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Bankwell Financial Group (Bankwell Financial Group) Price-to-Tangible-Book

: 0.70 (As of Today)
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As of today (2024-04-19), Bankwell Financial Group's share price is $23.47. Bankwell Financial Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $33.39. Hence, Bankwell Financial Group's Price to Tangible Book Ratio of today is 0.70.

The historical rank and industry rank for Bankwell Financial Group's Price-to-Tangible-Book or its related term are showing as below:

BWFG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.28   Max: 1.73
Current: 0.7

During the past 13 years, Bankwell Financial Group's highest Price to Tangible Book Ratio was 1.73. The lowest was 0.70. And the median was 1.28.

BWFG's Price-to-Tangible-Book is ranked better than
69.72% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs BWFG: 0.70

A closely related ratio is called PB Ratio. As of today, Bankwell Financial Group's share price is $23.47. Bankwell Financial Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.71. Hence, Bankwell Financial Group's P/B Ratio of today is 0.70.


Bankwell Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Bankwell Financial Group's Price-to-Tangible-Book 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.

* Premium members only.

Bankwell Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 0.89 1.29 0.96 0.90

Bankwell Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.96 0.81 0.78 0.75 0.90

Competitive Comparison

For the Banks - Regional subindustry, Bankwell Financial Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Bankwell Financial Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bankwell Financial Group's Price-to-Tangible-Book falls into.



Bankwell Financial Group Price-to-Tangible-Book Calculation

Bankwell Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=23.47/33.385
=0.70

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Bankwell Financial Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Bankwell Financial Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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