Bankwell Financial Group 10-K: $108.3M Revenue, $4.45 Diluted EPS
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Bankwell Financial Group reported a total revenue of $108.3 million and diluted earnings per share of $4.45 for the year, driven by higher loan yields and gains on loan sales. Operating income rose to $48.5 million, and net income increased to $35.2 million, reflecting improved asset quality and stronger commercial lending activity. The company also opened a new branch in Brooklyn, New York, and improved its efficiency ratio to 54.1%. Overall, the results indicate significant growth compared to the previous year.
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