Bankwell Financial Group Inc ( (BWFG) ) has released its Q3 earnings. Here is a breakdown of the information Bankwell Financial Group Inc presented to its investors.
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Bankwell Financial Group Inc., a full-service commercial bank headquartered in New Canaan, CT, offers a range of commercial financing products and services, including SBA loans and treasury management.
In its latest earnings report for the third quarter of 2025, Bankwell Financial Group Inc. announced a GAAP net income of $10.1 million, or $1.27 per share, marking an improvement from the previous quarter. The company also declared a $0.20 per share cash dividend for the fourth quarter.
Key highlights from the report include a 21.5% increase in pre-tax, pre-provision net revenue to $13.9 million, and a notable expansion in net interest margin to 3.34%. The bank’s loan originations have reached $518 million year-to-date, and nonperforming assets have decreased to 0.56% of total assets, reflecting positive credit trends.
The report also highlighted strategic advancements, such as increased gains from SBA loan sales and an improved efficiency ratio of 51.4%. Bankwell’s balance sheet remains strong, with a reduction in non-performing assets and consistent capital growth.
Looking ahead, Bankwell Financial Group remains optimistic about maintaining its growth momentum into the end of 2025 and plans to provide guidance for 2026 in its year-end earnings release.