Bankwell Financial (BWFG) Tax Rate (2013 - 2026)

Bankwell Financial (BWFG) reported Tax Rate of 21.53% for Q1 2026, down 165.0% on a YoY basis from 33.13% in Q1 2025, and down 39.8% quarter-over-quarter from 35.77% in Q4 2025.

Bankwell Financial (BWFG) Tax Rate (2013 - 2026) Analysis & Trends

Bankwell Financial has reported Tax Rate for 14 years, with the latest figure at 21.53% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 165.0% year-over-year to 21.53%; the trailing twelve-month figure through Mar 2026 stood at 26.55% (up 146.0% YoY), and the FY2025 full-year result was 27.42%, up 72.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 21.53%, down from 35.77% in the prior quarter.
  • The five-year high for Tax Rate was 35.77% in Q4 2025, with the low at 20.38% in Q1 2022.
  • Historically, Tax Rate has averaged 24.55% across 5 years, with a median of 23.92% in 2023.
  • The largest YoY upside for Tax Rate was 873 bps in 2025 against a maximum downside of 375 bps in 2025.
  • Bankwell Financial's Tax Rate stood at 24.29% in 2022, then grew by 6 bps to 25.68% in 2023, then increased by 5 bps to 27.04% in 2024, then jumped by 32 bps to 35.77% in 2025, then plunged by 40 bps to 21.53% in 2026.
  • The last three Tax Rate figures came in at 21.53% (Q1 2026), 35.77% (Q4 2025), and 25.23% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Bankwell Financial 428.46 Mn 208.31 Mn 654,000.00 21.53%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.53%
Mar 31, 2026 21.53%
Dec 31, 2025 35.77%
Dec 31, 2025 35.77%
Sep 30, 2025 25.23%
Sep 30, 2025 25.23%
Jun 30, 2025 23.07%
Jun 30, 2025 23.07%
Mar 31, 2025 23.19%
Mar 31, 2025 23.19%
Dec 31, 2024 27.04%
Dec 31, 2024 27.04%
Sep 30, 2024 28.98%
Sep 30, 2024 28.98%
Jun 30, 2024 24.15%
Jun 30, 2024 24.15%
Mar 31, 2024 25.95%
Mar 31, 2024 25.95%
Dec 31, 2023 25.68%
Dec 31, 2023 25.68%