Bankwell Financial (BWFG) stock price, revenue, and financials

Bankwell Financial market cap is $113.3 m, and annual revenue was $5.24 m in FY 2019

$113.3 M

BWFG Mkt cap, 22-May-2020

$217 K

Bankwell Financial Revenue Q1, 2020
Bankwell Financial Net income (Q1, 2020)1.4 M
Bankwell Financial Cash, 31-Mar-2020203.6 M

Bankwell Financial Income Statement

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

54.2m63.7m75.8m84.0m5.2m

Revenue growth, %

17%19%11%

Cost of goods sold

8.0m11.9m16.8m23.7m

Gross profit

46.3m51.8m59.0m60.2m

Gross profit Margin, %

85%81%78%72%

Sales and marketing expense

985.0k948.0k1.2m1.6m971.0k

R&D expense

1.5m1.6m1.9m2.0m2.1m

General and administrative expense

5.3m5.8m6.2m6.8m

Operating expense total

29.2m29.5m32.5m35.6m5.7m

Depreciation and amortization

196.0k151.0k118.0k92.0k75.0k

EBIT

39.6m45.2m53.0m52.9m

EBIT margin, %

73%71%70%63%

Interest expense

29.2m

Pre tax profit

13.9m18.3m25.1m21.2m22.9m

Income tax expense

4.8m6.0m11.3m3.7m4.7m

Net Income

9.0m12.4m13.8m17.4m18.2m

Quarterly

Bankwell Financial Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

88.6m96.4m70.7m78.1m78.1m

Accounts Receivable

4.1m5.0m1.6b

Inventories

132.9m154.8m

PP&E

11.2m17.8m18.2m19.8m28.5m

Goodwill

2.6m2.6m2.6m2.6m2.6m

Total Assets

1.3b1.6b1.8b1.9b1.9b

Accounts Payable

128.2m143.7m1.4b1.5b

Short-term debt

25.0m25.1m25.1m25.2m

Long-term debt

120.0m160.0m199.0m160.0m

Total Debt

145.0m185.1m224.1m185.2m

Total Liabilities

1.5b1.6b1.7b1.7b

Common Stock

120.6m

Retained Earnings

19.0m29.7m41.0m54.7m69.3m

Total Equity

131.8m145.9m161.0m174.2m182.4m

Debt to Equity Ratio

1.1 x1.3 x1.4 x1.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x

Financial Leverage

10.1 x11.2 x11.2 x10.8 x10.3 x

Bankwell Financial Cash Flow

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

9.0m12.4m13.8m17.4m18.2m

Depreciation and Amortization

1.7m1.7m1.5m1.7m3.4m

Accounts Receivable

(748.0k)(887.0k)(952.0k)(465.0k)

Accounts Payable

(799.0k)

Cash From Operating Activities

14.2m17.8m20.6m20.0m6.6m

Purchases of PP&E

(645.0k)

Cash From Investing Activities

(194.6m)(292.1m)(194.5m)(74.6m)18.7m

Dividends Paid

(125.0k)(125.0k)(4.1m)

Cash From Financing Activities

220.4m282.1m148.3m62.0m(25.4m)

Net Change in Cash

(61.0k)

Interest Paid

7.5m11.8m16.6m18.7m23.9m

Income Taxes Paid

6.1m8.6m8.0m3.7m2.9m

Bankwell Financial Ratios

USDY, 2020

Financial Leverage

12.1 x

Bankwell Financial Operating Metrics

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

Bank Branches

9 9 9

Non-accrual Loans

$3.36 m$2.45 m$2.09 m$2.37 m$3.79 m$3.40 m$3.61 m$3.64 m$2.94 m$4.43 m$5.30 m

Total Loans

$929.76 m$978.65 m$1.04 b$1.13 b$1.15 b$1.20 b$1.28 b$1.33 b$1.37 b$1.43 b$1.49 b