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Bankwell Financial Group BWFG Interest Expense, Deposits

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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$532.77M+70.0%
P/E12.4×-2.6×
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 us-gaap:InterestExpenseDeposits.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest on cash and cash equivalents1,8943,0433,8596,600
Total interest and dividend income52,23648,649102,77297,126
Interest expense
Interest expense on deposits21,26723,08343,19747,855
Interest expense on borrowings1,4661,6303,1863,269
Total interest expense22,73324,71346,38351,124
Net interest income29,50323,93656,38946,002
Provision (credit) for credit losses1,228(411)19952

Item 1. Financial Statements (unaudited)

FAQ

What is Bankwell Financial Group's interest expense, deposits?
Bankwell Financial Group (BWFG) reported interest expense, deposits of $21.27M in Q2 2026.
How has Bankwell Financial Group's interest expense, deposits changed year-over-year?
Bankwell Financial Group's interest expense, deposits decreased by 7.9% year-over-year, from $23.08M to $21.27M.
What is the long-term trend for Bankwell Financial Group's interest expense, deposits?
Over 4 years (2021 to 2025), Bankwell Financial Group's interest expense, deposits has grown at a 72.7% compound annual growth rate (CAGR), from $10.44M to $92.83M.
What does interest expense, deposits mean?
Interest Expense, Deposits

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