Filing Flows › Bankwell Financial Group (BWFG) › Q2 2025
Bankwell Financial Group (BWFG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Bankwell Financial Group (BWFG) reported revenue of $25.9M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +10% from the quarter before. Operating margin was 45.5%, net earnings $9.1M (35.0% of revenue).
Bankwell Financial Group, Q2 2025: revenue $25.9M (+18% year over year), operating margin 45.5%, net earnings $9.1M, operating cash flow $6.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.9M | +10% | +18% |
| Operating profit | $11.8M | +32% | +701% |
| Net earnings | $9.1M | +32% | +713% |
| Operating cash flow | $6.5M | +65% | -9% |
| Free cash flow | $6.1M | +59% | -10% |
What changed
Revenue was $25.9M in Q2 2025, up 18% year over year and up 10% from the previous quarter.
Operating profit was $11.8M, a 45.5% margin (up 38.8 points year over year). Of the extra revenue versus a year earlier, 256% reached operating profit, above the 7% margin then. Total costs fell 31% while revenue rose 18%. Net earnings were $9.1M, up 713% year over year. The effective tax rate was 23.1%.
Operating cash flow was $6.5M (down 9% year over year), 71% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $681K of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $378K left free cash flow of $6.1M.
Questions
What was Bankwell Financial Group's revenue in the second quarter 2025?
Bankwell Financial Group (BWFG) reported revenue of $25.9M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +10% from the quarter before.
Was Bankwell Financial Group profitable in the second quarter 2025?
Operating profit was $11.8M (45.5% of revenue) and net earnings $9.1M.