bankwell financial group, inc. is the connecticut-based bank holding company that has the bank, bankwell. as its subsidiary. the bank serves the banking and lending needs of businesses and consumers throughout connecticut. the company's stock symbol is bwfg.
Company profile
Ticker
BWFG
Exchange
Website
CEO
Christopher Gruseke
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BNC Financial Group, Inc.
SEC CIK
BWFG stock data
Latest filings (excl ownership)
8-K
Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend
24 Apr 24
DEFA14A
Additional proxy soliciting materials
16 Apr 24
DEF 14A
Definitive proxy
16 Apr 24
10-K
2023 FY
Annual report
12 Mar 24
8-K
Other Events
21 Feb 24
8-K
Departure of Directors or Certain Officers
26 Jan 24
8-K
Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2023; Declares First Quarter Dividend
24 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Bankwell Financial Group Reports Operating Results for the Third Quarter and Declares Fourth Quarter Dividend
25 Oct 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 258.10 mm | 258.10 mm | 258.10 mm | 258.10 mm | 258.10 mm | 258.10 mm |
Cash burn (monthly) | 1.32 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 9.14 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 248.95 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 188.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
32.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 68 |
Opened positions | 7 |
Closed positions | 4 |
Increased positions | 24 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 46.64 bn |
Total shares | 2.57 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 382.45 k | $9.32 bn |
Vanguard | 317.12 k | $7.73 bn |
Banc Funds | 281.62 k | $6.87 mm |
Dimensional Fund Advisors | 262.74 k | $6.41 bn |
Renaissance Technologies | 145.10 k | $3.54 mm |
LSV Asset Management | 120.35 k | $2.93 mm |
Geode Capital Management | 117.39 k | $2.86 bn |
Siena Capital Partners GP | 110.34 k | $2.69 bn |
Acadian Asset Management | 81.11 k | $1.98 mm |
STT State Street | 72.33 k | $1.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Steven H Brunner | Common Stock | Payment of exercise | Dispose F | No | No | 25.17 | 456 | 11.48 k | 4,026 |
11 Mar 24 | Jeffrey R Dunne | Common Stock | Buy | Acquire P | Yes | No | 25.97 | 14 | 363.58 | 2,161 |
11 Mar 24 | Dale Eric J | Common Stock | Buy | Acquire P | Yes | No | 25.97 | 32 | 831.04 | 34,813 |
11 Mar 24 | Drexler Blake S | Common Stock | Buy | Acquire P | Yes | No | 25.97 | 3 | 77.91 | 35,610 |
11 Mar 24 | Porto Carl M | Common Stock | Buy | Acquire P | Yes | No | 25.97 | 24 | 623.28 | 17,378 |
8 Mar 24 | Jeffrey R Dunne | Common Stock | Buy | Acquire P | Yes | No | 25.49 | 276 | 7.04 k | 2,147 |
8 Mar 24 | Dale Eric J | Common Stock | Buy | Acquire P | Yes | No | 25.47 | 545 | 13.88 k | 34,781 |
8 Mar 24 | Drexler Blake S | Common Stock | Buy | Acquire P | Yes | No | 25.38 | 116 | 2.94 k | 35,607 |
8 Mar 24 | Porto Carl M | Common Stock | Buy | Acquire P | Yes | No | 25.46 | 318 | 8.10 k | 17,354 |
7 Mar 24 | Jeffrey R Dunne | Common Stock | Buy | Acquire P | Yes | No | 25.09 | 283 | 7.10 k | 1,871 |