Bankwell Financial Group, Inc.
BWFG · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $195,712 | $193,296 | $120,985 | $87,033 |
| % Growth | 1.2% | 59.8% | 39% | – |
| Cost of Goods Sold | $131,332 | $94,852 | $28,639 | $13,433 |
| Gross Profit | $64,380 | $98,444 | $92,346 | $73,600 |
| % Margin | 32.9% | 50.9% | 76.3% | 84.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $28,936 | $30,571 | $25,269 | $20,852 |
| SG&A Expenses | $29,388 | $31,222 | $25,635 | $21,256 |
| Sales & Mktg Exp. | $452 | $651 | $366 | $404 |
| Other Operating Expenses | $21,663 | $19,179 | $18,728 | $18,483 |
| Operating Expenses | $51,051 | $50,401 | $44,363 | $39,739 |
| Operating Income | $13,329 | $48,043 | $47,983 | $33,861 |
| % Margin | 6.8% | 24.9% | 39.7% | 38.9% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $13,329 | $48,043 | $47,983 | $33,861 |
| Tax Expense | $3,559 | $11,380 | $10,554 | $7,275 |
| Net Income | $9,770 | $36,663 | $37,429 | $26,586 |
| % Margin | 5% | 19% | 30.9% | 30.5% |
| EPS | 1.24 | 4.71 | 4.84 | 3.38 |
| % Growth | -73.7% | -2.7% | 43.2% | – |
| EPS Diluted | 1.23 | 4.67 | 4.79 | 3.36 |
| Weighted Avg Shares Out | 7,710 | 7,588 | 7,563 | 7,706 |
| Weighted Avg Shares Out Dil | 7,738 | 7,647 | 7,640 | 7,762 |
| Supplemental Information | – | – | – | – |
| Interest Income | $191,994 | $188,454 | $117,945 | $81,376 |
| Interest Expense | $108,712 | $93,986 | $23,202 | $13,490 |
| Depreciation & Amortization | $3,775 | $3,623 | $3,366 | $3,583 |
| EBITDA | $17,104 | $51,666 | $51,349 | $37,444 |
| % Margin | 8.7% | 26.7% | 42.4% | 43% |