Bankwell Financial Group, Inc. (BWFG) Service Charges (2013 - 2018)
Bankwell Financial (BWFG) reported Service Charges of $285,000 for Q3 2018, up 12.2% from $254,000 a year earlier and up 7.5% from the prior quarter.
Bankwell Financial Group, Inc. (BWFG) Service Charges (2013 - 2018) Analysis & Trends
Over the twelve months ended Sep 30, 2018, Bankwell Financial's Service Charges came in at $1.06 million, up 6.1% year-over-year; for FY2017, it came in at $1.01 million, up 4.6% from FY2016.
- Service Charges has increased for five consecutive years, with a five-year compound annual growth rate of 26.2% (FY2012 to FY2017).
- By year, Service Charges came in at $963,000 in FY2016 (+3.2%), $933,000 in FY2015 (+45.1%), $643,000 in FY2014 (+54.6%) and $416,000 in FY2013 (+32.5%).
- The Q3 2018 figure ranks as the highest quarterly Service Charges in data going back to Q1 2013.
- Year over year, Service Charges has now increased in each of the last six quarters, with growth averaging 4.1% over the last eight quarters.
- The high point for year-over-year Service Charges in five years was Q4 2014 (growth of 87.4%); the low point was Q4 2016 (a decline of 6.2%).
- Per Business Quant data, the three quarters before Q3 2018 came in at $265,000 (Q2 2018), $256,000 (Q1 2018) and $252,000 (Q4 2017).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2018 | 285,000.00 |
| Jun 30, 2018 | 265,000.00 |
| Mar 31, 2018 | 256,000.00 |
| Dec 31, 2017 | 252,000.00 |
| Sep 30, 2017 | 254,000.00 |
| Jun 30, 2017 | 261,000.00 |
| Mar 31, 2017 | 240,000.00 |
| Dec 31, 2016 | 242,000.00 |
| Sep 30, 2016 | 241,000.00 |
| Jun 30, 2016 | 235,000.00 |
| Mar 31, 2016 | 245,000.00 |
| Dec 31, 2015 | 258,000.00 |
| Sep 30, 2015 | 234,000.00 |
| Jun 30, 2015 | 233,000.00 |
| Mar 31, 2015 | 208,000.00 |
| Dec 31, 2014 | 223,000.00 |
| Sep 30, 2014 | 153,000.00 |
| Jun 30, 2014 | 143,000.00 |
| Mar 31, 2014 | 124,000.00 |
| Dec 31, 2013 | 119,000.00 |
Bankwell Financial Group, Inc. Service Charges 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=service-charges&ticker=BWFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "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=service-charges&ticker=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();