Bankwell Financial Group Operating Expenses Growth & History (BWFG)
Bankwell Financial Group's operating expenses was $58.8M for fiscal 2025.
View full Bankwell Financial Group company overviewBankwell Financial Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $58.8M | $7.7M | +15.16% |
| 2024 | 2024-12-31 | $51.1M | $650,000 | +1.29% |
| 2023 | 2023-12-31 | $50.4M | $6.0M | +13.61% |
| 2022 | 2022-12-31 | $44.4M | $4.6M | +11.64% |
| 2021 | 2021-12-31 | $39.7M | −$3.1M | −7.18% |
| 2020 | 2020-12-31 | $42.8M | $7.2M | +20.17% |
| 2019 | 2019-12-31 | $35.6M | −$7,000 | −0.02% |
| 2018 | 2018-12-31 | $35.6M | $3.1M | +9.56% |
| 2017 | 2017-12-31 | $32.5M | $3.0M | +10.08% |
| 2016 | 2016-12-31 | $29.5M | $373,000 | +1.28% |
| 2015 | 2015-12-31 | $29.2M | $3.4M | +13.01% |
| 2014 | 2014-12-31 | $25.8M | $3.7M | +16.69% |
| 2013 | 2013-12-31 | $22.1M | $4.3M | +23.87% |
| 2012 | 2012-12-31 | $17.9M | — | — |
Bankwell Financial Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.3M | $709,000 | +4.87% |
| Q1 2026 | 2026-03-31 | $16.9M | $2.7M | +19.43% |
| Q4 2025 | 2025-12-31 | $15.5M | $2.8M | +22.35% |
| Q3 2025 | 2025-09-30 | $14.6M | $1.8M | +13.73% |
| Q2 2025 | 2025-06-30 | $14.5M | $2.3M | +18.79% |
| Q1 2025 | 2025-03-31 | $14.1M | $844,000 | +6.35% |
| Q4 2024 | 2024-12-31 | $12.6M | −$220,000 | −1.71% |
| Q3 2024 | 2024-09-30 | $12.9M | $660,000 | +5.41% |
| Q2 2024 | 2024-06-30 | $12.2M | −$396,000 | −3.13% |
| Q1 2024 | 2024-03-31 | $13.3M | $606,000 | +4.78% |
| Q4 2023 | 2023-12-31 | $12.9M | $393,000 | +3.15% |
| Q3 2023 | 2023-09-30 | $12.2M | $1.2M | +10.64% |
| Q2 2023 | 2023-06-30 | $12.6M | $1.7M | +15.59% |
| Q1 2023 | 2023-03-31 | $12.7M | $2.8M | +27.87% |
| Q4 2022 | 2022-12-31 | $12.5M | $2.8M | +28.85% |
| Q3 2022 | 2022-09-30 | $11.0M | $661,000 | +6.37% |
| Q2 2022 | 2022-06-30 | $10.9M | $884,000 | +8.79% |
| Q1 2022 | 2022-03-31 | $9.9M | $287,000 | +2.98% |
| Q4 2021 | 2021-12-31 | $9.7M | −$4.0M | −29.37% |
| Q3 2021 | 2021-09-30 | $10.4M | $641,000 | +6.59% |
| Q2 2021 | 2021-06-30 | $10.1M | $330,000 | +3.39% |
| Q1 2021 | 2021-03-31 | $9.6M | −$21,000 | −0.22% |
| Q4 2020 | 2020-12-31 | $13.7M | $4.5M | +48.56% |
| Q3 2020 | 2020-09-30 | $9.7M | $1.1M | +12.19% |
| Q2 2020 | 2020-06-30 | $9.7M | $967,000 | +11.05% |
| Q1 2020 | 2020-03-31 | $9.7M | $684,000 | +7.62% |
| Q4 2019 | 2019-12-31 | $9.2M | $428,000 | +4.87% |
| Q3 2019 | 2019-09-30 | $8.7M | −$198,000 | −2.23% |
| Q2 2019 | 2019-06-30 | $8.8M | −$9,000 | −0.10% |
| Q1 2019 | 2019-03-31 | $9.0M | −$228,000 | −2.48% |
| Q4 2018 | 2018-12-31 | $8.8M | $217,000 | +2.53% |
| Q3 2018 | 2018-09-30 | $8.9M | $741,000 | +9.12% |
| Q2 2018 | 2018-06-30 | $8.8M | $1.2M | +15.60% |
| Q1 2018 | 2018-03-31 | $9.2M | $969,000 | +11.77% |
| Q4 2017 | 2017-12-31 | $8.6M | $811,000 | +10.44% |
| Q3 2017 | 2017-09-30 | $8.1M | $648,000 | +8.66% |
| Q2 2017 | 2017-06-30 | $7.6M | $366,000 | +5.07% |
| Q1 2017 | 2017-03-31 | $8.2M | $1.2M | +16.30% |
| Q4 2016 | 2016-12-31 | $7.8M | $107,000 | +1.40% |
| Q3 2016 | 2016-09-30 | $7.5M | $323,000 | +4.51% |
| Q2 2016 | 2016-06-30 | $7.2M | −$165,000 | −2.24% |
| Q1 2016 | 2016-03-31 | $7.1M | $108,000 | +1.55% |
| Q4 2015 | 2015-12-31 | $7.7M | −$683,000 | −8.19% |
| Q3 2015 | 2015-09-30 | $7.2M | $1.6M | +29.44% |
| Q2 2015 | 2015-06-30 | $7.4M | $1.5M | +25.15% |
| Q1 2015 | 2015-03-31 | $7.0M | $931,000 | +15.41% |
| Q4 2014 | 2014-12-31 | $8.3M | $1.3M | +18.19% |
| Q3 2014 | 2014-09-30 | $5.5M | $199,000 | +3.73% |
| Q2 2014 | 2014-06-30 | $5.9M | $766,000 | +14.93% |
| Q1 2014 | 2014-03-31 | $6.0M | $1.4M | +31.38% |
| Q4 2013 | 2013-12-31 | $7.1M | — | — |
| Q3 2013 | 2013-09-30 | $5.3M | — | — |
| Q2 2013 | 2013-06-30 | $5.1M | — | — |
| Q1 2013 | 2013-03-31 | $4.6M | — | — |
Bankwell Financial Group operating expenses trends
Over the last five fiscal years, Bankwell Financial Group's operating expenses increased from $42.8M to $58.8M, a change of $16.0M. The latest reported quarter, Q2 2026, shows $15.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bankwell Financial Group source filings ↗