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Bankwell Financial Group BWFG Number of nonaccrual loans modified

Number of nonaccrual loans modified at other companies

Hope Bancorp logo
Hope BancorpHOPE
$14.2M-55.3%
Hope Bancorp logo
Hope BancorpHOPE
$14.2M-55.3%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$1+33.3%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
1+33.3%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$7+133%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
7+133%

Other financials

Income statement

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Revenue$32.8M+26.3%
Net income$12.4M+36.1%
EPS (diluted)$1.52+33.3%

Balance sheet

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Cash & equivalents$203.4M-36.9%
Total debt$11.0M-8.7%
Total equity$323.5M+14.2%
Total assets$3.5B+7.4%

Cash flow

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Operating cash flow$10.2M+58.0%
CapEx$191.0K-49.5%
Free cash flow$10.0M+64.7%

Valuation

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Market cap$535.96M+71.8%
P/E12.5×-2.5×
P/S4.4×+1.0×

Profitability

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Net margin35.2%+12.6pp
FCF margin28.3%+2.2pp

Returns & leverage

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Return on equity14.1%+6.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Bankwell Financial Group in its filing.

Tagged under the XBRL concept bwfg:FinancingReceivableModifiedNonAccrualStatusContracts.

The source filing: Bankwell Financial Group’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 3:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001505732-26-000105

There were two new loan modifications reportable under ASC 326 at June 30, 2026 for $0.8 million. There was one new loan modification reportable under ASC 326 for $0.3 million at December 31, 2025. There were two nonaccrual modified loans at June 30, 2026. There was one nonaccrual modified loan at December 31, 2025. There were no loans modified that re-defaulted at June 30, 2026 or December 31, 2025.

Item 1. Financial Statements (unaudited)

FAQ

What is Bankwell Financial Group's number of nonaccrual loans modified?
Bankwell Financial Group (BWFG) reported number of nonaccrual loans modified of $2 in Q2 2026.
What does number of nonaccrual loans modified mean?
Number of nonaccrual loans modified as reported by Bankwell Financial Group Inc.

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