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← CockpitCompetitor Analysis › BWFG Bankwell Financial Group, Inc.Open in the cockpit ↗

Bankwell Financial Group, Inc.BWFGCompetitor analysis, valuation and peers

United States · USD·Financials›Regional Banks
Momentum leader 84
Mkt cap
$559M
US dollars, full cap
Free float
73%
of shares outstanding
$/day
$4.71M
20-day average traded
P/B
1.67×
price to book
ROE
14.3%
delivered
Implied ROE
10.9%
what the price asks
Next earnings
82 days
27 Jan 2027
Close · USD$70.11
1D-0.2%
1W-1.6%
1M+6.8%
3M+4.9%
6M+33.9%
YTD+53.0%
1Y+60.1%
ATR %2.5%
Beta0.34
52w lowhigh5.8% off high

What Bankwell Financial does

Employees: 167

Bankwell Financial at a glance

Size Bankwell Financial (BWFG) is a United States Financials company (Regional Banks) with a market value of $559M, the 2619th largest of 3,117 United States companies the cockpit tracks. Shares closed at $70.11 on 6 Nov 2026.

Performance Over six months the shares gained 33.9%, against +10.8% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 9.9% over the last twelve months (peer median +9.4%); the operating margin is 47.7% (peer median 39.2%).

Valuation It trades at 1.67× book value against a peer median of 1.25× (4th most expensive of 21).

Price implies The share price implies a return on equity of about 10.9%; Bankwell Financial delivers 14.3%, so the price asks less than the business earns today.

Short interest Short interest is 7.8% of the free float (15 Oct 2026).

Next results Next results expected around 27 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026BWFG 137Peer median 113
Six months, rebased to 100: Bankwell Financial against the median of its 20 peers (local-currency closes).

Bankwell Financial financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$223M$208M$196M$193M$121M
Revenue growth—+6%+1%+59%—
Net income$44.7M$34.8M$9.53M$35.7M$36.6M
Free cash flown/a$26.1M$30.8M$31.3M$73.9M
Capital expendituren/a$1.14M$613,000$2.04M$4.96M
Total debt$195M$191M$171M$173M$173M

Quarterly statements and history in the cockpit →

Bankwell Financial competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%-20%-10%0%+10%BSVNSFSTCBANBWBCOFSNPBUNTYBSRRCIVB8395OBT8550NRIMWTBAMORROWCZNCFMAOCAREBWFG6-month return →1-month return →
Up and to the right = strong over both horizons. Bankwell Financial is the large dot.

Fundamentals: return on equity against price-to-book

7.5%10%12.5%15%17.5%10×1.50×20×BSVNSFSTCBANCOFSNPBUNTYBSRRCIVB8395OBTMYS8550NRIMWTBAMORROWFBIZCZNCFMAOCAREBWFGReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Bankwell Financial is the large dot.

Capital: ROE delivered against the ROE the price implies

10%15%10%15%BSVNSFSTCBANBWBNPBUNTYBSRRCIVB8395OBTMYS8550NRIMWTBAMORROWFBIZFMAOCAREBWFGROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Bankwell Financial is the large dot.

Bankwell Financial competitors and peer comparison

How Bankwell Financial compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bankwell Financial against its 20 peers (data as of 6 Nov 2026)
MeasureBWFGPeer medianRank in peer set
1-month return+6.8%+3.3%3rd highest of 21
6-month return+33.9%+10.8%highest of 21
Return on equity14.3%11.7%8th highest of 21
Price / book1.67×1.25×4th most expensive of 21
Trailing P/E12.4×10.6×6th most expensive of 21
ROE the price implies10.9%9.3%6th most demanding of 21
ROE delivered14.3%11.7%8th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Bankwell Financial BWFGUnited States$559M+34%+10%14%1.67×10.9%14.3%
Bank7 BSVNUnited States$556M+33%-1%16%2.03×14.5%16.0%
Southern First Bancshares SFSTUnited States$563M+5%+9%11%1.22×9.7%10.5%
Colony Bankcorp CBANUnited States$555M+2%+21%11%1.10×8.1%10.8%
Bridgewater Bancshares BWBUnited States$568M+10%+10%12%1.19×9.0%11.5%
ChoiceOne Financial Services COFSUnited States$547M+17%+19%12%1.17×8.8%11.9%
Northpointe Bancshares NPBUnited States$545M-11%+14%13%0.87×5.9%13.1%
Unity Bancorp UNTYUnited States$575M+7%+10%17%1.48×10.4%17.1%
Sierra Bancorp BSRRUnited States$537M+9%-1%14%1.48×11.4%14.0%
Civista Bancshares CIVBUnited States$587M+13%+5%11%1.06×8.4%10.9%
Bank of Saga 8395.TJapan$589M+10%+16%8%0.72×5.2%8.2%
Orange County Bancorp OBTUnited States$530M+14%+3%17%1.71×9.6%17.2%
Mystate MYS.AXAustralia$591M+12%+27%8%1.12×10.2%7.5%
Tochigi Bank 8550.TJapan$527M-17%+26%5%0.50×5.9%5.4%
Northrim BanCorp NRIMUnited States$523M-5%+3%17%1.47×12.6%16.6%
West Bancorporation WTBAUnited States$520M+27%0%15%1.92×13.1%15.5%
Morrow Bank MORROW.STSweden$518M+30%+4%11%1.57×5.7%11.4%
First Business Financial Services FBIZUnited States$618M+31%+4%15%1.58×11.2%14.9%
Citizens & Northern CZNCUnited States$501M+29%+25%11%1.46×8.5%11.0%
Farmers & Merchants Bancorp FMAOUnited States$500M+31%+7%11%1.29×10.3%11.3%
Carter Bankshares CAREUnited States$634M+9%+40%28%1.20×8.8%27.5%

Questions

Which companies are Bankwell Financial's closest peers?
The cockpit's peer set: Bank7 (BSVN), Southern First Bancshares (SFST), Colony Bankcorp (CBAN), Bridgewater Bancshares (BWB), ChoiceOne Financial Services (COFS), Northpointe Bancshares (NPB), Unity Bancorp (UNTY), Sierra Bancorp (BSRR).
Is Bankwell Financial expensive compared with its peers?
On price / book it trades at 1.67× against a peer median of 1.25×, 4th most expensive of 21 in its peer set. The share price implies a return on equity of about 10.9%; Bankwell Financial delivers 14.3%, so the price asks less than the business earns today.
How has Bankwell Financial stock performed?
Over six months to 6 Nov 2026 the shares returned +33.9% against +10.8% for the median peer; over one year +60.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.