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BWFG Financials Bankwell Financial Group, Inc.

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
$0 $19M $37M 2012 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
0% 1746% 3492% 2012 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 8% 16% 2012 2014 2016 2018 2020 2022 2024
ROEROA
Free cash flow (CFO − capex)
$0 $39M $78M 2012 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $205M $410M 2012 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$811M -$36M $739M $0 2012 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
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% — — — —

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.

Price / earnings (P/E)
0.0 18.7 37.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 113.1 226.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 1.7 3.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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.