---
schema_version: "secwatch.filing_event.v1"
accession: "0001505732-26-000068"
form_type: "8-K"
ticker: "BWFG"
cik: "0001505732"
company_name: "Bankwell Financial Group, Inc."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:53:18.288617+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BWFG Q1 net income $11.3M ($1.41 EPS); raises non-interest income guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001505732-26-000068
- form_type: 8-K
- ticker: BWFG
- cik: 0001505732
- company_name: Bankwell Financial Group, Inc.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505732/000150573226000068/0001505732-26-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505732/000150573226000068/bwfg-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505732-26-000068
- JSON: https://secwatch.observer/filing/0001505732-26-000068.json
- Plain text: https://secwatch.observer/filing/0001505732-26-000068.txt

## Key facts
- Earnings Releases
  Bankwell Financial Group, Inc. reported first quarter of 2026 results: net income $11.3 million, EPS $1.41 per share. Guidance raised.
  - Period: first quarter of 2026
  - Net income: $11.3 million
  - EPS: $1.41 per share
  - Guidance: raised
  - Result: reported results
  source text: Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $11.3 million, or $1.41 per share for the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1505732/000150573226000068/0001505732-26-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.