Bankwell Financial (BWFG) Research & Development (2013 - 2026)
Bankwell Financial (BWFG) reported Research & Development of $716000.0 for Q1 2026, down 19.1% on a YoY basis from $885000.0 in Q1 2025, and down 18.36% quarter-over-quarter from $877000.0 in Q4 2025.
Bankwell Financial (BWFG) Research & Development (2013 - 2026) Analysis & Trends
Bankwell Financial has reported Research & Development for 14 years, with the latest figure at $716000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 19.1% year-over-year to $716000.0; the trailing twelve-month figure through Mar 2026 stood at $2.9 million (down 13.49% YoY), and the FY2025 full-year result was $3.1 million, down 4.43% from the prior year.
- Research & Development for Q1 2026 stood at $716000.0, down from $877000.0 in the prior quarter.
- The five-year high for Research & Development was $905000.0 in Q4 2024, with the low at $626000.0 in Q3 2022.
- Historically, Research & Development has averaged $740823.5 across 5 years, with a median of $729000.0 in 2023.
- Annual changes were most pronounced in 2022 — Research & Development surged 53.47% — and 2025, when it fell 25.62%.
- Bankwell Financial's Research & Development stood at $663000.0 in 2022, then climbed by 12.67% to $747000.0 in 2023, then increased by 21.15% to $905000.0 in 2024, then fell by 3.09% to $877000.0 in 2025, then dropped by 18.36% to $716000.0 in 2026.
- The last three Research & Development figures came in at $716000.0 (Q1 2026), $877000.0 (Q4 2025), and $633000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Bankwell Financial | 428.46 Mn | 208.31 Mn | 654,000.00 | 716,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 716,000.00 |
| Dec 31, 2025 | 877,000.00 |
| Sep 30, 2025 | 633,000.00 |
| Jun 30, 2025 | 712,000.00 |
| Mar 31, 2025 | 885,000.00 |
| Dec 31, 2024 | 905,000.00 |
| Sep 30, 2024 | 851,000.00 |
| Jun 30, 2024 | 755,000.00 |
| Mar 31, 2024 | 740,000.00 |
| Dec 31, 2023 | 747,000.00 |
| Sep 30, 2023 | 741,000.00 |
| Jun 30, 2023 | 729,000.00 |
| Mar 31, 2023 | 671,000.00 |
| Dec 31, 2022 | 663,000.00 |
| Sep 30, 2022 | 626,000.00 |
| Jun 30, 2022 | 689,000.00 |
| Mar 31, 2022 | 654,000.00 |
| Dec 31, 2021 | 432,000.00 |
| Sep 30, 2021 | 632,000.00 |
| Jun 30, 2021 | 833,000.00 |