earnings
confidence high
sentiment positive
materiality 0.75
Bankwell Q2 net income $9.1M ($1.15 EPS); NIM expands to 3.10%, guidance raised
Bankwell Financial Group, Inc.
2025-Q2 EPS reported
$2.03
revenue$1,276,000
- GAAP net income $9.1M ($1.15 diluted EPS) vs $6.9M ($0.87) in Q1 2025.
- Net interest margin 3.10%, up 29bps linked quarter; cost of deposits improved to 3.40%.
- SBA loan sale gains $1.1M in Q2 vs $0.4M in Q1; SBA originations $11.8M.
- Updated FY2025 guidance: net interest income $97-98M, noninterest expense $58-59M, noninterest income $7-8M.
- Quarterly dividend of $0.20/share declared; payable Aug 22, record Aug 11.
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