Bankwell Financial Group, Inc. (BWFG) Tax Rate (2013 - 2026)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();