BWFG News & Events

Bankwell Financial Group announced the opening of its Brooklyn office in the Bay Ridge neighborhood, expanding the bank's commercial and private client banking presence into New York City. The office officially opened on February 20, 2026, and is located at 557-559 86th Street, Brooklyn, NY 11209. The Bay Ridge office represents Bankwell's first full-service location in New York State and supports the bank's continued focus on serving closely held businesses, their owners, and professionals in key markets. The Brooklyn office is home to an experienced private client banking team that joined Bankwell in 2025, led by Monika Buono, Private Client Group Director.

Reports Q4 revenue $30.32M, consensus $28.06M. Reports Q4 tangible book value per share $37.84. Reports Q4 CET1 capital ratio 11.87%. The company said, "We finished the year in strong fashion, reporting operating net income of $1.36 per share for the 4th quarter and Pre-tax, pre-provision net revenue return on average assets of 1.80%. GAAP Net Income of $1.15 per share for the quarter includes a one-time adjustment for multiple years' state level tax provisioning outside of our home state of Connecticut. We entered the year with a clear set of priorities: strengthen credit, improve the funding mix, build non-interest income, generate high-quality growth, and embrace an innovative mindset as we continue to invest in our people and in technology and I'm pleased to say that we delivered on each of these priorities."