14 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 29.1% per year over the past 5 years.
Net income has grown faster than revenue (42.9% vs 29.1% per year).
Free cash flow has declined 29.6% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 11 consecutive years, consuming 17.8% of earnings and 23.1% of free cash flow.
The dividend has grown 7.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$3M
$35M
0.0%
0.0%
11.7%
1.0%
$27M
—
$225M
2024
$2M
$10M
0.0%
0.0%
3.6%
0.3%
$29M
—
$308M
2023
$2M
$37M
0.0%
0.0%
13.8%
1.1%
$30M
—
$269M
2022
$1M
$37M
0.0%
0.0%
15.7%
1.2%
$78M
—
$356M
2021
$872000
$27M
0.0%
0.0%
13.2%
1.1%
—
—
$345M
2020
$788000
$6M
0.0%
0.0%
3.3%
0.3%
—
—
$410M
2019
$1M
$18M
0.0%
0.0%
10.0%
1.0%
$6M
—
$78M
2018
$1M
$17M
0.0%
0.0%
10.0%
0.9%
$17M
—
$78M
2017
—
$14M
—
—
8.6%
0.8%
$19M
—
$71M
2016
—
$12M
—
—
8.5%
0.8%
$9M
—
$96M
2015
—
$9M
—
—
6.9%
0.7%
—
—
—
2014
—
$5M
—
—
3.5%
0.4%
—
—
—
2013
—
$5M
—
—
7.4%
0.7%
—
—
—
2012
—
$1M
—
—
2.4%
—
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$951000
$13M
0.0%
0.0%
3.8%
0.4%
$12M
—
$256M
Jun '26
$665000
$12M
0.0%
0.0%
3.8%
0.4%
$10M
—
$203M
Mar '26
$780000
$11M
0.0%
0.0%
3.6%
0.3%
$7M
—
$218M
Dec '25
$771000
$9M
0.0%
0.0%
3.0%
0.3%
$7M
—
$225M
Sep '25
$779000
$10M
0.0%
0.0%
3.4%
0.3%
$10M
—
$295M
Jun '25
$674000
$9M
0.0%
0.0%
3.2%
0.3%
$6M
—
$322M
Mar '25
$602000
$7M
0.0%
0.0%
2.5%
0.2%
$4M
—
$305M
Dec '24
$589000
$3M
0.0%
0.0%
1.1%
0.1%
$14M
—
$308M
Sep '24
$575000
$2M
0.0%
0.0%
0.7%
0.1%
-$672000
—
$291M
Jun '24
$495000
$1M
0.0%
0.0%
0.4%
0.0%
$7M
—
$251M
Mar '24
$304000
$4M
0.0%
0.0%
1.4%
0.1%
$9M
—
$248M
Dec '23
$688000
$9M
0.0%
0.0%
3.2%
0.3%
-$773000
—
$269M
Sep '23
$294000
$10M
0.0%
0.0%
3.8%
0.3%
$13M
—
$258M
Jun '23
$361000
$8M
0.0%
0.0%
3.2%
0.2%
$12M
—
$262M
Mar '23
$286000
$10M
0.0%
0.0%
4.3%
0.3%
$6M
—
$277M
Dec '22
$343000
$8M
0.0%
0.0%
3.4%
0.2%
$17M
—
$356M
Sep '22
$240000
$9M
0.0%
0.0%
4.0%
0.3%
$18M
—
$223M
Jun '22
$249000
$12M
0.0%
0.0%
5.3%
0.5%
$22M
—
$171M
Mar '22
$240000
$8M
0.0%
0.0%
3.9%
0.3%
$21M
—
$299M
Dec '21
$257000
$8M
0.0%
0.0%
3.9%
0.3%
—
—
$345M
Valuation over time
How the market has priced BWFG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 5.3× (Mar '23) to 16.6× (Nov '26).
The price-to-sales ratio has risen from 185.1× (Mar '23) to 206.5× (Nov '26).
The dividend yield has fallen from 3.1% (Mar '23) to 1.1% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BWFG growing its revenue and profit?
Over the past 5 years, Bankwell Financial Group, Inc.'s revenue has grown 29.1% per year, and net income grown 42.9% per year. These are computed facts, not advice.
How much debt does BWFG have?
As of FY2025, Bankwell Financial Group, Inc. reported — of total debt against $225M of cash.
What is BWFG's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 1245.5%.
What is BWFG's P/E ratio?
Bankwell Financial Group, Inc.'s P/E (TTM) is 12.82 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BWFG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 16.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.