earnings
confidence high
sentiment positive
materiality 0.75
BWFG Q1 net income $11.3M ($1.41 EPS); raises non-interest income guidance
Bankwell Financial Group, Inc.
2026-Q1 EPS reported
$1.41
revenue$780,000
- GAAP net income $11.3M, diluted EPS $1.41 vs Q4 2025 net income $9.1M, EPS $1.15.
- Core deposit growth of $113M sequentially; wholesale ratio improved to 18.1%.
- Net interest margin 3.28%, down 12 bps from Q4 2025; loan yields 6.56%.
- SBA loan sale gains $2.4M; non-interest income guidance raised to $12-$13M for 2026.
- Quarterly dividend $0.20/share declared, payable May 19, 2026 to holders of record May 8.