Bankwell Financial Group, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.8M | $2.0M | $1.6M | $1.1M | $872.0K | $788.0K | $1.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $48.5M | $13.3M | $142.0M | $71.2M | $47.4M | $30.0M | $52.1M |
| Operating Margin | — | 1,716.0% | 679.0% | 8,718.8% | 6,640.4% | 5,430.2% | 3,801.1% | 5,095.7% |
| Interest Expense | — | — | — | $94.0M | $23.2M | $13.5M | $22.7M | $29.2M |
| Pretax Income | — | $48.5M | $13.3M | $48.0M | $48.0M | $33.9M | $7.3M | $22.9M |
| Income Tax Expense | — | $13.3M | $3.6M | $11.4M | $10.6M | $7.3M | $1.4M | $4.7M |
| Net Income | — | $35.2M | $9.8M | $36.7M | $37.4M | $26.6M | $5.9M | $18.2M |
| Net Margin | — | 1,245.5% | 497.7% | 2,250.6% | 3,491.5% | 3,048.9% | 749.2% | 1,780.6% |
| EPS (Basic) | — | $4.49 | $1.24 | $4.71 | $4.84 | $3.38 | $0.75 | $2.32 |
| EPS (Diluted) | — | $4.45 | $1.23 | $4.67 | $4.79 | $3.36 | $0.75 | $2.31 |
| Shares Outstanding (Basic) | 8.0M | 7.8M | 7.7M | 7.6M | 7.6M | 7.7M | 7.7M | 7.8M |
| Shares Outstanding (Diluted) | 8.0M | 7.8M | 7.7M | 7.6M | 7.6M | 7.8M | 7.7M | 7.8M |
| Dividends Per Share | — | $0.80 | $0.80 | $0.80 | $0.80 | $0.64 | $0.56 | $0.52 |