earnings
confidence high
sentiment positive
materiality 0.75
Bankwell Q3 GAAP EPS $1.27 beats Q2 $1.15; NIM expands to 3.34%, NPAs drop to 0.56%
Bankwell Financial Group, Inc.
2025-Q3 EPS reported
$3.29
revenue$2,055,000
- GAAP net income $10.1M ($1.27 diluted EPS) vs Q2 $9.1M ($1.15). PPNR $13.9M, up 21.5% QoQ.
- Net interest margin 3.34% (+24 bps QoQ); loan yields 6.71%, deposit costs 3.30% (-10 bps).
- Nonperforming assets ratio improved to 0.56% from 0.78%; ACL-to-NPL ratio 176.7% vs 122.5%.
- Efficiency ratio improved to 51.4% from 56.1%; SBA gains $1.4M (avg premium 10%).
- Board declared $0.20/share dividend payable Nov 21, 2025 to holders of record Nov 10.