Hovde Group initiated coverage on Bankwell Financial Group with a new price target
$BWFG
Major Banks
Finance
Hovde Group initiated coverage of Bankwell Financial Group with a rating of Outperform and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2025 | $38.50 → $42.00 | Market Perform | Hovde Group |
| 6/26/2025 | Mkt Perform | Raymond James | |
| 6/23/2025 | $35.00 → $38.50 | Market Perform | Hovde Group |
| 5/10/2023 | $26.00 | Outperform | Hovde Group |
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $10.1 million, or $1.27 per share for the third quarter of 2025, versus $9.1 million, or $1.15 per share, for the second quarter of 2025. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 21, 2025 to shareholders of record on November 10, 2025. Pre-tax, pre-provision net revenue ("PPNR") of $13.9 million or 1.70% of average assets. PPNR increased 21.5% relative to the second quarter of 2025's PPNR of $11.4 million. Discussion of Outlook; Bankwell Financial Group Chief Executive Officer, Christopher R. Gruseke: "We are proud to announce our third quarter results which demo
Bankwell Financial Group, Inc. (NASDAQ:BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2025, on Thursday, October 23, 2025. Management will also host an audio webcast and conference call at 11:00 a.m. Eastern Time, on Thursday, October 23, 2025, to review the Company's financial performance and operating results. The audio webcast link, along with the corresponding presentation slides, will be available on the Company's Investor Relations site (https://investor.mybankwell.com/news-market-data/event-calendar/default.aspx) prior to the beginning of the webcast. The webcast will also be archived on the
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $9.1 million, or $1.15 per share for the second quarter of 2025, versus $6.9 million, or $0.87 per share, for the first quarter of 2025. The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 22, 2025 to shareholders of record on August 11, 2025. Discussion of Outlook; Bankwell Financial Group Chief Executive Officer, Christopher R. Gruseke: "Our strong second quarter reflects an acceleration of positive trends which have been building over the past year. Notably, our net interest margin increased to 3.10% as a result of our improved funding costs. Loan originations accelerated in
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
4 - Bankwell Financial Group, Inc. (0001505732) (Issuer)
144 - Bankwell Financial Group, Inc. (0001505732) (Subject)
10-Q - Bankwell Financial Group, Inc. (0001505732) (Filer)
8-K - Bankwell Financial Group, Inc. (0001505732) (Filer)
Hovde Group reiterated coverage of Bankwell Financial Group with a rating of Market Perform and set a new price target of $42.00 from $38.50 previously
Raymond James initiated coverage of Bankwell Financial Group with a rating of Mkt Perform
Hovde Group resumed coverage of Bankwell Financial Group with a rating of Market Perform and set a new price target of $38.50 from $35.00 previously
Bankwell Financial Group, Inc. (NASDAQ:BWFG), the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer. Mr. Merritt brings extensive experience in banking, fintech, and engineering leadership to Bankwell. Prior to joining the company, he served as SVP, Head of Product at Cross River and was previously CEO of Seed, an online business bank. He also held the role of VP of Engineering at Simple, where he helped scale the company from its early stages to over 100,000 customers. Christopher R. Gruseke, President and CEO of Bankwell, stated, "We are pleased to welcome Brian to the team. His deep expertise in banking technology, product devel
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 $10.1 million, or $1.27 per share for the third quarter of 2025, versus $9.1 million, or $1.15 per share, for the second quarter of 2025. The Company's Board of Directors declared a $0.20 per share cash dividend, payable November 21, 2025 to shareholders of record on November 10, 2025. Pre-tax, pre-provision net revenue ("PPNR") of $13.9 million or 1.70% of average assets. PPNR increased 21.5% relative to the second quarter of 2025's PPNR of $11.4 million. Discussion of Outlook; Bankwell Financial Group Chief Executive Officer, Christopher R. Gruseke: "We are proud to announce our third quarter results which demo
Bankwell Financial Group, Inc. (NASDAQ:BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2025, on Thursday, October 23, 2025. Management will also host an audio webcast and conference call at 11:00 a.m. Eastern Time, on Thursday, October 23, 2025, to review the Company's financial performance and operating results. The audio webcast link, along with the corresponding presentation slides, will be available on the Company's Investor Relations site (https://investor.mybankwell.com/news-market-data/event-calendar/default.aspx) prior to the beginning of the webcast. The webcast will also be archived on the
Bankwell Financial Group, Inc. (NASDAQ:BWFG) reported GAAP net income of $9.1 million, or $1.15 per share for the second quarter of 2025, versus $6.9 million, or $0.87 per share, for the first quarter of 2025. The Company's Board of Directors declared a $0.20 per share cash dividend, payable August 22, 2025 to shareholders of record on August 11, 2025. Discussion of Outlook; Bankwell Financial Group Chief Executive Officer, Christopher R. Gruseke: "Our strong second quarter reflects an acceleration of positive trends which have been building over the past year. Notably, our net interest margin increased to 3.10% as a result of our improved funding costs. Loan originations accelerated in
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