 million for the quarter ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Revenue","value":"$27.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"77b19346457bf1b2e289ce9891f4e6d9fd55e2b3","claim":"Bankwell Financial Group, Inc. reported FY 2022 results: revenue $97.8 million.","evidence_excerpt":"For the year ended 2022, net income totaled $37.4 million, or $4.79 per share, versus $26.6 million, or $3.36 per share, for the same period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2022"},{"label":"Revenue","value":"$97.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"77b19346457bf1b2e289ce9891f4e6d9fd55e2b3","claim":"Bankwell Financial Group, Inc. reported FY 2022 results: revenue $97.8 million.","evidence_excerpt":"Revenues for the year ended December 31, 2022 were $97.8 million, versus $73.5 million for the year ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2022"},{"label":"Revenue","value":"$97.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cfd87363c0ea4b90a95ea92dbf9eb210df463b08","claim":"Bankwell Financial Group, Inc. updated its FY 2023 guidance (reaffirmed).","evidence_excerpt":"we re-affirm our expectations for 2023’s net interest income to decline by approximately 10% versus 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000064/0001505732-23-000064-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}