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Bankwell Financial Group (BWFG) Research & Development: 2012-2024

Historic Research & Development for Bankwell Financial Group (BWFG) over the last 13 years, with Dec 2024 value amounting to $3.3 million.

  • Bankwell Financial Group's Research & Development fell 25.62% to $633,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $3.1 million, marking a year-over-year increase of 1.36%. This contributed to the annual value of $3.3 million for FY2024, which is 12.57% up from last year.
  • As of FY2024, Bankwell Financial Group's Research & Development stood at $3.3 million, which was up 12.57% from $2.9 million recorded in FY2023.
  • Bankwell Financial Group's Research & Development's 5-year high stood at $3.3 million during FY2024, with a 5-year trough of $2.4 million in FY2021.
  • Moreover, its 3-year median value for Research & Development was $2.9 million (2023), whereas its average is $2.9 million.
  • In the last 5 years, Bankwell Financial Group's Research & Development soared by 55.59% in 2020 and then fell by 25.09% in 2021.
  • Over the past 5 years, Bankwell Financial Group's Research & Development (Yearly) stood at $3.2 million in 2020, then fell by 25.09% to $2.4 million in 2021, then climbed by 9.26% to $2.6 million in 2022, then increased by 9.73% to $2.9 million in 2023, then increased by 12.57% to $3.3 million in 2024.