Bankwell Financial Group Balance Sheet Health
Financial Health criteria checks 5/6
Bankwell Financial Group has total assets of $3.2B and total equity of $268.0M. Total deposits are $2.7B, and total loans are $2.6B earning a Net Interest Margin of 3%. It has insufficient allowance for bad loans, which are currently at 1.7% of total loans. Cash and short-term investments are $247.6M.
Key information
11.8x
Asset to equity ratio
3.0%
Net interest margin
| Total deposits | US$2.67b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.7% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$247.63m |
Recent financial health updates
No updates
Recent updates
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20
Apr 29
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20
Jan 28Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Dividend Of $0.20
Jul 30Bankwell Financial: Growth Of Loan Volume To Counter Margin Compression
Sep 22Bankwell Financial: Strong Loan Growth To Drive The Bottom Line
Jul 10Bankwell Financial: The Loan Book Is Heavily Geared Towards CRE And Commercial Loans
Mar 22Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Larger Dividend Than Last Year At US$0.20
Jan 30Bankwell Financial Group's (NASDAQ:BWFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 05Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BWFG's Assets to Equity ratio (11.8x) is moderate.
Allowance for Bad Loans: BWFG has a low allowance for bad loans (60%).
Low Risk Liabilities: 93% of BWFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: BWFG has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: BWFG's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: BWFG has an appropriate level of bad loans (1.7%).