Bankwell Financial GAAP EPS of $0.48, revenue of $8.8M
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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 includes 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.
Bankwell Finl Gr trades on the NASDAQ stock market under the symbol BWFG.
As of April 25, 2024, BWFG stock price declined to $23.82 with 14,899 million shares trading.
BWFG has a market cap of $188.37 million. This is considered a Micro Cap stock.
Last quarter Bankwell Finl Gr reported $22 million in Revenue and $.48 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$.24.
In the last 3 years, BWFG stock traded as high as $36.87 and as low as $21.22.
The top ETF exchange traded funds that BWFG belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.
BWFG has underperformed the market in the last year with a return of +7.0%, while the SPY ETF gained +25.6%. In the last 3 month period, BWFG fell short of the market, returning -19.9%, while SPY returned +3.5%. However, in the most recent 2 weeks BWFG has outperformed the stock market by returning -2.7%, while SPY returned -2.8%.
BWFG support price is $24.40 and resistance is $25.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BWFG stock will trade within this expected range on the day.