Bankwell Financial BWFG
NASDAQ BWFG
$67.03 +0.97 (+1.47%)
At close: Oct 22, 2026 · 4:00 PM EDT

Bankwell Financial Group, Inc. (BWFG) Tax Rate (2013 - 2026)

Updated

Bankwell Financial (BWFG) recorded Tax Rate of 24.10% in Q2 2026, up 1.03 percentage points from 23.07% a year earlier and up 2.57 percentage points from the prior quarter.

Analysis

Bankwell Financial Group, Inc. (BWFG) Tax Rate (2013 - 2026) Analysis & Trends

On a TTM basis, Bankwell Financial's Tax Rate came in at 26.57% as of Jun 30, 2026, up 2.30 percentage points year-over-year; for FY2025, it came in at 27.42%, up 0.72 percentage points from FY2024.

  • Annual Tax Rate has increased for five straight years, with a five-year change of +8.28 percentage points (FY2020 to FY2025).
  • Across earlier years, Tax Rate came in at 26.70% in FY2024 (+3.01 pp), 23.69% in FY2023 (+1.69 pp), 22.00% in FY2022 (+0.51 pp) and 21.48% in FY2021 (+2.35 pp).
  • Quarterly Tax Rate has ranged from 20.38% in Q1 2022 to 35.77% in Q4 2025 over the past five years.
  • On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.86 percentage points.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 8.73 percentage points in Q4 2025, against a drop of 13.04 percentage points in Q4 2021 at the low end.
  • Per Business Quant, the preceding three quarters came in at 21.53% (Q1 2026), 35.77% (Q4 2025) and 25.23% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.10%
Mar 31, 2026 21.53%
Dec 31, 2025 35.77%
Sep 30, 2025 25.23%
Jun 30, 2025 23.07%
Mar 31, 2025 23.19%
Dec 31, 2024 27.04%
Sep 30, 2024 28.98%
Jun 30, 2024 24.15%
Mar 31, 2024 25.95%
Dec 31, 2023 25.68%
Sep 30, 2023 23.92%
Jun 30, 2023 21.52%
Mar 31, 2023 23.40%
Dec 31, 2022 24.29%
Sep 30, 2022 20.85%
Jun 30, 2022 22.36%
Mar 31, 2022 20.38%
Dec 31, 2021 21.46%
Sep 30, 2021 20.82%
API Access

Bankwell Financial Group, Inc. Tax Rate 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=tax-rate&ticker=BWFG&period=max&api_key=YOUR_API_KEY