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Bankwell Financial Group (Bankwell Financial Group) Pre-Tax Income : $39.58 Mil (TTM As of Mar. 2024)


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What is Bankwell Financial Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Bankwell Financial Group's pretax income for the three months ended in Mar. 2024 was $5.08 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $39.58 Mil. Bankwell Financial Group's pretax margin was 23.04%.

During the past 13 years, Bankwell Financial Group's highest Pretax Margin was 49.07%. The lowest was 12.65%. And the median was 37.13%.


Bankwell Financial Group Pre-Tax Income Historical Data

The historical data trend for Bankwell Financial Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bankwell Financial Group Pre-Tax Income Chart

Bankwell Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.94 7.30 33.86 47.98 48.04

Bankwell Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.55 10.17 12.85 11.47 5.08

Competitive Comparison of Bankwell Financial Group's Pre-Tax Income

For the Banks - Regional subindustry, Bankwell Financial Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bankwell Financial Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bankwell Financial Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Bankwell Financial Group's Pre-Tax Income falls into.



Bankwell Financial Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Bankwell Financial Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+48.043
=48.04

Bankwell Financial Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+5.082
=5.08

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $39.58 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bankwell Financial Group  (NAS:BWFG) Pre-Tax Income Explanation

Bankwell Financial Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=5.082/22.062
=23.04%

During the past 13 years, Bankwell Financial Group's highest Pretax Margin was 49.07%. The lowest was 12.65%. And the median was 37.13%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bankwell Financial Group Pre-Tax Income Related Terms

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Bankwell Financial Group (Bankwell Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.
Executives
Lawrence B Seidman director LANIDEX CORPORATE PARK, 100 LANIDEX PLAZA 1ST FL, PARSIPPANY NJ 07054
Eric J Dale director C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840
Jeffrey R Dunne director 90 BUTTERNUT LANE, SOUTHPORT CT 06890
Carl M Porto director C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840
Blake S Drexler director C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840
Christine Chivily officer: EVP & Chief Credit Officer C/O BANKWELL FINANCIAL GROUP, INC., 208 ELM STREET, NEW CANAAN CT 06840
Garnett James M Jr director C/O BANKWELL FINANCIAL GROUP, INC., 208 ELM STREET, NEW CANAAN CT 06840
Todd Lampert director C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840
Anahaita N. Kotval director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Ryan Jason Hildebrand officer: Chief Innovation Officer 32520 NE CORRAL CREEK ROAD, NEWBERG OR 97132
Christopher Gruseke officer: Chief Strategic Officer C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840
Sacchetti Courtney E officer: EVP & Chief Financial Officer 258 ELM STREET, NEW CANAAN CT 06840
Laura Waitz officer: EVP & Chief of Staff C/O BANKWELL FINANCIAL GROUP, INC., 208 ELM STREET, NEW CANAAN CT 06840
Darryl Demos director 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Richard Castiglioni director C/O BANKWELL FINANCIAL GROUP, INC., 220 ELM STREET, NEW CANAAN CT 06840