{"schema_version":"secwatch.filing_event.v1","accession":"0001505732-23-000198","form_type":"8-K","ticker":"BWFG","cik":"0001505732","company_name":"Bankwell Financial Group, Inc.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.131284+00:00","generated_at":"2026-06-13T02:18:29.882238+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bankwell Q2 net income falls to $8.0M from $12.0M YoY; guides NII decline to 5-6%","bullets":["GAAP EPS $1.02 versus $1.55 in Q2 2022; net interest margin compressed to 3.07% from 4.01%.","Revenue (NII + noninterest income) $25.4M vs $25.0M YoY; average loan yield 5.95%.","Provision for credit losses $2.6M in Q2 vs $0.8M in Q1; CECL macro factors cited.","Revised 2023 NII guidance: now expects 5-6% decline, prior was ~10% decline.","Declares $0.20 quarterly dividend payable Aug 24; loan book grew 3.7% from Dec 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001505732-23-000198","json":"https://secwatch.observer/filing/0001505732-23-000198.json","markdown":"https://secwatch.observer/filing/0001505732-23-000198.md","text":"https://secwatch.observer/filing/0001505732-23-000198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000198/0001505732-23-000198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000198/bwfg-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:18:29.882238+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":"fcec4faba748048c8027b38bb1cd0fa511599838","claim":"Bankwell Financial Group, Inc. reported the second quarter of 2023 results: revenue $25.4 million, net income $8.0 million, EPS $1.02 per share. Guidance raised.","evidence_excerpt":"totaling $15.9 million, or 0.5% of total assets. 1 Earnings and Performance Revenues (net interest income plus noninterest income) for the quarter ended June 30, 2023 were $25.4 million, versus $25.0 million and for the quarter ended June 30, 2022. Revenues for the six months ended June 30, 2023 were $52.5 million , versus $45.4 million for the six months ended","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573223000198/0001505732-23-000198-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Revenue","value":"$25.4 million"},{"label":"Net income","value":"$8.0 million"},{"label":"EPS","value":"$1.02 per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}