- Bankwell Financial is a Connecticut-based local bank with almost $2.5B in assets on the balance sheet.
- The bank has been expanding its loan portfolio, and about 90% of the loans are either commercial real estate or commercial loans.
- The total amount of loans past due remains elevated, but a final and binding solution will be reached for some of those.
- Bankwell pays a quarterly dividend of $0.20 for a dividend yield of just under 2.5%, the rest of the earnings are retained on the balance sheet.
For further details see:
Bankwell Financial: The Loan Book Is Heavily Geared Towards CRE And Commercial Loans