Bankwell Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Bankwell Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $159.21 Mil. Bankwell Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $265.75 Mil.
Bankwell Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 0.60.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bankwell Financial Group's Debt-to-Equity or its related term are showing as below:
BWFG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.03 Max: 1.39
Current: 0.6
During the past 13 years, the highest Debt-to-Equity Ratio of Bankwell Financial Group was 1.39. The lowest was 0.42. And the median was 1.03.
Bankwell Financial Group Debt-to-Equity Historical Data
The historical data trend for Bankwell Financial Group's Debt-to-Equity 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 Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.96 |
1.13 |
0.42 |
0.67 |
0.60 |
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Bankwell Financial Group Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.67 |
0.66 |
0.64 |
0.62 |
0.60 |
Competitive Comparison
For the Banks - Regional subindustry, Bankwell Financial Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution
For the Banks industry and Financial Services sector, Bankwell Financial Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bankwell Financial Group's Debt-to-Equity falls into.
Bankwell Financial Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Bankwell Financial Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Bankwell Financial Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 (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 |
Bankwell Financial Group (Bankwell Financial Group) Headlines
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