Bankwell Financial Group Price Overview
Bankwell Financial Group (BWFG) opened at $29.83. Key metrics include:
- Debt-to-equity: 0.60
- Current ratio: 1.06
- Market cap: $235.60 million
- P/E ratio: 7.77
- Beta: 0.83
- 1-year low: $22.47, 1-year high: $31.09
- 50-day moving average: $29.03
- 200-day moving average: $26.21
Earnings Summary
On July 24, Bankwell reported an EPS of $0.14, exceeding expectations of $0.10. They had a return on equity of 8.76% and net margin of 11.76%, with revenue of $48.36 million.
Recent Dividend Announcement
A quarterly dividend of $0.20 per share was declared and paid on August 23. The annualized dividend is $0.80, yielding 2.68%. The dividend payout ratio is 20.83%.
Insider Transactions
EVP Christine Chivily sold 1,815 shares at $27.88 each on August 28, totaling $50,602.20. She retained 14,449 shares valued at about $402,838. Director Kevin D. Leitao bought 2,500 shares at $26.83 each on July 29. Insiders have purchased 2,691 shares worth $72,620 in the last 90 days, owning 19.20% of the company.
Institutional Holdings
Several institutional investors increased their positions in BWFG, including:
- Bridge City Capital LLC: +17.9%
- BNP Paribas Financial Markets: +119.9%
- Empowered Funds LLC: +7.6%
- GM Advisory Group LLC: +0.8%
- Vanguard Group: +0.6%
Institutional investors hold 35.80% of the company’s stock.
About Bankwell Financial Group
Bankwell Financial Group operates Bankwell Bank, offering various banking services for individuals and businesses. Services include checking accounts, loans, and mortgages.
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