# Bankwell Financial Group Inc. (BWFG)

**Exchange:** NASDAQ  
**Market cap:** $432M  
**Price:** $55.15 (-1.08%)

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3M | — | — | $35M | — |
| 2024 | $2M | — | — | $10M | — |
| 2023 | $2M | — | — | $37M | — |
| 2022 | $1M | — | — | $37M | — |
| 2021 | $872,000 | — | — | $27M | — |
| 2020 | $788,000 | — | — | $6M | — |
| 2019 | $1M | — | — | $18M | — |
| 2018 | $1M | — | — | $17M | — |
| 2017 | $71M | — | — | $14M | — |
| 2016 | $61M | — | — | $12M | — |
| 2015 | $51M | — | — | $9M | — |
| 2014 | $36M | — | — | $5M | — |
| 2013 | $28M | — | — | $5M | — |
| 2012 | $24M | — | — | $1M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.36B | $3.06B | $301M | — | — |
| 2024 | $3.27B | $3.00B | $271M | — | — |
| 2023 | $3.22B | $2.95B | $266M | — | — |
| 2022 | $3.25B | $3.01B | $238M | — | — |
| 2021 | $2.46B | $2.25B | $202M | — | — |
| 2020 | $2.25B | $2.08B | $177M | — | — |
| 2019 | $1.88B | $1.70B | $182M | — | — |
| 2018 | $1.87B | $1.70B | $174M | — | — |
| 2017 | $1.80B | $1.64B | $161M | — | — |
| 2016 | $1.63B | $1.48B | $146M | $96M | — |
| 2015 | $1.33B | $1.20B | $132M | $89M | — |
| 2014 | $1.10B | $970M | $129M | $49M | — |
| 2013 | $780M | $710M | $69M | $82M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $28M | $1M | $27M |
| 2024 | $30M | $613,000 | $29M |
| 2023 | $32M | $2M | $30M |
| 2022 | $83M | $5M | $78M |
| 2021 | $35M | — | — |
| 2020 | -$2M | — | — |
| 2019 | $7M | $645,000 | $6M |
| 2018 | $20M | $3M | $17M |
| 2017 | $21M | $2M | $19M |
| 2016 | $17M | $8M | $9M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BWFG)