Bankwell Financial Group

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank. The Bank offers a full array of commercial and retail lending products to serve the needs of its customers. Commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans (such as business term loans, equipment financing and lines of credit) to small and mid-sized businesses and real estate construction and development loans. Retail lending products include residential mortgage loans, home equity lines of credit and consumer installment loans. Bankwell's retail lending products are offered to the community in general and as an accommodation to its commercial customers, and their executives and employees.

Company Growth (employees)
Type
Public
HQ
New Canaan, US
Founded
2002
Size (employees)
124 (est)
Bankwell Financial Group was founded in 2002 and is headquartered in New Canaan, US

Bankwell Financial Group Office Locations

Bankwell Financial Group has an office in New Canaan
New Canaan, US (HQ)
208 Elm St

Bankwell Financial Group Financials and Metrics

Bankwell Financial Group Financials

Bankwell Financial Group's revenue was reported to be $63.7 m in FY, 2016
USD

Net income (Q3, 2017)

4.3 m

EBIT (Q3, 2017)

13.5 m

Market capitalization (08-Dec-2017)

270.3 m

Cash (31-Dec-2016)

96.4 m

EV

359 m
Bankwell Financial Group's current market capitalization is $270.3 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

54.2 m63.7 m

Revenue growth, %

17%

Cost of goods sold

8 m11.9 m

Gross profit

46.3 m51.8 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

13.2 m14.4 m14.7 m15.6 m16.4 m17.7 m18.7 m

Cost of goods sold

1.6 m2.3 m2.6 m2.8 m3.1 m3.5 m4 m

Gross profit

11.6 m12.1 m12.1 m12.7 m13.3 m14.2 m14.6 m

Gross profit Margin, %

88%84%82%82%81%80%78%
USDFY, 2014FY, 2015FY, 2016

Cash

48.6 m88.6 m96.4 m

Accounts Receivable

3.3 m4.1 m5 m

Inventories

57.9 m132.9 m154.8 m

PP&E

11.9 m11.2 m17.8 m
USDFY, 2014FY, 2015FY, 2016

Net Income

4.6 m9 m12.4 m

Depreciation and Amortization

1.2 m1.7 m1.7 m

Accounts Receivable

(619 k)(748 k)(887 k)

Inventories

15.2 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

1.1 m2.4 m3.8 m1.9 m4.2 m6.4 m3 m5.9 m9 m3.7 m7.5 m4.3 m

Depreciation and Amortization

206 k497 k835 k403 k833 k1.3 m428 k865 k1.3 m412 k760 k

Accounts Receivable

16 k(104 k)(311 k)(19 k)(251 k)(508 k)(299 k)(637 k)(428 k)(222 k)(281 k)

Cash From Operating Activities

206 k1 m1.9 m2.8 m6.9 m10.1 m3.6 m6.9 m11.4 m7.3 m9.8 m14.4 m
    Y, 2017

    EV/EBIT

    26.7 x

    EV/CFO

    24.9 x
    Show all financial metrics

    Bankwell Financial Group Operating Metrics

    Bankwell Financial Group's Total Loans Issued was reported to be $1.5 b in Q2, 2017
    FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Non-accrual Loans

    $3.36 m$2.45 m$2.09 m$2.37 m$3.79 m$3.4 m$3.61 m$3.64 m$2.94 m$4.43 m$5.3 m

    Bank Branches

    999

    Total Loans Issued

    $929.76 m$978.65 m$1.04 b$1.13 b$1.15 b$1.2 b$1.28 b$1.33 b$1.37 b$1.43 b$1.49 b
    Show all operating metrics

    Bankwell Financial Group Market Value History

    Bankwell Financial Group's Web-traffic and Trends

    Bankwell Financial Group Online and Social Media Presence

    Bankwell Financial Group Company Life and Culture

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