Bankwell Raises 2026 Net Interest Income Outlook to $119 Million to $121 Million

Bankwell Financial Group, Inc. raised its 2026 net interest income outlook to $119 million to $121 million from $115 million to $117 million, pointing to margin expansion and strength in its Small Business Administration lending platform. The bank also increased its full-year noninterest income forecast to $14 million to $15 million from $12 million to $13 million. Bankwell’s core conversion generated $3 million in pretax costs during the third quarter, largely from one-time termination fees. The bank expects quarterly conversion expenses of $400,000 to $500,000 over the next four quarters.

Source: TokenPost