Bankwell Financial Group, Inc.
Bankwell Financial Group, Inc. (NASDAQ: BWFG) is trading at $66.48, about ₹6,374 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.73% today. Indian residents can buy Bankwell Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$65.84
Today's high
$66.75
52 week low
$40.45
52 week high
$69.59
BWFG opened at $66.27, closed previously at $66.00, and has traded between $40.45 and $69.59 over the past 52 weeks.
About
Bankwell Financial Group, Inc. operates as the parent company for Bankwell Bank, delivering a full spectrum of financial services to both individual consumers and business clients. Its foundational deposit offerings encompass checking, savings, and money market accounts, as well as certificates of deposit. The institution also extends a wide array of lending products. These include residential mortgages for owner-occupied properties (ranging from single-family homes to four-unit dwellings) intended for personal use, alongside home equity loans and lines of credit. For its commercial clientele, Bankwell provides financing secured by commercial real estate, multi-family residences, and investor-owned residential properties (one to four units). It also offers commercial construction loans for development projects such as apartment complexes, condominiums, office buildings, retail spaces, and other income-generating properties. Further loan options include land loans, commercial business loans (often backed by corporate assets and personal guarantees from business owners), and loans secured by customer savings or certificate accounts and automobiles. Additionally, the bank offers unsecured personal loans and overdraft protection lines of credit. The company maintains a network of branch locations across Connecticut, specifically in New Canaan, Stamford, Fairfield, Wilton, Westport, Darien, Norwalk, and Hamden. Established in 2002 under its former name, BNC Financial Group, Inc., the organization rebranded to Bankwell Financial Group, Inc. in September 2013. Its corporate headquarters are located in New Canaan, Connecticut.
Key statistics
Avg. volume
72.43K
Market cap
$530.06M
P/E Ratio
12.24
Price-to-sales ratio
2.45
Enterprise value
$438.50M
Free cash flow yield
6.51%
Debt-to-equity ratio
0.31
Return on equity
13.95%
ROIC
25.69%
Beta
0.57
Dividend yield
1.20%
Last dividend
$0.80
Financial overview
Revenue
$207.72M
Earnings per share
$4.49
Free cash flow
$27.13M
Net profit margin
19.78%
Gross margin
55.77%
EBITDA
$52.58M
Revenue growth
6.13%
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This is not an investment recommendation
How to buy Bankwell Financial from India
Indian residents can buy Bankwell Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Bankwell Financial and place an order
Find Bankwell Financial by name or by its ticker, BWFG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Bankwell Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Bankwell Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Bankwell Financial from India
Trading and taxes when buying Bankwell Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Bankwell Financial’s current yield is 1.20%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Bankwell Financial stock?
Yes. Bankwell Financial (BWFG) has been listed on NASDAQ since 2010, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Bankwell Financial share cost in rupees?
One Bankwell Financial share is $66.48 — about ₹6,374 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Bankwell Financial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Bankwell Financial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Bankwell Financial?
Yes. One Bankwell Financial share is $66.48, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Bankwell Financial.
How are gains on Bankwell Financial shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Bankwell Financial price. Paasa issues a capital-gains statement for your return.
Does Bankwell Financial pay a dividend, and how is it taxed in India?
Yes. Bankwell Financial pays a dividend and the current yield is 1.20%; the last declared dividend was $0.80 per share, about ₹76.70. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Bankwell Financial from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Bankwell Financial shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Bankwell Financial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Bankwell Financial holding, its cost and its closing value.
How do I sell Bankwell Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.