Filing Flows › Bankwell Financial Group (BWFG) › How it makes money
How Bankwell Financial Group (BWFG) makes money
Bankwell Financial Group (BWFG) made $35.3M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Net interest income brought in $31.4M (89%); Noninterest income brought in $4.0M (11%). Of every dollar of revenue, 47¢ was left as operating profit, 36¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $31.4M | 88.8% | +6% | +21% |
| Noninterest income | $4.0M | 11.2% | +21% | +59% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $35.3M | 100.0% |
| Operating profit | $16.8M | 47.5% |
| Income tax | $4.0M | 11.4% |
| Net earnings | $12.7M | 36.0% |
| Operating cash flow | $13.0M | 36.7% |
| Free cash flow | $12.2M | 34.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $35.3M | +24% |
| Q2 2026 | $32.8M | +26% |
| Q1 2026 | $30.2M | +28% |
| Q4 2025 | $30.3M | +43% |
| Q3 2025 | $28.5M | +30% |
| Q2 2025 | $25.9M | +18% |
| Q1 2025 | $23.6M | +7% |
From Bankwell Financial Group's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Bankwell Financial Group make money?
Bankwell Financial Group (BWFG) made $35.3M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Net interest income brought in $31.4M (89%); Noninterest income brought in $4.0M (11%). Of every dollar of revenue, 47¢ was left as operating profit, 36¢ was left as net earnings.
What is Bankwell Financial Group's biggest business?
Net interest income: $31.4M in the third quarter 2026, 89% of revenue, +21% from a year earlier.
What is Bankwell Financial Group's profit margin?
Net earnings were $12.7M, 36.0% of revenue, in the third quarter 2026; the operating margin was 47.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.