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Bankwell Financial Group Inc
220 Elm Street
Phone: (203) 972-3838p:203 972-3838 NEW CANAAN, CT  06840  United States Ticker: BCANBCAN
Business Summary
Bankwell Financial Group, Inc. is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state chartered commercial bank. The Bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans (such as business term loans, equipment financing and lines of credit) to small and medium-sized businesses and real estate construction and development loans. Its depository products include checking, savings, money market and certificates of deposit at a variety of rates. The Bank operates nine branches in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, Connecticut. The Bank provides a range of services to clients in its market, an area encompassing approximately a 100-mile radius around its branch network.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
6020 Commercial banks
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Blake S.Drexler 65 2/26/2015 1/1/2007
Director, President and Chief Executive Officer of the Company and the Bank Christopher R.Gruseke 62 2/27/2015 1/20/2015
Independent Vice Chairman of the Board Eric J.Dale 58 1/1/2019 1/1/2008
10 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
WILTON BANK 47 Old Ridgefield Rd Wilton Connecticut United States
The Bank of Fairfield 2150 Post Road Fairfield CT United States
Quinnipiac Bank & Trust Company 2704 DIXWELL AVENUE HAMDEN CT United States
Bankwell Bank 208 Elm Street New Canaan CT United States

Business Names
Business Name
Bankwell Bank
BCAN
BWFG
Quinnipiac Bank & Trust Company

General Information
Number of Employees: 126 (As of 12/31/2023)
Outstanding Shares: 7,908,180 (As of 4/4/2024)
Shareholders: 251
Stock Exchange: NASD
Federal Tax Id: 208251355


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Thursday, April 18, 2024