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| Date | Value |
|---|---|
| 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% |