Short answer
Bankwell Financial Group, Inc. (BWFG) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $779,000 (up 35.5% year over year) with net income of $10M.
Q3 2025 key financials · XBRL
- Revenue
- $779,000
- +35.5% YoY · +15.6% QoQ
- Net income
- $10M
- +423.3% YoY · +10.9% QoQ
- EPS (diluted)
- $1.26
- +425.0% YoY · +8.6% QoQ
Source: XBRL data from the Bankwell Financial Group, Inc. (BWFG) Q3 2025 10-Q on SEC EDGAR. USD.
Bankwell Financial Group, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $28.5M, up $6.6M YoY from $21.9M, driven by higher yields, lower deposit costs, and loan-sale gains
- Net interest margin 3.34% vs 2.72% YoY; ROAA 1.24% vs 0.24%
- Best line: loan-sale gains $1.372M vs $0.133M; service fees $0.779M vs $0.575M
- Credit for losses $0.4M vs $6.3M provision YoY; nonaccrual loans $17.0M vs $53.3M
- Deposits fell $30.2M to $2.8B; equity rose $22.3M to $292.8M, partly offset by $4.7M dividends
Risk Factors
- New risk: potential U.S. government shutdown suspending SBA administrative support for new 7(a) loans
- Operational impact: SBA application backlogs could delay originations, disbursements, servicing, and guarantee payments
- Credit risk: suspended Section 8 programs could affect borrower cash flows, though exposure remains very limited
- Financial impact: shutdown-related delays could impair performance and increase credit-risk exposure
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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