XNAS
BWFG
Market cap523mUSD
Oct 08, Last price
65.66USD
1D
0.52%
1Q
13.21%
Jan 2017
102.03%
IPO
264.78%
Name
Bankwell Financial Group Inc
Chart & performance
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Profile
Bankwell Financial Group, Inc. operates as the parent company for Bankwell Bank, delivering a full spectrum of financial services to both individual consumers and business clients. Its foundational deposit offerings encompass checking, savings, and money market accounts, as well as certificates of deposit. The institution also extends a wide array of lending products. These include residential mortgages for owner-occupied properties (ranging from single-family homes to four-unit dwellings) intended for personal use, alongside home equity loans and lines of credit. For its commercial clientele, Bankwell provides financing secured by commercial real estate, multi-family residences, and investor-owned residential properties (one to four units). It also offers commercial construction loans for development projects such as apartment complexes, condominiums, office buildings, retail spaces, and other income-generating properties. Further loan options include land loans, commercial business loans (often backed by corporate assets and personal guarantees from business owners), and loans secured by customer savings or certificate accounts and automobiles. Additionally, the bank offers unsecured personal loans and overdraft protection lines of credit. The company maintains a network of branch locations across Connecticut, specifically in New Canaan, Stamford, Fairfield, Wilton, Westport, Darien, Norwalk, and Hamden. Established in 2002 under its former name, BNC Financial Group, Inc., the organization rebranded to Bankwell Financial Group, Inc. in September 2013. Its corporate headquarters are located in New Canaan, Connecticut.
Related entities
Subsidiaries
Bankwell Bank
Key people
Christopher R. Gruseke
Director, President and Chief Executive Officer of the Company and the Bank · since 2015
Christine Chivily
Executive Vice President, Chief Credit Officer of the Company and the Bank · since 2013
Penko Krassimir Ivanov
Executive Vice President and Chief Financial Officer of the Company and the Bank. · since 2016
Todd Lampert
Corporate Secretary, Independent Director · since 2013
George P. bauer
Independent Director · since 2012
Eric J. Dale
Independent Vice Chairman of the Board · since 2019
Blake S. Drexler
Independent Chairman of the Board · since 2015
James M. Garnett
Independent Director · since 2018
Daniel S. Jones
Independent Director · since 2013
Victor S. Liss
Independent Director · since 2013
Carl Michael Porto
Independent Director · since 2015
Legal address
C/O BANKWELL LOAN SERVICING GROUP, INC.
258 ELM STREET
NEW CANAAN, CT 06840
US
258 ELM STREET
NEW CANAAN, CT 06840
US
Headquarters
258 ELM STREET
NEW CANAAN, CT 06840
US
NEW CANAAN, CT 06840
US
Previous name
BNC FINANCIAL GROUP, INC.
Valuation
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