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Stock impact report

Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend [Yahoo! Finance]

Bankwell Financial Group, Inc. (BWFG) 
Last bankwell financial group, inc. earnings: 4/29 06:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mybankwell.com
Company Research Source: Yahoo! Finance
GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025. Pre-tax, pre-provision net revenue (PPNR) of $7.9 million, or $1.02 per share, fell 12% relative to the third quarter of 2024 of $9.0 million, or $1.17 per share. Discussion of Outlook; Bankwell Financial Group Chief Executive Officer, Christopher R. Gruseke: "Results for the fourth quarter of 2024 include $3.0 million in charge-offs. The main components of these charge offs are discussed in this earnings release as well as in our Investor Presentation. As o Read more
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