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Bankwell Financial Group (BWFG) Rent Expense: 2012-2024

Historic Rent Expense for Bankwell Financial Group (BWFG) over the last 13 years, with Dec 2024 value amounting to $9.5 million.

  • Bankwell Financial Group's Rent Expense rose 5.78% to $2.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $10.1 million, marking a year-over-year increase of 11.22%. This contributed to the annual value of $9.5 million for FY2024, which is 9.57% up from last year.
  • Per Bankwell Financial Group's latest filing, its Rent Expense stood at $9.5 million for FY2024, which was up 9.57% from $8.7 million recorded in FY2023.
  • In the past 5 years, Bankwell Financial Group's Rent Expense registered a high of $10.9 million during FY2020, and its lowest value of $8.3 million during FY2022.
  • Moreover, its 3-year median value for Rent Expense was $8.7 million (2023), whereas its average is $8.8 million.
  • As far as peak fluctuations go, Bankwell Financial Group's Rent Expense soared by 43.88% in 2020, and later fell by 22.33% in 2022.
  • Over the past 5 years, Bankwell Financial Group's Rent Expense (Yearly) stood at $10.9 million in 2020, then decreased by 2.23% to $10.7 million in 2021, then dropped by 22.33% to $8.3 million in 2022, then rose by 4.44% to $8.7 million in 2023, then grew by 9.57% to $9.5 million in 2024.