New Canaan, CT · Cert 57368 · Bankwell Financial Group Inc.
State charter, non-member · FDIC · 11 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
33
Asset Quality
61
Profitability
70
Liquidity
30
Efficiency
91
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
New Canaan, CT · Cert 57368 · Bankwell Financial Group Inc.
State charter, non-member · FDIC · 11 branches
Q2 2026
Market Position · Bridgeport-Stamford-Danbury, CT · 2026 SOD (annual) · 3.4% share · #6 of 25 inst. · $2.7B of $77.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.53% | 0.54% | 1.02% | 1.17% | 1.27% | 1.27% | 1.54% | 1.61% | +43 bps | |
| Return on Equity | 5.12% | 5.28% | 9.95% | 11.38% | 12.16% | 12.19% | 14.82% | 15.51% | +413 bps | |
| Net Interest Margin | 2.77% | 2.69% | 2.83% | 3.00% | 3.09% | 3.13% | 3.29% | 3.43% | +43 bps | |
| Efficiency Ratio | 49.56% | 49.94% | 54.36% | 51.70% | 49.45% | 48.21% | 48.40% | 44.16% | -755 bps | |
| Non-Interest Burden | 1.31% | 1.28% | 1.45% | 1.45% | 1.40% | 1.36% | 1.39% | 1.29% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.76% | 1.60% | 0.85% | 2.93% | 2.53% | 2.75% | 5.86% | 7.30% | +437 bps | |
| Loan Growth (YoY) | -5.25% | -0.42% | -1.26% | 0.46% | 3.62% | 4.93% | 8.38% | 10.90% | +1,044 bps | |
| Deposit Growth (YoY) | -2.86% | 1.84% | 2.91% | 3.71% | 2.62% | 1.85% | 5.41% | 9.48% | +577 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.50% | 1.97% | 1.00% | 0.90% | 0.63% | 0.58% | 0.67% | 0.54% | -36 bps | |
| Net Charge-Offs / Loans | 0.96% | 0.80% | 0.01% | 0.00% | -0.02% | -0.01% | 0.02% | 0.01% | +1 bps | |
| Allowance / Loans | 1.06% | 1.07% | 1.12% | 1.10% | 1.10% | 1.08% | 1.03% | 1.04% | -6 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.5x | 1.1x | 1.2x | 1.8x | 1.9x | 1.6x | 1.9x | +0.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.24% | 10.09% | 10.14% | 10.57% | 10.71% | 10.56% | 10.32% | 10.39% | -19 bps | |
| Total Risk-Based Capital | 12.83% | 12.70% | 13.21% | 13.28% | 13.48% | 12.94% | 13.00% | 12.70% | -58 bps | |
| Equity / Assets | 10.29% | 10.02% | 10.41% | 10.47% | 10.73% | 10.39% | 10.43% | 10.25% | -22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.99% | 96.52% | 95.59% | 96.12% | 97.93% | 99.44% | 98.28% | 97.37% | +125 bps | |
| Liquid Assets / Assets | 9.35% | 9.62% | 9.79% | 10.28% | 9.27% | 6.70% | 6.46% | 5.88% | -440 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 590% | 594% | 579% | n/a | n/a | |
New Canaan, CT · Cert 57368 · Peer group: banks $1B-$10B in assets (n=322-328) · Bankwell Financial Group Inc.
State charter, non-member · FDIC · 11 branches
Q2 2026
Return on Assets
1.57%
Rank 73 of 328
Net Interest Margin
3.43%
Rank 168 of 328
Efficiency Ratio
44.16%
Rank 31 of 328
Equity / Assets
10.25%
Rank 170 of 328
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.57% | 0.91% | 1.22% | 1.52% | Beats 78% | 73 / 328 | ||
| Return on Equity | 15.35% | 8.43% | 11.45% | 14.43% | Beats 83% | 57 / 328 | ||
| Net Interest Margin | 3.43% | 3.03% | 3.45% | 3.83% | Beats 49% | 168 / 328 | ||
| Efficiency Ratio | 44.16% | 51.61% | 59.56% | 67.53% | Beats 91% | 31 / 328 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.54% | 0.24% | 0.51% | 1.03% | Beats 48% | 168 / 322 | ||
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.03% | 0.10% | Beats 74% | 84 / 322 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 11.67% | 11.75% | 13.15% | 15.47% | Beats 24% | 248 / 328 | ||
| Total Risk-Based Capital Ratio | 12.70% | 12.63% | 14.15% | 16.46% | Beats 26% | 244 / 328 | ||
| Equity / Assets | 10.25% | 9.15% | 10.33% | 12.01% | Beats 48% | 170 / 328 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 97.37% | 76.63% | 87.92% | 95.36% | 80th pctl | 65 / 323 | ||
| Loans / Assets | 85.26% | 65.18% | 74.15% | 79.98% | 92nd pctl | 27 / 328 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||