Company / Interest Expense
Bankwell Financial Group, Inc. Interest Expense History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$94.5M
FY2024
5-year range
$13.5M / $94.5M
FY2020-FY2024
Trend
+307.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense changed +307% YoY in FY2024, a notable deviation from the 4-year average annual change of +84%.
Based on SEC 10-K filings.
$94M in FY2024 with a 3-year CAGR of +61.0%.
Increased from $13M to $94M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +61.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +61.0%, indicating consistent growth.
- In FY2024, interest expense increased 307.2% year-over-year.
- Lowest interest expense in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $94.5M | +307.2% |
| FY2023 | $23.2M | +72.0% |
| FY2022 | $13.5M | -40.4% |
| FY2021 | $22.7M | -4.6% |
| FY2020 | $23.7M | - |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026