Is Bankwell Financial Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Bankwell Financial Group, Inc. 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. In comparison, peers such as Bank7 Corp. have a P/E of 10.50, while USCB Financial Holdings, Inc. has a P/E of 11.68, indicating that Bankwell is priced higher than some of its peers.
In terms of stock performance, Bankwell Financial has shown strong returns year-to-date at 31.08% and over one year at 35.87%, significantly outperforming the S&P 500's 13.30% and 14.08% returns, respectively. However, over the three-year and ten-year periods, Bankwell's returns lag behind the S&P 500, which suggests potential volatility in its long-term performance.