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Bankwell Financial Group BWFG Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

West Bancorporation logo
West BancorporationWTBA
$308K+9.2%
Red River Bancshares, Inc. logo
Red River Bancshares, Inc.RRBI
$221K+3.8%
Washington Trust Bancorp logo
Washington Trust BancorpWASH
$885K+15.1%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$757K+73.2%
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$665K+22.5%
Webster Financial Corporation logo
Webster Financial CorporationWBS

Other financials

Income statement

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Revenue$30.2M+28.2%
Net income$11.3M+63.7%
EPS (diluted)$1.41+62.1%

Balance sheet

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Cash & equivalents$217.9M-28.5%
Total debt$11.0M-8.7%
Total equity$311.9M+13.3%
Total assets$3.4B+6.0%

Cash flow

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Operating cash flow$7.7M+96.8%
CapEx$470.0K+385%
Free cash flow$7.3M+89.5%

Valuation

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Market cap$462.21M+66.9%
P/E11.7×-9.8×
P/S+0.9×

Profitability

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Net margin34.4%+19.9pp
FCF margin26.6%-1.5pp

Returns & leverage

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Return on equity13.5%+8.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Bankwell Financial Group in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: Bankwell Financial Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bankwell Financial Group's bank owned life insurance income?
Bankwell Financial Group (BWFG) reported bank owned life insurance income of $358K in Q1 2026.
How has Bankwell Financial Group's bank owned life insurance income changed year-over-year?
Bankwell Financial Group's bank owned life insurance income increased by 4.1% year-over-year, from $344K to $358K.
What is the long-term trend for Bankwell Financial Group's bank owned life insurance income?
Over 4 years (2021 to 2025), Bankwell Financial Group's bank owned life insurance income has grown at a 8.5% compound annual growth rate (CAGR), from $1.02M to $1.42M.
What does bank owned life insurance income mean?
This metric tracks the income generated from cash surrender value increases or death benefit proceeds on life insurance policies owned by the bank. It serves as a stable, non-interest income stream used to offset employee benefit costs.