Quarterly ResultAug 5, 2026, 03:11 PM
Bankwell Q2 Net Income $12.37M, EPS $1.55; Assets $3.48B
AI Summary
Bankwell Financial Group reported strong financial results for the second quarter and first six months ended June 30, 2026. Net income for Q2 2026 increased by 36.1% year-over-year to $12.37 million, with basic EPS rising to $1.55. The company also saw significant growth in net interest income, total assets, deposits, and loans receivable.
Key Highlights
- Net income for Q2 2026 was $12.37 million, up 36.1% from Q2 2025.
- Basic earnings per share for Q2 2026 was $1.55, a 34.8% increase YoY.
- Net interest income for Q2 2026 rose 23.3% to $29.50 million.
- Total assets reached $3.48 billion as of June 30, 2026, up from $3.36 billion.
- Total deposits increased to $3.00 billion as of June 30, 2026.
- Loans receivable (net) grew to $2.92 billion as of June 30, 2026.
- Cash dividends declared remained at $0.20 per common share for Q2 2026.
Price Impact
More from BWFG