BWFG Stock News 22.0000 05/08/2014 22:34:48 Bankwell Financial

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Bankwell Financial Group Inc. (BWFG) 22.0000 $BWFG

Bankwell Financial reports 11% increased net income for Q1 2014 year over year
M2 - Fri May 02, 5:59AM CDT
A bank holding company, Bankwell Financial Group (OTCBB:BWFG) on Friday reported for the first quarter of 2014 a GAAP net income of USD1.1m or USD0.28 per diluted share, up 11% from the net income of USD1.0m or USD0.30 earnings per diluted share for the same quarter of 2013.

Bankwell Financial Group Reaches Record Asset Levels of $812 Million; Core Earnings up 20% Year-over-Year
Business Wire - Thu May 01, 3:50PM CDT
Bankwell Financial Group (OTCBB:BWFG) reported GAAP net income of $1.1 million for the first quarter of 2014, up 11% from the quarter ended March 31, 2013. Excluding $141,000 of merger-related expenses, net income (defined as core net income) for the quarter would have been $1.2 million, representing a 20% year-over-year improvement.

Bankwell Financial Group, Inc. to Acquire Quinnipiac Bank & Trust Company
Business Wire - Tue Apr 01, 7:21AM CDT
Bankwell Financial Group, Inc. ("Bankwell" (OTC Bulletin Board: BWFG), the holding company for Bankwell Bank, and Quinnipiac Bank & Trust Company ("Quinnipiac" today announced the execution of a definitive merger agreement pursuant to which Bankwell will acquire Quinnipiac through the merger of Quinnipiac into Bankwell Bank. The acquisition will add approximately $100 million in assets to Bankwell, bringing total assets to $880 million as of the most recent reporting period. The transaction will expand Bankwell's presence beyond Fairfield County, where it currently has six branches and one loan production office, into New Haven County, where it will add Quinnipiac, headquartered in Hamden Connecticut. Mark Candido, Quinnipiac President and Chief Executive Officer, and Dick Barredo, Executive Vice President and Chief Lending Officer, will remain with Bankwell in senior positions after the transaction closes.

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.
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