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Bankwell Financial Group BWFG Data processing and equipment
Data processing and equipment at other companies
Other financials
Where this comes from
Reported directly by Bankwell Financial Group in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
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
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Salaries and employee benefits | 8,678 | 7,521 | 18,508 | 14,573 |
| Occupancy and equipment | 2,816 | 2,505 | 5,521 | 5,080 |
| Professional services | 1,364 | 1,632 | 2,757 | 3,161 |
| Data processing | 694 | 712 | 1,410 | 1,597 |
| Director fees | 357 | 333 | 720 | 681 |
| FDIC insurance | 530 | 684 | 1,073 | 1,463 |
| Marketing | 129 | 218 | 255 | 360 |
| Other | 687 | 941 | 1,900 | 1,772 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Bankwell Financial Group's data processing and equipment?
- Bankwell Financial Group (BWFG) reported data processing and equipment of $694K in Q2 2026.
- How has Bankwell Financial Group's data processing and equipment changed year-over-year?
- Bankwell Financial Group's data processing and equipment decreased by 2.5% year-over-year, from $712K to $694K.
- What is the long-term trend for Bankwell Financial Group's data processing and equipment?
- Over 4 years (2021 to 2025), Bankwell Financial Group's data processing and equipment has grown at a 6.6% compound annual growth rate (CAGR), from $2.41M to $3.11M.
- What does data processing and equipment mean?
- This expense category covers costs related to maintaining the bank's core banking systems, digital platforms, and data infrastructure. It is a key indicator of the bank's investment in operational efficiency and digital transformation.
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