Bankwell Financial

Q2 FY2026 EarningsFY26 Q2 beat consensus across most key metrics: revenue of $32.8M vs. $30.6M expected, and diluted EPS of $1.52 vs. $1.29 mean consensus. Net interest margin expanded significantly to 3.58% from 3.10% YoY, driven by lower deposit costs and higher loan yields. Despite a higher-than-expected provision for credit losses ($1.2M), net income of $12.4M exceeded expectations by 20.7%, supported by robust noninterest income growth of 63.0% YoY.