Latest Bankwell Financial Group Inc. (BWFG) Headli
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Record 2013 Earnings, Loan and Deposit Growth at Bankwell Financial Group
Business Wire - Wed Feb 26, 12:01PM CST
The fourth quarter of 2013 saw a continuation of strong, steady balance sheet growth for Bankwell Financial Group ("the Company"), the bank holding company for Bankwell Bank. For the year ended December 31, 2013, the Company reported earnings of $5.2 million, a 325% improvement year-over-year, continuing the Company's streak of record profits.
Bankwell Financial Group Reports Third Consecutive Quarter of Record Earnings
Business Wire - Wed Nov 06, 12:58PM CST
Bankwell Financial GroupGroup (OTCBB:BWFG), parent company of Bankwell Bank, today reported Net Income of $1.319 million for the third quarter of 2013, a 665% increase over the $172,000 earned during the same period of 2012. Net Income for the first nine months of 2013 was $3.8 million, a 336% increase from the prior year period. The third quarter earnings represent the third consecutive quarter of record earnings -- a 27% increase over the second quarter of 2013 (excluding securities gains taken in the second quarter of 2013).
The Wilton Bank Merger into Bankwell Financial Group Receives Final Regulatory Approval
Business Wire - Tue Nov 05, 12:24PM CST
Bankwell Financial Group, Inc. (OTC:BWFG), the parent company of Bankwell Bank ("Bankwell Bank"), and The Wilton Bank (OTC:WIBW) ("Wilton Bank") announced today that the Connecticut Department of Banking has approved the merger of The Wilton Bank with and into Bankwell Bank and the FDIC has stated that it has no objections to the merger, successfully completing all regulatory required approvals.