April 25, 2018 / 11:54 PM / 3 months ago

BRIEF-Bankwell Financial Q1 Net Income $4.6 Million

April 25 (Reuters) - Bankwell Financial Group Inc:

* BANKWELL FINANCIAL GROUP REPORTS FIRST QUARTER NET INCOME OF $4.6 MILLION OR $0.59 PER SHARE, REPRESENTING 24% YEAR OVER YEAR GROWTH AND DECLARES SECOND QUARTER DIVIDEND

* Q1 REVENUE ROSE 6 PERCENT TO $15 MILLION

* BOARD OF DIRECTORS DECLARED A $0.12 PER SHARE CASH DIVIDEND

* TANGIBLE BOOK VALUE PER COMMON SHARE AT MARCH 31, 2018 WAS $21.12

* TOTAL GROSS LOANS APPROACHED $1.6 BILLION FOR Q1 OF 2018

* QTRLY NET INTEREST INCOME WAS $13.7 MILLION, AN INCREASE OF 6% COMPARED TO QUARTER ENDED MARCH 31, 2017 Source text for Eikon: Further company coverage:

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