Bankwell Financial Group, Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 2.826M, using the latest reported figures. The previous period, 2024, was about USD 1.963M.

Watchlist

Latest quarter

Revenue

665 thousand USD

2026 Q2 · USD

Exact inputs and evidence

Net margin

1,860.45%

2026 Q2 · %

Exact inputs and evidence

Operating cash flow

10.2 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 17949000 USD Source
  • Operating Cash Flow: 7724000 USD Source

Free cash flow

10 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 17949000 USD Source
  • Operating Cash Flow: 7724000 USD Source
  • Capital Expenditure: 661000 USD Source
  • Capital Expenditure: 470000 USD Source
Cash and cash equivalents
86 million USD Source
Exact value

85987000 USD

Long-term debt including current maturities
Not available
Shares outstanding
7.97 million shares Source
Exact value

7973180 shares

Reported share-count change

1.27% · 99.8 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 7873387 shares · 2025-06-30· Source
  • 7973180 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 779000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 2826000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 2055000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 780000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 665000 USD · 2026-04-01 – 2026-06-30 Source

Net income

42.9 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 10078000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 35198000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 26054000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 11275000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 12372000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

35.8 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 20726000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 10396000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 28273000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 20726000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 7724000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 17949000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 7724000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

1.33 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 879000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 475000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1144000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 879000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 470000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 661000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 470000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

34.5 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 20726000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 10396000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 28273000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 20726000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 7724000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 17949000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 7724000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 879000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 475000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1144000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 879000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 470000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 661000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 470000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 9 of 11 periods available· newest 2025-12-31
  • Total assets: 8 of 11 periods available· newest 2025-12-31
  • Total liabilities: 8 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • cash and cash equivalents: No compatible figures in this window
  • long term debt: No compatible figures in this window
  • Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +44%

    Prior period

    USD 1.96 million

    –

    Current period

    USD 2.83 million

    –

    Exact inputs and evidence

    2826000 − 1963000 = 863000 USD

    1963000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2826000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +260.3%

    Prior period

    USD 9.77 million

    –

    Current period

    USD 35.2 million

    –

    Exact inputs and evidence

    35198000 − 9770000 = 25428000 USD

    9770000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    35198000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -5.6%

    Prior period

    USD 29.94 million

    –

    Current period

    USD 28.27 million

    –

    Exact inputs and evidence

    28273000 − 29936000 = -1663000 USD

    29936000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    28273000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +86.6%

    Prior period

    USD 613,000

    –

    Current period

    USD 1.14 million

    –

    Exact inputs and evidence

    1144000 − 613000 = 531000 USD

    613000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1144000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 2.83 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 35.2 million 1,246% of revenue

Cash

  • Operating cash flow USD 28.27 million 1,000% of revenue
  • Capital expenditure USD 1.14 million 40% of revenue
  • Free cash flow Derived USD 27.13 million 960% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-311090000 UnavailableUnavailableUnavailable17433000 16626000 Derived
Source
2019 2019-01-01 – 2019-12-311023000 UnavailableUnavailableUnavailable18216000 5986000 Derived
Source
2020 2020-01-01 – 2020-12-31788000 UnavailableUnavailableUnavailable5904000 Unavailable
Source
2021 2021-01-01 – 2021-12-31872000 UnavailableUnavailableUnavailable26586000 Unavailable
Source
2022 2022-01-01 – 2022-12-311072000 UnavailableUnavailableUnavailable37429000 77710000 Derived
Source
2023 2023-01-01 – 2023-12-311629000 UnavailableUnavailableUnavailable36663000 29882000 Derived
Source
2024 2024-01-01 – 2024-12-311963000 UnavailableUnavailableUnavailable9770000 29323000 Derived
Source
2025 2025-01-01 – 2025-12-312826000 UnavailableUnavailableUnavailable35198000 27129000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 2.8M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.1M2.3M1.5M763.0K0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue1090000
2019Revenue1023000
2020Revenue788000
2021Revenue872000
2022Revenue1072000
2023Revenue1629000
2024Revenue1963000
2025Revenue2826000

Revenue growth

Change in revenue from the same financial period one year earlier.

44% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.58%36%14%-7%-29%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year-6.1%
2020Year over year-23%
2021Year over year10.7%
2022Year over year22.9%
2023Year over year52%
2024Year over year20.5%
2025Year over year44%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 1,245.5% 2025
Free cash flow margin 960% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7,829%5,872%3,914%1,957%0%2018-12-312022-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2018Net margin1,599.4%
2019Net margin1,780.6%
2020Net margin749.2%
2021Net margin3,048.9%
2022Net margin3,491.5%
2023Net margin2,250.6%
2024Net margin497.7%
2025Net margin1,245.5%
2018Free cash flow margin1,525.3%
2019Free cash flow margin585.1%
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow margin7,249.1%
2023Free cash flow margin1,834.4%
2024Free cash flow margin1,493.8%
2025Free cash flow margin960%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 28.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.89.4M65.0M40.6M16.2M-8.2M201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow19977000
2019Operating cash flow6631000
2020Operating cash flow-1512000
2021Operating cash flow34558000
2022Operating cash flow82668000
2023Operating cash flow31927000
2024Operating cash flow29936000
2025Operating cash flow28273000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 27.1M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.83.9M62.9M42.0M21.0M0.0201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow16626000
2019Free cash flow5986000
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flow77710000
2023Free cash flow29882000
2024Free cash flow29323000
2025Free cash flow27129000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

91% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.100%75%50%25%0%201820222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018Liabilities / assets90.7%
2019Liabilities / assets90.3%
2020Liabilities / assets92.2%
2021Liabilities / assets91.8%
2022Liabilities / assets92.7%
2023Liabilities / assets91.7%
2024Liabilities / assets91.7%
2025Liabilities / assets91%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 12.35 million
Exact value

Exact value: 12350000 USD

2016-01-01 – 2016-12-31: 12350000 USD Inspect Net Income Open source
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USD 17.37 million
Exact value

Exact value: 17372000 USD

2016-01-01 – 2016-12-31: 17372000 USD Inspect Operating Cash Flow Open source
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USD 8.4 million
Exact value

Exact value: 8401000 USD

2016-01-01 – 2016-12-31: 8401000 USD Inspect Capital Expenditure Open source
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USD 8.97 million
Calculation and evidence

17372000 − 8401000 USD

Exact free cash flow: 8971000 USD

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2017 2017-01-01 – 2017-12-31
USD 13.83 million
Exact value

Exact value: 13830000 USD

2017-01-01 – 2017-12-31: 13830000 USD Inspect Net Income Open source
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USD 20.57 million
Exact value

Exact value: 20572000 USD

2017-01-01 – 2017-12-31: 20572000 USD Inspect Operating Cash Flow Open source
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USD 1.87 million
Exact value

Exact value: 1874000 USD

2017-01-01 – 2017-12-31: 1874000 USD Inspect Capital Expenditure Open source
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USD 18.7 million
Calculation and evidence

20572000 − 1874000 USD

Exact free cash flow: 18698000 USD

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2018 2018-01-01 – 2018-12-31
USD 17.43 million
Exact value

Exact value: 17433000 USD

2018-01-01 – 2018-12-31: 17433000 USD Inspect Net Income Open source
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USD 19.98 million
Exact value

Exact value: 19977000 USD

2018-01-01 – 2018-12-31: 19977000 USD Inspect Operating Cash Flow Open source
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USD 3.35 million
Exact value

Exact value: 3351000 USD

2018-01-01 – 2018-12-31: 3351000 USD Inspect Capital Expenditure Open source
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USD 16.63 million
Calculation and evidence

19977000 − 3351000 USD

Exact free cash flow: 16626000 USD

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2019 2019-01-01 – 2019-12-31
USD 18.22 million
Exact value

