Penko Ivanov - Bankwell Financial CFO, Executive Vice President

BWFG Stock  USD 29.80  0.20  0.67%   

President

Mr. Penko Krassimir Ivanov serves as Chief Financial Officer, Executive Vice President of the Company. Mr. Ivanov comes to Bankwell with more than 24 years of experience in accounting and finance. His more recent roles included CFO for the US Operations of Doral Bank, where he created a scalable Finance organization to support the rapid growth of several business units from infancy to 3 billion in assets and CFO of Darien Rowayton Bank. He began his career with Ernst Young and held various accountingfinance positions at PepsiCo, GE Capital and Bridgewater Associates. He has a proven track record in building, improving and overseeing all Finance areas, including Controllership, SOX, Treasury, FPA, as well as internal and external reporting functions since 2016.
Age 55
Tenure 9 years
Professional MarksMBA
Address 258 Elm Street, New Canaan, CT, United States, 06840
Phone203 652 0166
Webhttps://www.mybankwell.com
Ivanov holds MBA and Bachelor Degrees in Accounting and Finance from the University of South Florida and is a Certified Public Accountant. He is also Six Sigma Black Belt certified.

Bankwell Financial Management Efficiency

At this time, Bankwell Financial's Return On Equity is most likely to increase slightly in the upcoming years. At this time, Bankwell Financial's Earning Assets are most likely to increase significantly in the upcoming years. The Bankwell Financial's current Return On Tangible Assets is estimated to increase to 0, while Non Current Assets Total are projected to decrease to roughly 34.4 M. Bankwell Financial's management efficiency ratios could be used to measure how well Bankwell Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Bankwell Financial Group currently holds 159.45 M in liabilities with Debt to Equity (D/E) ratio of 9.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Bankwell Financial's use of debt, we should always consider it together with its cash and equity.

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Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut. Bankwell Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 132 people. Bankwell Financial Group (BWFG) is traded on NASDAQ Exchange in USA. It is located in 258 Elm Street, New Canaan, CT, United States, 06840 and employs 144 people. Bankwell Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Bankwell Financial Leadership Team

Elected by the shareholders, the Bankwell Financial's board of directors comprises two types of representatives: Bankwell Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bankwell. The board's role is to monitor Bankwell Financial's management team and ensure that shareholders' interests are well served. Bankwell Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bankwell Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Laura Waitz, Ex COO
Robert Palermo, VP Leader
Shawn Gelin, Senior Operations
Matthew McNeill, Executive Officer
Scott Messina, VP Officer
Robert Mallozzi, Senior Officer
Penko Ivanov, CFO, Executive Vice President
Ryan Hildebrand, Executive Officer
Angelo CPA, Principal Officer
Todd Lampert, Independent Secretary
Daniel DiGirolamo, Senior Credit
Courtney Sacchetti, Executive CFO
Blake Drexler, Interim Executive Chairman, Interim CEO, Director of Bankwell Bank, Chairman of Asset Liability Committee, Chairman of Investment Committee, Chairman of Strategic Planning Committee, Member of Audit/Technology Committee, Member of Governance Nominating Committee and Member of Compensation Committee
Christopher Gruseke, CEO and President Director, CEO of Bankwell Bank and Director of Bankwell Bank
Steven Brunner, Chief VP
Michael Johnston, Senior Lending
Christine Chivily, Executive Officer

Bankwell Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bankwell Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Bankwell Financial is a strong investment it is important to analyze Bankwell Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bankwell Financial's future performance. For an informed investment choice regarding Bankwell Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bankwell Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bankwell Financial. If investors know Bankwell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bankwell Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
0.8
Earnings Share
1.26
Revenue Per Share
8.35
Quarterly Revenue Growth
(0.31)
The market value of Bankwell Financial is measured differently than its book value, which is the value of Bankwell that is recorded on the company's balance sheet. Investors also form their own opinion of Bankwell Financial's value that differs from its market value or its book value, called intrinsic value, which is Bankwell Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bankwell Financial's market value can be influenced by many factors that don't directly affect Bankwell Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bankwell Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bankwell Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bankwell Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.