Bankwell Financial Group, Inc. (BWFG) Earnings
Bankwell Financial Group, Inc. is expected to report next earnings on July 27, 2026 (in NaN days), with a consensus EPS estimate of $1.25. BWFG has beaten EPS estimates in 8 of its last 11 reported quarters (average surprise +13.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $1.23 | $1.41 | +14.6% | $30M | +2.6% |
| Jan 29, 2026 | $1.20 | $1.15 | -4.2% | $30M | +7.6% |
| Oct 23, 2025 | $1.02 | $1.27 | +24.5% | $28M | +0.7% |
| Apr 23, 2025 | $0.73 | $0.87 | +19.2% | $24M | -2.6% |
| Jan 22, 2025 | $0.65 | $0.32 | -50.8% | $21M | -5.2% |
| Jul 24, 2024 | $0.10 | $0.14 | +40.0% | $22M | +2.6% |
| Mar 12, 2024 | — | $1.11 | — | $51M | — |
| Jul 26, 2023 | $0.86 | $1.02 | +18.6% | $25M | +17.0% |
| Jan 25, 2023 | $1.29 | $1.04 | -19.4% | $27M | +7.7% |
| Oct 26, 2022 | $1.03 | $1.18 | +14.6% | $25M | +9.4% |
| Jul 27, 2022 | $1.03 | $1.15 | +11.7% | $25M | +15.4% |
| Jan 26, 2022 | $0.87 | $0.99 | +13.8% | $20M | +1.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Chris Grisecki mentioned the solid start to 2026 with strong earnings. Loan growth was positive with $190 million originations. Core deposits showed meaningful growth. Net interest margin was affected by asset repricing but offset by deposit cost improvement. Non-interest income was a contributor. Credit quality remained healthy. The bank opened its first full-service branch in Brooklyn.
Guidance
Full-year net interest income guidance is $111 to $112 million. Raised full-year non-interest income guidance to $12 to $13 million.
Segment performance
Loan growth remained positive with net loan growth of $27 million during the quarter, including $34 million of SBA production. Core deposits increased by $113 million sequentially, with $39 million from low-cost deposits, including $24 million growth in analyzed checking balances. Net interest margin was 328 basis points. Non-interest income totaled $3.3 million, including $2.4 million of SBA gain on sale income.
Risks & headwinds
Deposit competition is very intense. Asset repricing and rate environment changes could impact net interest margin.
Analyst Q&A
Q: About deposit competition and SBA business,
A: Deposit competition is intense but core deposits grew, SBA business has growth potential.
Q: About Brooklyn office,
A: Mainly for deposit gathering, little lending.
Q: About loan pricing and buybacks,
A: New origination yields 7.5%, buybacks based on CET1 ratio