BWFG
Income statement / Annual
Last year (2024), Bankwell Financial Group, Inc.'s total revenue was $195.71 M,
an increase of 1.25% from the previous year.
In 2024, Bankwell Financial Group, Inc.'s net income was $9.77 M.
See Bankwell Financial Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$195.71 M |
$193.30 M |
$120.99 M |
$87.03 M |
$80.37 M |
$88.19 M |
$83.96 M |
$75.83 M |
$63.67 M |
$54.24 M |
| Cost of Revenue |
$131.33 M
|
$94.85 M
|
$28.64 M
|
$13.43 M
|
$30.26 M
|
$29.62 M
|
$27.18 M
|
$18.18 M
|
$15.81 M
|
$11.20 M
|
| Gross Profit |
$64.38 M
|
$98.44 M
|
$92.35 M
|
$73.60 M
|
$50.11 M
|
$58.57 M
|
$56.79 M
|
$57.65 M
|
$47.85 M
|
$43.04 M
|
| Gross Profit Ratio |
0.33
|
0.51
|
0.76
|
0.85
|
0.62
|
0.66
|
0.68
|
0.76
|
0.75
|
0.79
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$28.94 M
|
$30.57 M
|
$25.27 M
|
$20.85 M
|
$23.36 M
|
$20.37 M
|
$20.80 M
|
$18.31 M
|
$17.17 M
|
$17.36 M
|
| Selling & Marketing Expenses |
$452.00 K
|
$651.00 K
|
$366.00 K
|
$404.00 K
|
$630.00 K
|
$971.00 K
|
$1.59 M
|
$1.19 M
|
$948.00 K
|
$985.00 K
|
| Selling, General & Administrative Expenses |
$29.39 M
|
$31.22 M
|
$25.64 M
|
$21.26 M
|
$23.99 M
|
$21.34 M
|
$22.38 M
|
$19.51 M
|
$18.12 M
|
$18.34 M
|
| Other Expenses |
$21.66 M
|
$19.18 M
|
$18.73 M
|
$18.48 M
|
$18.82 M
|
$14.28 M
|
$13.25 M
|
$13.02 M
|
$11.42 M
|
$10.83 M
|
| Operating Expenses |
$51.05 M
|
$50.40 M
|
$44.36 M
|
$39.74 M
|
$42.81 M
|
$35.63 M
|
$35.63 M
|
$32.52 M
|
$29.54 M
|
$29.17 M
|
| Cost And Expenses |
$182.38 M
|
$145.25 M
|
$73.00 M
|
$53.17 M
|
$73.07 M
|
$65.25 M
|
$62.81 M
|
$50.70 M
|
$45.36 M
|
$40.37 M
|
| Interest Income |
$191.99 M
|
$188.45 M
|
$117.95 M
|
$81.38 M
|
$77.49 M
|
$82.95 M
|
$80.06 M
|
$71.20 M
|
$60.99 M
|
$50.75 M
|
| Interest Expense |
$108.71 M
|
$93.99 M
|
$23.20 M
|
$13.49 M
|
$22.65 M
|
$29.19 M
|
$23.74 M
|
$16.84 M
|
$11.90 M
|
$7.97 M
|
| Depreciation & Amortization |
$3.78 M
|
$3.62 M
|
$3.37 M
|
$3.58 M
|
$3.28 M
|
$3.38 M
|
$1.73 M
|
$1.51 M
|
$1.73 M
|
$1.69 M
|
| EBITDA |
$17.10 M |
$51.67 M |
$51.35 M |
$37.44 M |
$10.58 M |
$26.32 M |
$22.89 M |
$26.64 M |
$20.04 M |
$15.56 M |
| EBITDA Ratio |
0.09
|
0.27
|
0.42
|
0.43
|
0.13
|
0.3
|
0.27
|
0.35
|
0.31
|
0.29
|
| Operating Income Ratio |
0.07
|
0.25
|
0.4
|
0.39
|
0.09
|
0.26
|
0.25
|
0.33
|
0.29
|
0.26
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$13.33 M
|
$48.04 M
|
$47.98 M
|
$33.86 M
|
$7.30 M
|
$22.94 M
|
$21.15 M
|
$25.13 M
|
$18.31 M
|
$13.87 M
|
| Income Before Tax Ratio |
0.07
|
0.25
|
0.4
|
0.39
|
0.09
|
0.26
|
0.25
|
0.33
|
0.29
|
0.26
|
| Income Tax Expense |
$3.56 M
|
$11.38 M
|
$10.55 M
|
$7.28 M
|
$1.40 M
|
$4.73 M
|
$3.72 M
|
$11.30 M
|
$5.96 M
|
$4.84 M
|
| Net Income |
$9.77 M
|
$36.66 M
|
$37.43 M
|
$26.59 M
|
$5.90 M
|
$18.22 M
|
$17.43 M
|
$13.83 M
|
$12.35 M
|
$9.03 M
|
| Net Income Ratio |
0.05
|
0.19
|
0.31
|
0.31
|
0.07
|
0.21
|
0.21
|
0.18
|
0.19
|
0.17
|
| EPS |
1.24 |
4.71 |
4.84 |
3.38 |
0.75 |
2.32 |
2.23 |
1.8 |
1.64 |
1.23 |
| EPS Diluted |
1.23 |
4.67 |
4.79 |
3.36 |
0.75 |
2.31 |
2.21 |
1.78 |
1.62 |
1.21 |
| Weighted Average Shares Out |
$7.71 M
|
$7.59 M
|
$7.56 M
|
$7.71 M
|
$7.73 M
|
$7.76 M
|
$7.72 M
|
$7.57 M
|
$7.40 M
|
$7.07 M
|
| Weighted Average Shares Out Diluted |
$7.74 M
|
$7.65 M
|
$7.64 M
|
$7.76 M
|
$7.75 M
|
$7.79 M
|
$7.78 M
|
$7.67 M
|
$7.49 M
|
$7.14 M
|
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