Bankwell financial director Seidman buys $19,618 in common stock

Published 09/06/2025, 19:20
Bankwell financial director Seidman buys $19,618 in common stock

Lawrence B. Seidman, a director at Bankwell Financial Group, Inc. (NASDAQ:BWFG), has purchased 550 shares of the company’s common stock. The transaction, which took place on June 6, 2025, was executed at a price of $35.67 per share, amounting to a total value of $19,618. The purchase comes as the $272 million market cap company trades near its 52-week high of $36, having delivered an impressive 52% return over the past year. InvestingPro analysis indicates the stock is currently trading above its Fair Value.

Following this acquisition, Seidman holds a total of 3,327 shares in the company through a deferred compensation plan. This recent purchase reflects Seidman’s continued investment in Bankwell Financial, which is based in New Canaan, Connecticut. The company maintains a 2.24% dividend yield and has consistently paid dividends for 11 consecutive years. For deeper insights into BWFG’s valuation and performance metrics, InvestingPro subscribers can access comprehensive analysis and 8 additional ProTips.

In other recent news, Bankwell Financial Group reported its first-quarter earnings for 2025, which exceeded analyst expectations. The company posted an earnings per share (EPS) of $0.87, surpassing the forecasted $0.73, marking an 81% increase from the same period last year. Revenue reached $23.57 million, exceeding the anticipated $22.63 million. Bankwell’s net interest margin improved to 2.81%, reflecting effective financial management and strategic initiatives. During the company’s Annual Meeting of Shareholders, all director nominees were elected, and the advisory proposal on executive compensation was approved. Additionally, the selection of RSM US LLP as the independent registered public accountants was ratified. The company has also announced the addition of new deposit teams and a Chief Technology Officer to enhance its strategic growth. Analyst firm KBW noted the strength of Bankwell’s loan pipeline and its potential for margin expansion.

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