Envirotech Vehicles appoints Jason Maddox to board of directors
Jeffrey R. Dunne, a director at Bankwell Financial Group, Inc. (NASDAQ:BWFG), recently purchased 501 shares of common stock, according to a filing with the Securities and Exchange Commission dated June 6, 2025. The shares were acquired at a price of $35.67 each, totaling approximately $17,870. The purchase comes as BWFG trades near its 52-week high of $36.00, having delivered an impressive 52.3% return over the past year. Following this transaction, Dunne holds a total of 4,678 shares in a deferred compensation plan.
Additionally, Dunne has various holdings in restricted stock, which are set to vest over the coming years. These include 1,800 shares granted in February 2025 and 1,600 shares granted in December 2023, with portions of these shares scheduled to vest annually until 2028. With a market capitalization of $272.31 million and a dividend yield of 2.24%, BWFG continues to reward shareholders. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed research available on InvestingPro.
In other recent news, Bankwell Financial Group reported impressive first-quarter earnings for 2025, exceeding analyst expectations. The company announced an earnings per share (EPS) of $0.87, surpassing the projected $0.73, marking an 81% increase from the previous year. Revenue also exceeded forecasts, coming in at $23.57 million compared to the anticipated $22.63 million. The company’s net interest margin improved to 2.81%, up 21 basis points from the prior quarter. Additionally, Bankwell held its Annual Meeting of Shareholders, where all director nominees were elected for one-year terms, and executive compensation was approved by a significant majority. The firm also ratified RSM US LLP as its independent registered public accountants for the fiscal year ending December 31, 2025. In terms of strategic initiatives, Bankwell added new deposit teams and appointed a new Chief Technology Officer, Brian Merritt, to enhance its technological capabilities. Analysts from KBW noted the company’s strong performance and robust loan pipeline, reflecting positive investor sentiment and strategic direction.
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