Bankwell Financial Group Inc (BWFG) Files 10-K for the Fiscal Year Ended on December 31, 2018

Bankwell Financial Group Inc (BWFG, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Bankwell Financial Group Inc is a bank holding company which offers variety of financial services through its banking subsidiary, Bankwell Bank. Services offered by the company includes deposits, loans and advances, credit facilities and other. Bankwell Financial Group Inc has a market cap of $241.220 million; its shares were traded at around $30.76 with a P/E ratio of 13.85 and P/S ratio of 3.94. The dividend yield of Bankwell Financial Group Inc stocks is 1.59%.

For the last quarter Bankwell Financial Group Inc reported a revenue of $15.1 million, compared with the revenue of $15.46 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $60.2 million, an increase of 2.1% from last year. For the last five years Bankwell Financial Group Inc had an average revenue growth rate of 16% a year.

The reported diluted earnings per share was $2.21 for the year, an increase of 24.2% from previous year. Over the last five years Bankwell Financial Group Inc had an EPS growth rate of 15.1% a year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Bankwell Financial Group Inc has the cash and cash equivalents of $75.4 million, compared with $70.5 million in the previous year. The long term debt was $185.2 million, compared with $224.1 million in the previous year. Bankwell Financial Group Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $30.76, Bankwell Financial Group Inc is traded at 19.5% premium to its historical median P/S valuation band of $25.75. The P/S ratio of the stock is 3.94, while the historical median P/S ratio is 3.29. The stock lost 0.09% during the past 12 months.

Directors and Officers Recent Trades:

  • EVP & CLO Heidi Dewyngaert sold 1,500 shares of BWFG stock on 02/19/2019 at the average price of $30. The price of the stock has increased by 2.53% since.

For the complete 20-year historical financial data of BWFG, click here.