Bankwell Financial Group, Inc. (BWFG) To Go Ex-Dividend on February 10th

Bankwell Financial Group, Inc. (NASDAQ:BWFG) declared a quarterly dividend on Thursday, January 29th. Investors of record on Tuesday, February 10th will be paid a dividend of 0.20 per share by the bank on Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, February 10th.

Bankwell Financial Group has increased its dividend payment by an average of 0.1%per year over the last three years. Bankwell Financial Group has a payout ratio of 16.6% indicating that its dividend is sufficiently covered by earnings.

Bankwell Financial Group Trading Up 0.6%

Shares of NASDAQ BWFG opened at $50.40 on Friday. Bankwell Financial Group has a 1 year low of $26.39 and a 1 year high of $51.54. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50-day moving average of $47.87 and a 200 day moving average of $44.59. The stock has a market cap of $397.15 million, a P/E ratio of 11.35 and a beta of 0.70.

Bankwell Financial Group (NASDAQ:BWFG) last announced its earnings results on Thursday, January 29th. The bank reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05). Bankwell Financial Group had a net margin of 16.94% and a return on equity of 12.40%. The business had revenue of $30.32 million for the quarter, compared to the consensus estimate of $28.06 million.

About Bankwell Financial Group

Bankwell Financial Group, Inc is a bank holding company headquartered in Westchester, Illinois, and serves as the parent of Bankwell Bank. Through its subsidiary, the company provides a full suite of banking products and services designed for both individual consumers and small‐ to mid‐sized businesses. Bankwell Bank operates multiple branches across suburban Cook and Lake counties, focusing on personalized service and local decision‐making.

The company’s deposit offerings include checking, savings and money market accounts, as well as certificates of deposit, all supported by an online and mobile banking platform for convenient account access.