Bankwell Q2 FY26 GAAP net income rises 9.7% to $12.4 million; net interest margin widens 30 bps to 3.58%

• Bankwell Financial Group posted Q2 2026 GAAP net income of $12.4 million, or $1.52 per share, up 9.75% from Q1.
• Net interest income rose 9.73% to $29.5 million, while net interest margin widened 30 basis points to 3.58%.
• Noninterest expense fell 9.67% to $15.3 million, lifting the efficiency ratio to 47.5% from 55.8% in Q1.
• Deposits climbed 6% since year-end to $3 billion, while gross loans increased 4.2% to $3 billion.
• 2026 guidance was raised for net interest income to $115 million-$117 million, while loan growth was lifted to 5%-7%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bankwell Financial Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722309184) on July 23, 2026, and is solely responsible for the information contained therein.