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 | |