Company: BWFG
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0001505732-25-000052
Chunk: 97

Company: Bankwell Financial Group, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 7
Chunk 97
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,904 Per Share Data:Basic earnings per share$1.24 $4.71 $4.84 $3.38 $0.75 Diluted earnings per share$1.23 $4.67 $4.79 $3.36 $0.75 Book value per share (end of period)(a)35.43 34.84 31.73 26.53 22.77 Tangible book value per share (end of period)(a)(b)35.09 34.50 31.39 26.19 22.43 Dividend payout ratio(b)(e)65.04 %17.13 %16.70 %19.05 %74.67 %Shares outstanding (end of period)(a)7,635,998 7,628,288 7,516,699 7,612,807 7,755,909 Weighted average shares outstanding–basic7,710,076 7,587,768 7,563,363 7,706,407 7,728,328 Weighted average shares outstanding–diluted7,737,952 7,647,411 7,640,218 7,761,811 7,748,453 Performance Ratios:Return on average assets(b)0.31 %1.13 %1.44 %1.17 %0.28 %Return on average common shareholders’ equity(b)3.60 %14.55 %16.72 %13.86 %3.35 %Average shareholders’ equity to average assets8.48 %7.74 %8.61 %8.46 %8.36 %Net interest margin(b)2.70 %2.98 %3.78 %3.17 %2.77 %Efficiency ratio(b)57.9 %50.8 %45.4 %53.9 %73.9 %Asset Quality Ratios:Total past due loans to total loans(c)1.63 %0.78 %0.60 %1.72 %0.93 %Nonperforming loans to total loans(c)1.97 %1.81 %0.61 %0.88 %2.