Bankwell Bank: how it compares with its peers
Against 8 CT banks with half to twice its assets, Bankwell Bank's strongest measure in Q2 2026 is return on assets (1.61% vs. a 0.87% peer median). Its weakest relative measure is net interest margin (3.58% vs. 3.47%).
| Measure | Bankwell Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.61% | 0.87% | Top third Ahead of 100% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.58% | 3.47% | Top third Ahead of 75% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.16% | 70.91% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $19.2M | $8.8M | Top third Ahead of 100% of peers |
| Loans to deposits Net loans and leases over total deposits. | 96.36% | 97.44% | Context |
What it means for lending operations
Its efficiency ratio of 44.16% is better than the 70.91% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Union Savings Bank Danbury, CT · $3.30B
- Ion Bank Naugatuck, CT · $2.78B
- First County Bank Stamford, CT · $2.42B
- Thomaston Savings Bank Thomaston, CT · $1.93B
- Fairfield County Bank Ridgefield, CT · $1.92B
- Newtown Savings Bank Newtown, CT · $1.87B
Questions about Bankwell Bank
How big is Bankwell Bank?
Bankwell Bank, established in 2002, is headquartered in New Canaan, CT. It reported $3.47B in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Bankwell Bank's return on assets?
1.61% annualized in Q2 2026, against a 0.87% median for 8 CT banks with half to twice its assets, ahead of 100% of them.
What is Bankwell Bank's efficiency ratio?
44.16% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 70.91%, and lower is better.
Is Bankwell Bank growing its loans?
Net loans grew 11.0% over the year to Q2 2026, while deposits grew 9.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are CT banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Connecticut bank ranked.