Bankwell Financial Group, Inc. (BWFG) Interest Expense - Debt (2013 - 2026)
Bankwell Financial (BWFG) recorded Interest Expense - Debt of $1.47 million in Q2 2026, down 10.1% from $1.63 million a year earlier and down 14.8% from the prior quarter.
Bankwell Financial Group, Inc. (BWFG) Interest Expense - Debt (2013 - 2026) Analysis & Trends
On a TTM basis, Bankwell Financial's Interest Expense - Debt came in at $6.48 million as of Jun 30, 2026, down 9.6% year-over-year; for FY2025, it came in at $6.56 million, down 11.9% from FY2024.
- Annual Interest Expense - Debt has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Debt came in at $7.45 million in FY2024 (+5.3%), $7.08 million in FY2023 (+84.5%), $3.84 million in FY2022 (+26.0%) and $3.05 million in FY2021 (-31.9%).
- Quarterly Interest Expense - Debt has ranged from $503,000 in Q3 2021 to $2.02 million in Q3 2025 over the past five years.
- On a year-over-year basis, Interest Expense - Debt rose in four of the last eight quarters, with an average decline of 4.5%.
- Peak year-over-year performance for Interest Expense - Debt in the last five years was growth of 211.5% in Q2 2023, against a decline of 58.4% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.72 million (Q1 2026), $1.28 million (Q4 2025) and $2.02 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.47 Mn |
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | 1.28 Mn |
| Sep 30, 2025 | 2.02 Mn |
| Jun 30, 2025 | 1.63 Mn |
| Mar 31, 2025 | 1.64 Mn |
| Dec 31, 2024 | 2.00 Mn |
| Sep 30, 2024 | 1.90 Mn |
| Jun 30, 2024 | 1.78 Mn |
| Mar 31, 2024 | 1.77 Mn |
| Dec 31, 2023 | 1.84 Mn |
| Sep 30, 2023 | 1.78 Mn |
| Jun 30, 2023 | 1.74 Mn |
| Mar 31, 2023 | 1.72 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Sep 30, 2022 | 993,000.00 |
| Jun 30, 2022 | 558,000.00 |
| Mar 31, 2022 | 586,000.00 |
| Dec 31, 2021 | 767,000.00 |
| Sep 30, 2021 | 503,000.00 |
Bankwell Financial Group, Inc. Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=BWFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "BWFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();