Bankwell Financial (BWFG) Rent Expense (2013 - 2026)
Bankwell Financial's Rent Expense came in at $2.82 million for Q2 2026, up 12.4% from $2.51 million a year earlier and up 4.1% from the prior quarter.
Bankwell Financial (BWFG) Rent Expense (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bankwell Financial reported Rent Expense of $10.57 million, up 5.5% year-over-year; for FY2025, it was $10.12 million, up 6.6% from FY2024.
- Rent Expense has increased in each of the last three years, though with a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Going back by year, Rent Expense was $9.49 million in FY2024 (+9.6%), $8.67 million in FY2023 (+4.4%), $8.3 million in FY2022 (-22.3%) and $10.68 million in FY2021 (-2.2%).
- The Q2 2026 figure represents the highest quarterly Rent Expense since Q2 2021.
- Year-over-year, Rent Expense increased in seven of the last eight quarters, with growth averaging 8.8%.
- The fastest year-over-year change in Rent Expense over five years came in Q4 2024 (growth of 16.5%), and the weakest in Q4 2021 (a decline of 46.6%).
- Business Quant data shows BWFG's Rent Expense at $2.71 million (Q1 2026), $2.58 million (Q4 2025) and $2.47 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Bankwell Financial | 520.89 Mn | -192.66 Mn | - | 2.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 Mn |
| Mar 31, 2026 | 2.71 Mn |
| Dec 31, 2025 | 2.58 Mn |
| Sep 30, 2025 | 2.47 Mn |
| Jun 30, 2025 | 2.51 Mn |
| Mar 31, 2025 | 2.58 Mn |
| Dec 31, 2024 | 2.60 Mn |
| Sep 30, 2024 | 2.33 Mn |
| Jun 30, 2024 | 2.24 Mn |
| Mar 31, 2024 | 2.32 Mn |
| Dec 31, 2023 | 2.23 Mn |
| Sep 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Mar 31, 2023 | 2.08 Mn |
| Dec 31, 2022 | 1.92 Mn |
| Sep 30, 2022 | 2.04 Mn |
| Jun 30, 2022 | 2.19 Mn |
| Mar 31, 2022 | 2.15 Mn |
| Dec 31, 2021 | 2.41 Mn |
| Sep 30, 2021 | 2.62 Mn |
Bankwell Financial Rent Expense 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=rent-expense&ticker=BWFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "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=rent-expense&ticker=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();