Bankwell Financial Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Bankwell Financial Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $98,444,000. Profit margin reached 37%. Total operating expenses were $42,149,000.
Profit Margin
| 2014 | 34.70M | 4.56M | 13.16% |
|---|---|---|---|
| 2015 | 46.27M | 9.03M | 19.52% |
| 2016 | 51.76M | 12.35M | 23.86% |
| 2017 | 58.99M | 13.83M | 23.44% |
| 2018 | 60.22M | 17.43M | 28.95% |
| 2019 | 59.00M | 18.21M | 30.87% |
| 2020 | 57.71M | 5.90M | 10.23% |
| 2021 | 73.54M | 26.58M | 36.15% |
| 2022 | 97.78M | 37.42M | 38.28% |
| 2023 | 98.44M | 36.66M | 37.24% |
BWFG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 98.44M | 97.78M | 73.54M | 57.71M | 59.00M | 60.22M | 58.99M | 51.76M | 46.27M | 34.70M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 98.44M | 97.78M | 73.54M | 57.71M | 59.00M | 60.22M | 58.99M | 51.76M | 46.27M | 34.70M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 651K | 366K | 404K | 630K | 971K | 1.58M | 1.19M | 948K | 985K | 674K |
Total operating expenses | 42.14M | 366K | -39.68M | -50.41M | -36.06M | -15.33M | 1.19M | 948K | 985K | 674K |
Operating income | 48.04M | 71.18M | 33.86M | 7.30M | 22.94M | 44.89M | 43.36M | 31.78M | 23.32M | 11.77M |
Other income (expenses), net | 0 | -23.20M | 33.86M | -5.71M | 22.94M | -23.73M | -4.03M | -13.47M | -3.18M | -4.04M |
Income before tax | 48.04M | 47.98M | 33.86M | 7.30M | 22.94M | 21.15M | 25.12M | 18.31M | 13.87M | 6.73M |
Income tax expense | 11.38M | 10.55M | 7.27M | 1.39M | 4.72M | 3.72M | 11.29M | 5.96M | 4.84M | 2.16M |
Net income | 36.66M | 37.42M | 26.58M | 5.90M | 18.21M | 17.43M | 13.83M | 12.35M | 9.03M | 4.56M |
Earnings per share | ||||||||||
Basic EPS | 4.71 | 4.84 | 3.38 | 0.75 | 2.32 | 2.26 | 1.8 | 1.64 | 1.23 | 0.78 |
Diluted EPS | 4.67 | 4.79 | 3.36 | 0.75 | 2.31 | 2.24 | 1.78 | 1.62 | 1.21 | 0.78 |
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