Bankwell Q2 2025 Earnings Call Transcript: EPS Rises 32%, NIM Expands 29 Basis Points

Bankwell's Q2 2025 earnings show a 32% increase in GAAP fully diluted earnings per share to $1.15, driven by net interest margin expansion and higher SBA loan sales. Pre-provision net revenue rose 21% to $11.4 million, with a net interest margin of 3.10%, up 29 basis points from Q1 2025. Deposit costs decreased to 3.46%, and loan portfolio yield rose to 6.58%. Noninterest income increased 34% to $2 million, and noninterest expense grew to $14.5 million. Total assets remained at $3.2 billion.