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Stock impact report

Bankwell Financial Group Reports Operating Results for the First Quarter and Declares Second Quarter Dividend [Yahoo! Finance]

Bankwell Financial Group, Inc. (BWFG) 
Last bankwell financial group, inc. earnings: 4/29 06:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mybankwell.com
Company Research Source: Yahoo! Finance
per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023. Pre-tax, pre-provision net revenue ("PPNR") was $8.8 million, or $1.14 per share, for the first quarter of 2024, versus $14.4 million, or $1.89 per share for the same period in 2023. The Company's Board of Directors declared a $0.20 per share cash dividend, payable May 21, 2024 to shareholders of record on May 10, 2024. We recommend reading this earnings release in conjunction with the First Quarter 2024 Investor Presentation, located at http://investor.mybankwell.com/Presentations and included as an exhibit to our April 24, 2024 Current Report on Form 8-K. Notes Bankwell Financial Group President and CEO, Christopher R. Gruseke: "Our first quarter earnings of $0.48 per share include the impact of $3.7 million in charge offs related to previously disclosed non-performing loans. The main components of the charge offs were approximately $2.8 million, attributable to a Show less Read more
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