Bankwell Financial Group (BWFG) Declares $0.20 Quarterly Dividend; 2.7% Yield
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Bankwell Financial Group Reports Operating Results for the Fourth Quarter, Declares First Quarter Dividend
January 22, 2025 4:07 PM ESTNEW CANAAN, Conn.--(BUSINESS WIRE)-- Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported 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.... More
