BWFG
Income statement / Annual
Last year (2023), Bankwell Financial Group, Inc.'s total revenue was $98.44 M,
an increase of 0.68% from the previous year.
In 2023, Bankwell Financial Group, Inc.'s net income was $36.66 M.
See Bankwell Financial Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$98.44 M
|
$97.78 M
|
$73.54 M
|
$57.72 M
|
$59.01 M
|
$60.23 M
|
$58.99 M
|
$51.77 M
|
$46.27 M
|
$34.70 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$98.44 M |
$97.78 M |
$73.54 M |
$57.72 M |
$59.01 M |
$60.23 M |
$58.99 M |
$51.77 M |
$46.27 M |
$34.70 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| 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 |
$30.57 M
|
$25.27 M
|
$23.26 M
|
$26.58 M
|
$22.44 M
|
$22.83 M
|
$20.18 M
|
$18.78 M
|
$18.88 M
|
$15.96 M
|
| Selling & Marketing
Expenses |
$651,000.00
|
$366,000.00
|
$404,000.00
|
$630,000.00
|
$971,000.00
|
$1.59 M
|
$1.19 M
|
$948,000.00
|
$985,000.00
|
$674,000.00
|
| Selling, General &
Administrative Expenses |
$31.22 M
|
$25.64 M
|
$23.67 M
|
$27.21 M
|
$23.41 M
|
$24.42 M
|
$21.37 M
|
$19.73 M
|
$19.87 M
|
$16.64 M
|
| Other Expenses |
$68.09 M |
-$14.17 M |
-$63.35 M |
-$77.62 M |
-$59.47 M |
-$39.75 M |
-$10.07 M |
-$7.78 M |
$0.00 |
$0.00 |
| Operating Expenses |
$99.31 M |
$366,000.00 |
-$39.68 M |
-$50.42 M |
-$36.06 M |
-$15.34 M |
$1.19 M |
$948,000.00 |
$985,000.00 |
$674,000.00 |
| Cost And Expenses |
$145.25 M |
$366,000.00 |
-$39.68 M |
-$50.42 M |
-$36.06 M |
-$15.34 M |
$1.19 M |
$948,000.00 |
$985,000.00 |
$674,000.00 |
| Interest Income |
$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 |
$35.59 M |
| Interest Expense |
$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 |
$3.93 M |
| Depreciation &
Amortization |
$3.62 M
|
$3.37 M
|
$3.58 M
|
$3.28 M
|
$3.38 M
|
$1.73 M
|
$1.51 M
|
$1.73 M
|
$196,000.00
|
$133,000.00
|
| EBITDA |
$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
|
$7.98 M
|
| EBITDA Ratio |
0.52 |
0.76 |
0.51 |
0.18 |
0.39 |
0.77 |
0.74 |
0.62 |
0.51 |
0.34 |
| Operating Income Ratio
|
-0.01
|
0.73
|
0.46
|
0.13
|
0.39
|
0.75
|
0.74
|
0.61
|
0.5
|
0.34
|
| Total Other
Income/Expenses Net |
$48.91 M
|
-$5.55 M
|
-$3.46 M
|
-$5.71 M
|
-$2.84 M
|
-$3.10 M
|
-$4.03 M
|
-$3.01 M
|
-$3.19 M
|
-$4.05 M
|
| Income Before Tax |
$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 |
$6.74 M |
| Income Before Tax Ratio
|
0.49
|
0.49
|
0.46
|
0.13
|
0.39
|
0.35
|
0.43
|
0.35
|
0.3
|
0.19
|
| Income Tax Expense |
$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 |
$2.17 M |
| Net Income |
$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 |
$4.57 M |
| Net Income Ratio |
0.37 |
0.38 |
0.36 |
0.1 |
0.31 |
0.29 |
0.23 |
0.24 |
0.2 |
0.13 |
| EPS |
4.71 |
4.84 |
3.38 |
0.75 |
2.32 |
2.26 |
1.8 |
1.64 |
1.23 |
0.78 |
| EPS Diluted |
4.67 |
4.79 |
3.36 |
0.75 |
2.31 |
2.24 |
1.78 |
1.62 |
1.21 |
0.78 |
| Weighted Average Shares
Out |
$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
|
$5.58 M
|
| Weighted Average Shares
Out Diluted |
$7.65 M
|
$7.64 M
|
$7.76 M
|
$7.75 M
|
$7.78 M
|
$7.78 M
|
$7.67 M
|
$7.49 M
|
$7.14 M
|
$5.61 M
|
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