Filing Flows › Bankwell Financial Group (BWFG) › Q3 2026 › vs Q2 2026
Bankwell Financial Group (BWFG) Q3 2026 vs Q2 2026 (quarter over quarter)
Bankwell Financial Group's revenue rose $2.5M (+8%) from $32.8M in Q2 2026 to $35.3M in Q3 2026. The biggest changes: Net interest income +$1.9M (+6%); Noninterest income +$676K (+21%). Operating margin 47.5% against 49.7% (-2.3 pts).
Bankwell Financial Group, Q3 2026: revenue $35.3M (+24% year over year), operating margin 47.5%, net earnings $12.7M, operating cash flow $13.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 47.5% | 49.7% | -2.3 pts |
| Net margin | 36.0% | 37.7% | -1.7 pts |
| Free cash flow margin | 34.6% | 30.6% | +4.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Net interest income | $31.4M | $29.5M | $1.9M | +6% |
| Noninterest income | $4.0M | $3.3M | $676K | +21% |
| Revenue | $35.3M | $32.8M | $2.5M | +8% |
| Operating profit | $16.8M | $16.3M | $465K | +3% |
| Costs & expenses | $18.6M | $16.5M | $2.1M | +13% |
| Pre-tax earnings | $16.8M | $16.3M | $465K | +3% |
| Net earnings | $12.7M | $12.4M | $363K | +3% |
| Income tax | $4.0M | $3.9M | $102K | +3% |
| Depreciation & amortization | $1.1M | $1.1M | −$3K | -0.3% |
| Share-based compensation | $912K | $937K | −$25K | -3% |
| Working capital & other | $1.8M | $4.2M | −$2.4M | -58% |
| Operating cash flow | $13.0M | $10.2M | $2.7M | +27% |
| Free cash flow (OCF − capex) | $12.2M | $10.0M | $2.2M | +22% |
| Capital expenditures | $724K | $191K | $533K | +279% |
Questions
How much did Bankwell Financial Group's revenue grow quarter over quarter in Q3 2026?
Bankwell Financial Group's revenue rose $2.5M (+8%) from $32.8M in Q2 2026 to $35.3M in Q3 2026.
What drove Bankwell Financial Group's revenue change in Q3 2026?
Net interest income +$1.9M (+6%); Noninterest income +$676K (+21%).