Earnings ·
Bankwell reports $1.58 Q3 EPS and declares $0.20 quarterly dividend
BWFGBankwell Financial Group, Inc.
Bankwell Financial Group reported third-quarter 2026 GAAP net income of $12.7 million, or $1.58 per share, compared to $12.4 million, or $1.52 per share, in the prior quarter. Results included $3.0 million in non-interest expenses related to core conversion costs; excluding these items, operating net income was $15.0 million, or $1.86 per share. The company also announced a quarterly cash dividend of $0.20 per share, payable on November 20, 2026, to shareholders of record as of November 9, 2026. Bankwell Financial Group is the holding company for Bankwell Bank, a full-service commercial bank providing financing and deposit services.