The earnings call highlighted significant improvements in net interest margin, loan originations, and asset quality, which contributed to increased earnings and profitability. However, there were challenges with elevated loan payoffs, increased noninterest expenses, and unresolved nonperforming assets.

Company Guidance

During the second quarter 2025 earnings call, Bankwell Financial Group, Inc. reported a net interest margin of 310 basis points, reflecting a 29 basis point increase from the previous quarter, driven by reduced funding costs and lower time deposit rates. GAAP fully diluted earnings per share were $1.15, up 32% from the first quarter, supported by significant net interest margin expansion and increased SBA loan sales contributions. The company funded $170 million in new loans, resulting in a $24 million quarter-over-quarter growth, despite $150 million in loan payoffs. Noninterest-bearing deposits grew by $48 million during the quarter, a 23% increase since year-end 2024, with expectations for continued deposit base improvements as new teams in the New York City metro area contribute. The bank's efficiency ratio improved to 56.1% from 59.9% in the previous quarter, and the net interest income guidance for full-year 2025 was updated to a range of $97 million to $98 million. Additionally, noninterest income increased by 34% to $2 million, with SBA gain-on-sale income contributing $1.1 million. Bankwell remains optimistic about further margin expansion and continued improvement in asset quality, as nonperforming loans decreased to just under $24 million, representing 89 basis points of total loans.

Significant Net Interest Margin Expansion

The company's net interest margin expanded to 310 basis points, a 29 basis point increase from the previous quarter. This was attributed to decreased funding costs and a diversified loan mix.

Robust Loan Originations

Bankwell funded $170 million in new loans in Q2, leading to $24 million in linked quarter growth. SBA loans had a strong pipeline with $22 million year-to-date originations.

Improved Asset Quality

Nonperforming loans dropped significantly from a peak of $65 million in Q3 2024 to just under $24 million in this quarter, marking an 89 basis point of total loans reduction.

Growth in Noninterest-Bearing Deposits

Noninterest-bearing deposits increased by $48 million in the quarter, achieving a year-to-date growth of $75 million or 23% since year-end.

Increased Earnings and Profitability

GAAP fully diluted earnings per share increased by 32% relative to the first quarter due to significant net interest margin expansion and SBA loan sales contributions.

Bankwell Financial Group (BWFG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BWFG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.06 / -	0.24	―	―	―
Jul 28, 2025	2025 (Q2)	0.84 / 1.15	0.14	721.43% (+1.01)
Apr 23, 2025	2025 (Q1)	0.73 / 0.87	0.48	81.25% (+0.39)
Jan 22, 2025	2024 (Q4)	0.65 / 0.32	1.09	-70.64% (-0.77)
Oct 28, 2024	2024 (Q3)	0.68 / 0.24	1.25	-80.80% (-1.01)
Jul 24, 2024	2024 (Q2)	0.10 / 0.14	1.02	-86.27% (-0.88)	―	―
Apr 24, 2024	2024 (Q1)	0.72 / 0.48	1.33	-63.91% (-0.85)	―	―
Jan 24, 2024	2023 (Q4)	0.86 / 1.09	1.04	4.81% (+0.05)	―	―
Oct 25, 2023	2023 (Q3)	0.93 / 1.25	1.08	15.74% (+0.17)	―	―
Jul 26, 2023	2023 (Q2)	0.93 / 1.02	1.15	-11.30% (-0.13)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BWFG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$37.20	$39.62	+6.51%
Apr 23, 2025	$30.07	$31.56	+4.96%
Jan 22, 2025	$29.23	$30.23	+3.42%
Oct 28, 2024	$28.35	$28.16	-0.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bankwell Financial Group (BWFG) report earnings?

Bankwell Financial Group (BWFG) is schdueled to report earning on Oct 22, 2025, TBA (Confirmed).

What is Bankwell Financial Group (BWFG) earnings time?

Bankwell Financial Group (BWFG) earnings time is at Oct 22, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BWFG EPS forecast?

BWFG EPS forecast for the fiscal quarter 2025 (Q3) is 1.06.

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