Bankwell financial director Blake Drexler buys $9,095 in common stock

Published 09/06/2025, 19:16
Bankwell financial director Blake Drexler buys $9,095 in common stock

Blake S. Drexler, a director of Bankwell Financial Group, Inc. (NASDAQ:BWFG), recently acquired 255 shares of the company’s common stock. The purchase, made on June 6, 2025, was executed at a price of $35.67 per share, amounting to a total transaction value of $9,095. The timing is notable as the $272.31M market cap company trades near its 52-week high of $36.00, having delivered an impressive 52.3% return over the past year. According to InvestingPro analysis, the stock appears fairly valued at current levels. Following this acquisition, Drexler’s indirect holdings, in a Deferred Compensation Plan, increased to 36,479 shares.

Drexler also maintains various other holdings in Bankwell Financial, including direct ownership of 158,928 shares and indirect holdings through an IRA-401(k) and other accounts. This recent transaction reflects Drexler’s continued interest in the financial institution, where he plays a significant role as a board member.

In other recent news, Bankwell Financial Group reported strong first-quarter earnings for 2025, exceeding analyst expectations. The company achieved an earnings per share of $0.87, surpassing the anticipated $0.73, marking an 81% increase from the same period last year. Revenue reached $23.57 million, also beating forecasts of $22.63 million. Additionally, Bankwell’s net interest margin improved to 2.81%, reflecting effective financial management. In a separate event, Bankwell held its Annual Meeting of Shareholders, where over 6.5 million shares were represented. Shareholders voted on key proposals, including the election of directors and the approval of executive compensation, both of which passed with significant majorities. Furthermore, RSM US LLP was ratified as the company’s independent registered public accountants for the fiscal year ending December 31, 2025. These developments indicate a positive trajectory for Bankwell Financial Group, as highlighted by analyst firms during their assessments.

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