Bankwell Sees Record Earnings in Second Quarter
New Canaan-based Bankwell Financial Group Inc. had record earnings in the second quarter, though the bank noted that some nonrecurring items helped push net income higher.
Bankwell Elects New Director
New Canaan-based Bankwell Financial Group has added Darryl Demos to the board of directors for the parent company and for Bankwell Bank.
Bankwell Sees Another Quarter of Record Earnings
New Canaan-based Bankwell Financial Group reported record net income for the fourth straight quarter.
Bankwell, Salisbury Saw Record Earnings in 2021
Two of Connecticut’s publicly traded stock banks have reported record net income for 2021.
Afragola Part of Group Looking to Open New Bank
A longtime New Canaan banking executive has joined a group looking to open a new state-chartered bank.
Bankwell Saw Record Third Quarter Earnings
New Canaan-based Bankwell had record earnings for the second straight quarter as the bank saw net loan growth of $92 million during the quarter.
Bankwell, Salisbury Increase Quarterly Dividends
New Canaan-based Bankwell Bank and Lakeville-based Salisbury Bank saw second quarter earnings improve compared to the same quarter last year, and both banks increased their quarterly shareholder dividend.
Two Connecticut Banks Could Drop From Stock Index
As Russell’s U.S. stock indexes go through their annual shakeup this month, two Connecticut banks could be dropped from the Russell 3000 index.
Banks See Improvements with COVID Loan Deferrals
Two of Connecticut’s stock banks continued to show improvements in COVID-related loan deferrals.
Local Banks See Improvements in Loan Deferrals
Two Connecticut stock banks saw earnings, loans and deposits increase in the third quarter, while seeing the number of loans requiring COVID-19-related modifications decline.
Bankwell Bank Sees Decline in Third Quarter Earnings
The cost of deposits and lower loan balances drove third-quarter earnings down 16 percent for Bankwell Financial Group Inc., compared to the same period last year.
Bankwell Boosts Profits In Q3
Bankwell Financial Group in New Canaan boosted earnings 39 percent year-over-year in the third quarter, increasing net income to $3.1 million compared with $2.3 million last year.
Bankwell’s Loan Portfolio Tops $1B
Bankwell Financial Group nearly doubled its earnings on a year-over-year basis in 2015 and pushed its loan portfolio above $1.1 billion, according to the company’s most recent quarterly earnings statement. Net income at the New Canaan-based bank holding company...Bankwell COO Resigns
Bankwell Financial Group’s chief operating officer will resign Dec. 11, according to a press release the company issued late on Friday. Gail E. D. Brathwaite agreed to a consulting arrangement with the holding company for the New Canaan-based Bankwell through June of...Bankwell Posts Double-Digit Gains, Declares First Cash Dividend In Q3
Bankwell Financial Group in New Canaan posted a 51 percent year-over-year increase in net income during the third quarter, boosted by loan growth, and declared its first cash dividend since going public last year. The holding company for Bankwell recorded net income...
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