Bankwell Financial Group (BWFG) reported third-quarter 2026 GAAP net income of $12.7 million, or $1.58 diluted earnings per share, on revenue of $35.3 million. Net income was $12.4 million, or $1.52 per share, in the prior quarter.
The company declared a $0.20 per-share cash dividend payable November 20 to shareholders of record on November 9.
- Net interest income rose to $31.4 million from $29.5 million in the second quarter.
- Net interest margin expanded 13 basis points sequentially to 3.71%.
- Total noninterest income was $4.0 million, including $2.8 million of SBA loan sale gains.
- Third-quarter noninterest expense included $3.0 million of core conversion costs.
- Nonperforming assets declined to 0.20% of total assets at September 30, from 0.46% at June 30.
- Gross loans increased $22.9 million during the quarter, while deposits totaled $3.0 billion at quarter-end.
$BWFG Insider Trading Activity
$BWFG insiders have traded $BWFG stock on the open market 46 times in the past 6 months. Of those trades, 42 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $BWFG stock by insiders over the last 6 months:
- LAWRENCE B SEIDMAN has made 34 purchases buying 23,610 shares for an estimated $1,484,098 and 0 sales.
- CHRISTINE CHIVILY (EVP & Chief Credit Officer) sold 4,321 shares for an estimated $225,383
- RYAN JASON HILDEBRAND (Chief Innovation Officer) has made 0 purchases and 2 sales selling 3,334 shares for an estimated $213,524.
- TODD LAMPERT sold 3,500 shares for an estimated $187,565
- ERIC J DALE has made 2 purchases buying 1,118 shares for an estimated $67,143 and 0 sales.
- CARL M PORTO has made 2 purchases buying 697 shares for an estimated $41,813 and 0 sales.
- JEFFREY R DUNNE has made 2 purchases buying 576 shares for an estimated $34,431 and 0 sales.
- BLAKE S DREXLER has made 2 purchases buying 195 shares for an estimated $12,027 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BWFG Hedge Fund Activity
We have seen 67 institutional investors add shares of $BWFG stock to their portfolio, and 41 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WEALTHSPIRE ADVISORS, LLC added 87,538 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,142,857
- ACADIAN ASSET MANAGEMENT LLC added 68,083 shares (+41.3%) to their portfolio in Q2 2026, for an estimated $3,999,876
- AQR CAPITAL MANAGEMENT LLC added 57,990 shares (+113.8%) to their portfolio in Q2 2026, for an estimated $3,406,912
- AMERICAN CENTURY COMPANIES INC added 52,207 shares (+49.3%) to their portfolio in Q2 2026, for an estimated $3,067,161
- TWO SIGMA INVESTMENTS, LP added 33,349 shares (+39.2%) to their portfolio in Q2 2026, for an estimated $1,959,253
- NORTHERN TRUST CORP added 28,203 shares (+42.5%) to their portfolio in Q2 2026, for an estimated $1,656,926
- INNOVATIVE ASSET ADVISORS GROUP, LLC added 26,901 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,580,433
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
