Bankwell Financial Group, Inc. (BWFG) Interest Expense - Deposits (2013 - 2026)
Bankwell Financial (BWFG) recorded Interest Expense - Deposits of $21.27 million in Q2 2026, down 7.9% from $23.08 million a year earlier and down 3.0% from the prior quarter.
Powered by 
Analysis
Bankwell Financial Group, Inc. (BWFG) Interest Expense - Deposits (2013 - 2026) Analysis & Trends
On a TTM basis, Bankwell Financial's Interest Expense - Deposits came in at $88.17 million as of Jun 30, 2026, down 11.0% year-over-year; for FY2025, it was $92.83 million, down 8.3% from FY2024.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 38.6% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $101.26 million in FY2024 (+16.5%), $86.91 million in FY2023 (+348.8%), $19.36 million in FY2022 (+85.4%) and $10.44 million in FY2021 (-42.6%).
- The Q2 2026 figure is the lowest quarterly Interest Expense - Deposits since Q2 2023.
- On a year-over-year basis, Interest Expense - Deposits has declined for six consecutive quarters, with an average decline of 5.5% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 947.8% in Q2 2023, against a decline of 41.8% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.93 million (Q1 2026), $22.39 million (Q4 2025) and $22.59 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.27 Mn |
| Mar 31, 2026 | 21.93 Mn |
| Dec 31, 2025 | 22.39 Mn |
| Sep 30, 2025 | 22.59 Mn |
| Jun 30, 2025 | 23.08 Mn |
| Mar 31, 2025 | 24.77 Mn |
| Dec 31, 2024 | 25.64 Mn |
| Sep 30, 2024 | 25.58 Mn |
| Jun 30, 2024 | 24.68 Mn |
| Mar 31, 2024 | 25.36 Mn |
| Dec 31, 2023 | 25.31 Mn |
| Sep 30, 2023 | 23.79 Mn |
| Jun 30, 2023 | 20.78 Mn |
| Mar 31, 2023 | 17.03 Mn |
| Dec 31, 2022 | 11.08 Mn |
| Sep 30, 2022 | 4.09 Mn |
| Jun 30, 2022 | 1.98 Mn |
| Mar 31, 2022 | 2.21 Mn |
| Dec 31, 2021 | 2.20 Mn |
| Sep 30, 2021 | 2.39 Mn |
API Access
Bankwell Financial Group, Inc. Interest Expense - Deposits 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-deposits&ticker=BWFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();