Bankwell has a new look.

September 27, 2024

Bankwell Hires Head of SBA Lending

Bankwell has hired Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending.

September 17, 2024

Kevin Leitão Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank

On May 29, 2024, the Boards of Directors of Bankwell Financial Group, Inc. (the "Company") and its wholly-owned subsidiary, Bankwell Bank (together with the Company, “Bankwell”) elected Kevin Leitão to serve as a Director of the Company and Bankwell Bank.

July 24, 2024

Bankwell Financial Group Reports Operating Results for the Second Quarter and Declares Third Quarter Dividend

Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $1.1 million, or $0.14 per share for the second quarter of 2024, versus $8.0 million, or $1.02 per share, for the same period in 2023.

July 24, 2024

Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend

Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023.

April 24, 2024

Bankwell Bank pilots generative AI in small-business lending

As banks test the many possible use cases for generative AI — deep-learning models that can analyze large volumes of data and generate statistically probable outputs when prompted — one area of interest is small-business lending. A generative-AI-based virtual assistant or copilot can help shepherd small-business owners through the time-consuming and sometimes perplexing loan application process and take care of much of the work loan officers typically do, such as data validation, qualification and loan approval.

February 8, 2024

Bankwell Financial Group Reports Operating Results for the Fourth Quarter and Full Year 2023; Declares First Quarter Dividend

Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $8.5 million, or $1.09 per share for the fourth quarter of 2023, versus $8.0 million, or $1.04 per share, for the same period in 2022. For the year ended 2023, net income totaled $36.7 million, or $4.67 per share, versus $37.4 million, or $4.79 per share, for the same period in 2022.

January 24, 2024

Bankwell Hires Chief Innovation Officer

Bankwell Financial Group, Inc. (NASDAQ: BWFG), parent company of Bankwell Bank, today announced that Ryan J. Hildebrand has been appointed Executive Vice President in the newly created role of Chief Innovation Officer at Bankwell.

July 25, 2023

Darryl Demos Elected to the Board of Directors of Bankwell Financial Group, Inc. and Bankwell Bank

On May 25, 2022, Bankwell Financial Group, Inc.’s (the "Company", the holdingcompany for Bankwell Bank, the “Bank”) shareholders elected Darryl Demos toserve as a Director of the Company and the Bank.

May 25, 2022

For past earnings and other information, please visit the Bankwell Investor site.