CSIMarket
 


Bankwell Financial Group Inc   (BWFG)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Bankwell Financial Group Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Bankwell Financial Group Inc 's ROA in the fourth quarter of 2023?
Bankwell Financial Group Inc achieved a return on average assets (ROA) of 6.4 % in its fourth quarter of 2023, this is above BWFG's average return on assets of 0%.
Bankwell Financial Group Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $573 million

ROA fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.

However, within the Financial sector Bankwell Financial Group Inc achieved the highest return on assets. While the total ranking for ROA unchanged, relative to the third quarter of 2023 at no. .

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -11.38 % -79.6 % -77.19 % -77.29 % -73.8 %
Y / Y Net Income Change -30.68 % - -33.6 % 26.39 % 69.69 %
Net Income (TTM) in million 37 45 54 58 56
Return On Assets (TTM) 6.4 % 7.56 % 4.72 % 3.57 % 2.64 %
BWFG's Total Ranking # # # # #
Total Assets (TTM) in million 582 566 567 578 656
Seq. Total Assets Change 2.82 % -0.22 % -1.97 % -11.88 % -76.33 %
Seq. Net Income Change - - -23.09 % -60.69 % 187.79 %



Return On Assets Company Ranking
Within: No.
Industry #
Sector #
Overall #

Return On Assets Statistics
High Average Low
0 %
0 %
0 %
 





Financial Statements
Bankwell Financial Group Inc 's Assets $ 582 million BWFG's Balance sheet
Bankwell Financial Group Inc 's Income $ 18 million Quarterly BWFG's Income Statement
BWFG's Income by Division See BWFG's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change -11.38 % -73.28 % 8.99 % 19.61 % 0.57 %
Total Assets in million 582 656 2,456 2,254 1,884
Y / Y Net Income Change -2.05 % 40.78 % 350.3 % -67.59 % 4.49 %
Net Income in million 37 37 27 6 18
Return On Assets 6.3 % 5.7 % 1.08 % 0.26 % 0.97 %




Comment on BWFG's ROA in the fiscal year ending 2023
Despite deterioration in net income of -2.05 % to $36.66 million, Bankwell Financial Group Inc 's ROA improved in the fiscal year2023 to 6.3 % compared to previous year, as the value of BWFG's assets decline even faster to $581.62 million, from $581.62 a year before.


More Return On Assets Ratios
BWFG's' Return on Assets at Yahoo Finance
Regional Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
BWFG's Roa Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for BWFG's Competitors
Roa for Bankwell Financial Group Inc 's Suppliers
Return On Assets for BWFG's Customers

You may also want to know
BWFG's Roi BWFG's Inventory Turnover Ratio BWFG's Growth Rates BWFG's Dividend Comparisons
BWFG's Profitability Ratios BWFG's Asset Turnover Ratio BWFG's Dividend Growth
BWFG's Roe BWFG's Valuation Ratios BWFG's Financial Strength Ratios BWFG's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Financial Sector ROA
Hamilton Lane Inc  16.45 %
Price T Rowe Group Inc  14.80 %
Federated Hermes Inc   14.79 %
Brookfield Asset Management Ltd   14.07 %
Value Line Inc  13.83 %
Manhattan Bridge Capital Inc   13.04 %
Abrdn Gold Etf Trust  12.81 %
Lpl Financial Holdings Inc   12.05 %
Spdr Gold Trust  11.95 %
World Gold Trust  11.94 %
Brightsphere Investment Group Inc   11.83 %
Nmi Holdings Inc   11.69 %
Public Storage  11.56 %
Essent Group Ltd   11.40 %
Mgic Investment Corp  11.15 %
Enact Holdings Inc   11.11 %
Moody s Corporation  11.05 %
Affiliated Managers Group inc   10.09 %
Cboe Global Markets Inc   10.05 %
Goldman Sachs Physical Gold Etf  9.79 %
Kinsale Capital Group Inc   9.14 %
Houlihan Lokey Inc   9.07 %
Evercore Inc   8.96 %
Marsh and Mclennan Companies Inc   8.59 %
Renaissancere Holdings Ltd   8.54 %
Unitedhealth Group Incorporated  8.27 %
Radian Group Inc  8.18 %
Arch Capital Group Ltd   8.11 %
Simon Property Group inc   7.85 %
Assetmark Financial Holdings Inc   7.82 %


Date modified: 2024-03-13T04:04:49+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com