Exact value: 18216000 USD

2019-01-01 – 2019-12-31: 18216000 USD Inspect Net Income Open source
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USD 6.63 million
Exact value

Exact value: 6631000 USD

2019-01-01 – 2019-12-31: 6631000 USD Inspect Operating Cash Flow Open source
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USD 645,000
Exact value

Exact value: 645000 USD

2019-01-01 – 2019-12-31: 645000 USD Inspect Capital Expenditure Open source
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USD 5.99 million
Calculation and evidence

6631000 − 645000 USD

Exact free cash flow: 5986000 USD

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2020 2020-01-01 – 2020-12-31
USD 5.9 million
Exact value

Exact value: 5904000 USD

2020-01-01 – 2020-12-31: 5904000 USD Inspect Net Income Open source
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−USD 1.51 million
Exact value

Exact value: -1512000 USD

2020-01-01 – 2020-12-31: -1512000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 26.59 million
Exact value

Exact value: 26586000 USD

2021-01-01 – 2021-12-31: 26586000 USD Inspect Net Income Open source
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USD 34.56 million
Exact value

Exact value: 34558000 USD

2021-01-01 – 2021-12-31: 34558000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 37.43 million
Exact value

Exact value: 37429000 USD

2022-01-01 – 2022-12-31: 37429000 USD Inspect Net Income Open source
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USD 82.67 million
Exact value

Exact value: 82668000 USD

2022-01-01 – 2022-12-31: 82668000 USD Inspect Operating Cash Flow Open source
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USD 4.96 million
Exact value

Exact value: 4958000 USD

2022-01-01 – 2022-12-31: 4958000 USD Inspect Capital Expenditure Open source
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USD 77.71 million
Calculation and evidence

82668000 − 4958000 USD

Exact free cash flow: 77710000 USD

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2023 2023-01-01 – 2023-12-31
USD 36.66 million
Exact value

Exact value: 36663000 USD

2023-01-01 – 2023-12-31: 36663000 USD Inspect Net Income Open source
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USD 31.93 million
Exact value

Exact value: 31927000 USD

2023-01-01 – 2023-12-31: 31927000 USD Inspect Operating Cash Flow Open source
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USD 2.05 million
Exact value

Exact value: 2045000 USD

2023-01-01 – 2023-12-31: 2045000 USD Inspect Capital Expenditure Open source
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USD 29.88 million
Calculation and evidence

31927000 − 2045000 USD

Exact free cash flow: 29882000 USD

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2024 2024-01-01 – 2024-12-31
USD 9.77 million
Exact value

Exact value: 9770000 USD

2024-01-01 – 2024-12-31: 9770000 USD Inspect Net Income Open source
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USD 29.94 million
Exact value

Exact value: 29936000 USD

2024-01-01 – 2024-12-31: 29936000 USD Inspect Operating Cash Flow Open source
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USD 613,000
Exact value

Exact value: 613000 USD

2024-01-01 – 2024-12-31: 613000 USD Inspect Capital Expenditure Open source
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USD 29.32 million
Calculation and evidence

29936000 − 613000 USD

Exact free cash flow: 29323000 USD

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2025 2025-01-01 – 2025-12-31
USD 35.2 million
Exact value

Exact value: 35198000 USD

2025-01-01 – 2025-12-31: 35198000 USD Inspect Net Income Open source
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USD 28.27 million
Exact value

Exact value: 28273000 USD

2025-01-01 – 2025-12-31: 28273000 USD Inspect Operating Cash Flow Open source
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USD 1.14 million
Exact value

Exact value: 1144000 USD

2025-01-01 – 2025-12-31: 1144000 USD Inspect Capital Expenditure Open source
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USD 27.13 million
Calculation and evidence

28273000 − 1144000 USD

Exact free cash flow: 27129000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

164 filings · 2,779 latest values · 2,779 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001505732, 1505732, BWFG, bwfg, edgar:1505732

Also known as BNC Financial Group, Inc., Bankwell Financial Group, Inc.