Bankwell Financial Group Inc reports results for the quarter ended December 31 - Earnings Summary

Bankwell Financial

22/01/2025 22:01

* Bankwell Financial Group Inc  BWFG.OQ  reported quarterly
adjusted earnings of 32 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of $1.09.  The lone analyst forecast for
the quarter was for earnings of 65 cents per share. 
    * Revenue fell 9.5% to $21.16 million from a year ago;
analysts
expected $22.13 million. 
    * Bankwell Financial Group Inc's reported EPS for the
quarter was
32 cents​.
    * The company reported quarterly net income of $2.51
million.
    * Bankwell Financial Group Inc shares had fallen by 4.2%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Bankwell
Financial Group Inc is $40.00 
This summary was machine generated from LSEG data January 22 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.65           0.32           Missed
 Sep. 30 2024      -0.08          0.24           Beat
 Jun. 30 2024      0.10           0.14           Beat
 Mar. 31 2024      0.72           0.48           Missed