Is Bankwell Financial Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Bankwell Financial Group, Inc. has moved from expensive to fair. Based on the current metrics, the company appears fairly valued. Key ratios include a P/E ratio of 23, a Price to Book Value of 1.02, and an EV to EBITDA of 4.58, which suggest that the company's valuation is in line with its performance relative to peers.
In comparison to its peers, Bank7 Corp. has a more attractive P/E ratio of 10.50, while USCB Financial Holdings, Inc. is fairly valued with a P/E of 11.68. Notably, Bankwell's return over the past year is 35.87%, significantly outperforming the S&P 500's return of 14.08%, indicating strong relative performance despite recent short-term declines.