Date | Price Target | Rating | Analyst |
---|---|---|---|
5/10/2023 | $26.00 | Outperform | Hovde Group |
Bankwell Financial Group, Inc. (NASDAQ:BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending. Mr. Johnston most recently served as the National Sales Director for Ready Capital, the nation's fourth largest SBA lender. Additionally, Mr. Johnston has held various lending and underwriting positions at Zions Bank, Bank of the West, CapitalSource, and Washington Mutual. Christopher R. Gruseke, President and CEO of Bankwell, stated, "We are excited to welcome Michael to the team. We have created the new role of Head of SBA Lending to further our evolution as a relationship-drive
Combining industry leaders in ERISA and cannabis compliance, the country's first fully vetted and transparent PEP for legal cannabis companies is now available to join The North American Companies Council, Inc. (The NACC™) announced today that it has been offering a 401(k) Pooled Employer Plan (PEP) to its members. This groundbreaking initiative is designed to exclusively serve cannabis-related entities across the country. The NACC PEP is the country's first fully vetted and transparent 401(k) solution for legal cannabis companies. To date, it is the only fully vetted retirement savings option for this industry. Jeff Mayhall, Board Member, The NACC™, said, "Retirement savings is an impor
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $1.02 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $9.7 million, or $1.25 per share, for the second quarter of 2024, versus $12.8 million, or $1.68 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 23, 2024 to shareholders of record on August 12, 2024. We recommend reading this earnings release in conjunction with the Second Quarter 2024 Investor Presentation, located at http://investor.mybankwell.com/Presen
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
Hovde Group initiated coverage of Bankwell Financial Group with a rating of Outperform and set a new price target of $26.00
Keefe Bruyette upgraded Bankwell Financial Group from Mkt Perform to Outperform and set a new price target of $35.00 from $32.00 previously
Boenning & Scattergood upgraded Bankwell Financial Group from Neutral to Outperform and set a new price target of $33.00
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
SC 13G - Bankwell Financial Group, Inc. (0001505732) (Subject)
SC 13G/A - Bankwell Financial Group, Inc. (0001505732) (Subject)
SC 13G/A - Bankwell Financial Group, Inc. (0001505732) (Subject)
Bankwell Financial Group, Inc. (NASDAQ:BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending. Mr. Johnston most recently served as the National Sales Director for Ready Capital, the nation's fourth largest SBA lender. Additionally, Mr. Johnston has held various lending and underwriting positions at Zions Bank, Bank of the West, CapitalSource, and Washington Mutual. Christopher R. Gruseke, President and CEO of Bankwell, stated, "We are excited to welcome Michael to the team. We have created the new role of Head of SBA Lending to further our evolution as a relationship-drive
Combining industry leaders in ERISA and cannabis compliance, the country's first fully vetted and transparent PEP for legal cannabis companies is now available to join The North American Companies Council, Inc. (The NACC™) announced today that it has been offering a 401(k) Pooled Employer Plan (PEP) to its members. This groundbreaking initiative is designed to exclusively serve cannabis-related entities across the country. The NACC PEP is the country's first fully vetted and transparent 401(k) solution for legal cannabis companies. To date, it is the only fully vetted retirement savings option for this industry. Jeff Mayhall, Board Member, The NACC™, said, "Retirement savings is an impor
NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG) (the “Company”) announced today that it will resume its previously authorized share repurchase program. Under the existing program, the Company may repurchase an additional 307,333 shares, or approximately 4% of the Company’s outstanding shares. The Company also announced that it will include one-time pre-tax charges of approximately $3.9 million in its Q4 2020 results. Approximately $2.3 million of these charges are estimated to result in future cash expenditures. The charges are related to the Company’s previously announced expense reduction initiative and were approved by the Company’s Board of Dir
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $1.02 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $9.7 million, or $1.25 per share, for the second quarter of 2024, versus $12.8 million, or $1.68 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 23, 2024 to shareholders of record on August 12, 2024. We recommend reading this earnings release in conjunction with the Second Quarter 2024 Investor Presentation, located at http://investor.mybankwell.com/Presen
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash dividend, payable May 21, 2024 to shareholders of record on May 10, 2024. We recommend reading this earnings release in conjunction with the First Quarter 2024 Investor Presentation, located at http://investor.mybankwell.com/Presentations
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $1.04 per share, for the same period in 2022. For the year ended 2023, net income totaled $36.7 million, or $4.67 per share, versus $37.4 million, or $4.79 per share, for the same period in 2022. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 23, 2024 to shareholders of record on February 13, 2024. We recommend reading this earnings release in conjunction with the Fourth Quarter 2023 Investor Presentation, located at http://investor.mybankwell.com/Presentations and included as an exh
Bankwell Finl Gr (NASDAQ:BWFG) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.10 by 40 percent.
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains Bankwell Finl Gr (NASDAQ:BWFG) with a Outperform and lowers the price target from $35 to $34.
Bankwell Finl Gr (NASDAQ:BWFG) reported quarterly earnings of $1.09 per share which beat the analyst consensus estimate of $0.87 by 25.29 percent. This is a 4.81 percent increase over earnings of $1.04 per share from the same period last year.
10-Q/A - Bankwell Financial Group, Inc. (0001505732) (Filer)
10-Q - Bankwell Financial Group, Inc. (0001505732) (Filer)
8-K - Bankwell Financial Group, Inc. (0001505732) (Filer)