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Bankwell Financial Group Inc. Company Profile

NASDAQ: BWFGFinanceMajor BanksUSD

65.66+0.34 (+0.52%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Bankwell Financial Group at a glance

Bankwell Financial Group Inc. (NASDAQ: BWFG) is a Major Banks company in the Finance sector headquartered in New Canaan, CT. Bankwell Financial Group is led by Mr. Christopher R. Gruseke and employs about 167 people. The company's shares have traded publicly since 2014.

At a market capitalization of $520.7 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001505732, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Bankwell Financial Group do?

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It provides various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also offers first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and personal loans. It operates branches in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

Business description based on the company's public filings.

Company information

Legal name
Bankwell Financial Group Inc.
Ticker
NASDAQ: BWFG
Sector
Finance
Industry
Major Banks
CEO
Mr. Christopher R. Gruseke
Employees
167
Headquarters
258 Elm Street, New Canaan, CT, United States
Phone
203 652 0166
IPO year
2014
Market cap
$520.73M
SEC CIK
0001505732

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BWFG peer companies
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BSRRSierra Bancorp39.72+1.02%$514.91Mvs BWFG
BSVNBank7 Corp.55.57+0.80%$529.35Mvs BWFG
OBTOrange County Bancorp Inc.37.25+0.46%$499.45Mvs BWFG
NPBNorthpointe Bancshares Inc.15.69+0.84%$542.59Mvs BWFG
COFSChoiceOne Financial Services Inc.33.02-0.21%$493.83Mvs BWFG
WTBAWest Bancorporation28.78-0.42%$490.52Mvs BWFG
UNTYUnity Bancorp Inc.55.25+1.17%$554.85Mvs BWFG
BWBBridgewater Bancshares Inc.20.38+0.84%$568.27Mvs BWFG

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