{"schema_version":"secwatch.filing_event.v1","accession":"0001505732-24-000078","form_type":"8-K","ticker":"BWFG","cik":"0001505732","company_name":"Bankwell Financial Group, Inc.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.722182+00:00","generated_at":"2026-06-03T09:33:15.501924+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bankwell Q1 net income $3.8M ($0.48) vs $10.4M ($1.33) YoY; $3.7M charge-offs","bullets":["PPNR fell to $8.8M from $14.4M YoY; net interest margin 2.71% vs 3.24%.","Charge-offs of $3.7M linked to a suburban CT office building and two SBA loans.","Dividend of $0.20/share declared, payable May 21, record May 10.","Guidance: NIM expected to trough at 255-265 bps in Q2 2024; FY 2024 noninterest expense reaffirmed at $53-54M.","Repurchased 45,924 shares at weighted avg $25.33 through April 11."],"urls":{"canonical":"https://secwatch.observer/filing/0001505732-24-000078","json":"https://secwatch.observer/filing/0001505732-24-000078.json","markdown":"https://secwatch.observer/filing/0001505732-24-000078.md","text":"https://secwatch.observer/filing/0001505732-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505732/000150573224000078/0001505732-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505732/000150573224000078/bwfg-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:33:15.501924+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":"031ed6845e0caaa05a17e749239252d4b7be9f11","claim":"Bankwell Financial Group, Inc. reported the first quarter of 2024 results: net income $3.8 million, or $0.48 per share, EPS $0.48 and $0.48, respectively. Guidance reaffirmed.","evidence_excerpt":"Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505732/000150573224000078/0001505732-24-000078-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Net income","value":"$3.8 million, or $0.48 per share"},{"label":"EPS","value":"$0.48 and $0.48, respectively"},{"label":"Guidance","value":"reaffirmed"},{"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"}