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BlastPoint's Banking Scorecard

Bankwell Bank

$1B-$10B Specialty: Commercial CT FDIC cert 57368

New Canaan, CT

11 branches across CT · NY

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 15 in CT.
  • Deposits +9.5% year over year ($3.0B on the books).
  • Delinquency rate 0.54%.
  • Return on assets 1.61%.
  • Efficiency ratio 44.16% vs a 59.73% peer average.
  • Loan-to-deposit ratio 96.36% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 15 in CT
View $1B-$10B leaderboard (CT) →

Bankwell Bank has 3 strengths but faces 1 concern

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + ROA 0.22% above tier average
  • + Efficiency Ratio 15.57% below tier average
  • + Delinquency Rate 0.32% below tier average

Key Concerns

Areas that may need attention

  • - Net Interest Margin 0.29% below tier average

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Total Assets ? $3.5B
+7.3% YoY +3.0% QoQ
+$673.1M $2.8B
-0.6% YoY
$4.8B
+5.5% YoY
$6.3B
+7.7% YoY
76%
Total Loans ? $2.9B
+11.0% YoY +3.3% QoQ
+$961.7M $2.0B
-0.3% YoY
$3.3B
+8.0% YoY
$3.2B
+9.4% YoY
82%
Total Deposits ? $3.0B
+9.5% YoY +4.2% QoQ
+$716.5M $2.3B
-0.5% YoY
$3.9B
+6.2% YoY
$4.9B
+7.3% YoY
78%
Return on Assets ? 1.61%
+37.0% YoY +4.2% QoQ
+0.22% 1.39%
+17.0% YoY
1.11%
+57.7% YoY
1.30%
+12.1% YoY
74%
Net Interest Margin ? 3.58%
+15.4% YoY +3.6% QoQ
-0.29% 3.87%
+6.2% YoY
3.44%
+11.6% YoY
3.95%
+4.9% YoY
42%
Efficiency Ratio ? 44.16%
-14.6% YoY -8.8% QoQ
-15.57% 59.73%
-12.6% YoY
72.27%
-70.9% YoY
70.05%
+2.5% YoY
Top 10.5% in tier
Delinquency Rate ? 0.54%
-40.1% YoY -19.3% QoQ
-0.32% 0.87%
+11.7% YoY
0.70%
-4.9% YoY
0.98%
+16.3% YoY
49%
Loan-to-Deposit Ratio ? 96.36%
+1.4% YoY -0.9% QoQ
+11.33% 85.04%
-0.1% YoY
91.71%
+1.4% YoY
79.03%
+2.3% YoY
22%
Non-Interest-Bearing Deposit Share ? 15.55%
+8.5% YoY +5.7% QoQ
-5.72% 21.27%
-1.5% YoY
22.06%
+1.6% YoY
21.98%
-0.6% YoY
30%
Nonperforming Asset Ratio ? 0.46%
-41.2% YoY -19.1% QoQ
-0.22% 0.67%
+11.7% YoY
0.53%
-3.6% YoY
0.69%
+15.8% YoY
46%
Tier 1 Capital Ratio ? 11.67%
-4.3% YoY -2.5% QoQ
-3.17% 14.84%
-0.4% YoY
14.05%
-0.0% YoY
17.09%
+0.8% YoY
27%
Non-Interest Income / Assets ? 0.19%
+77.9% YoY +92.2% QoQ
-0.34% 0.53%
+2.5% YoY
0.35%
+5.1% YoY
0.66%
+5.2% YoY
29%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Noninterest-Bearing 15.6%
+1.2pp YoY
+0.8pp QoQ
-5.8pp 21.4% 22.1% 22.2% 29%
Brokered Deposits 16.7%
-5.8pp YoY
-1.0pp QoQ
+7.2pp 9.5% 8.1% 8.5% 85%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
C&I 24.5%
+3.3pp YoY
-1.0pp QoQ
+10.5pp 14.0% 11.4% 12.5% 87%
CRE 71.8%
-2.9pp YoY
+0.8pp QoQ
+21.8pp 50.0% 42.4% 41.4% 90%
1-4 Family 2.3%
-0.3pp YoY
0.0pp QoQ
-24.1pp 26.4% 42.2% 31.3% 3%
Consumer 0.0%
0.0pp YoY
0.0pp QoQ
-4.7pp 4.7% 4.1% 5.0% 0%

Capital

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
CET1 Ratio 11.7%
-0.5pp YoY
-0.3pp QoQ
-3.9pp 15.6% 15.0% 19.7% 18%
Leverage Ratio 10.4%
-0.2pp YoY
+0.1pp QoQ
-0.9pp 11.3% 12.7% 12.6% 47%
Total Capital Ratio 12.7%
-0.6pp YoY
-0.3pp QoQ
-4.0pp 16.7% 16.0% 20.8% 17%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Full-Time Employees 181
+21 (+13.1%) YoY
+5 (+2.8%) QoQ
-133 313 342 482 34%
Assets per Employee ($) $19.2M
-5.2% YoY
+0.2% QoQ
+$8.7M $10.5M $9.9M $8.8M 94%
Branch Count 11
+2 (+22.2%) YoY
0 QoQ
-9 20 19 18 35%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.2% 0.2% 0.4% n/a
Nonaccrual 0.5%
-0.4pp YoY
-0.1pp QoQ
-0.3pp 0.8% 0.7% 1.0% 52%
Allowance Coverage 1.93x
+57.5% YoY
+24.2% QoQ
-16.78x 18.71x 4.87x 20.23x 47%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
-0.3pp 0.3% 0.1% 0.2% 33%

Profitability

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
ROE 15.5%
+4.1pp YoY
+0.7pp QoQ
+2.9pp 12.6% 8.2% 11.6% 76%
Cost of Funds (YTD) 2.8%
-0.5pp YoY
-0.1pp QoQ
+0.8pp 1.9% 1.7% 1.7% 91%
Net Income ($, YTD) $27.3M
+44.3% YoY
— QoQ
+$8.0M $19.2M $28.0M $40.4M 80%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

94
Efficiency Ratio
profitability
Value: 44.16%
Peer Median: 59.73%
#94 of 885 Top 10.5% in $1B-$10B
164
Total Loans
size
Value: $2.92B
Peer Median: $1.96B
#164 of 885 Top 18.4% in $1B-$10B
198
Total Deposits
size
Value: $3.04B
Peer Median: $2.32B
#198 of 885 Top 22.3% in $1B-$10B
215
Total Assets
size
Value: $3.47B
Peer Median: $2.79B
#215 of 885 Top 24.2% in $1B-$10B

Top Weaknesses (1 metrics)

690
Loan-to-Deposit Ratio
liquidity
Value: 96.36%
Peer Median: 85.04%
#690 of 885 Bottom 22.1% in $1B-$10B
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