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Carl Porto Biography and Net Worth

Director of Bankwell Financial Group

Carl Michael Porto Esq., J.D. is an Independent Director of the the Company. Mr. Porto is an attorney and former Managing Principal in the law firm of Parrett, Porto, Parese & Colwell, Professional Corporation, from 2012 to 2018, with offices in Hamden and Guilford. Mr. Porto was formerly on the boards of The Bank of New Haven and Citizens Bank of Connecticut and Citizens Bank of Rhode Island. He is a member of the Connecticut Bar Association and the New Haven County Bar Association. He received a B.A. from Boston University and a J.D. from the University of Connecticut School of Law. Mr. Porto's legal and business expertise, especially in the New Haven market area, are valuable to our Board of Directors.

What is Carl M. Porto's net worth?: The estimated net worth of Carl M. Porto is at least $394,857.30 as of December 12th, 2023. Mr. Porto owns 16,710 shares of Bankwell Financial Group stock worth more than $394,857 as of April 19th. This net worth estimate does not reflect any other assets that Mr. Porto may own. Learn More about Carl M. Porto's net worth.
How do I contact Carl M. Porto?: The corporate mailing address for Mr. Porto and other Bankwell Financial Group executives is 220 ELM STREET, NEW CANAAN CT, 06840. Bankwell Financial Group can also be reached via phone at (203) 652-0166 and via email at [email protected]. Learn More on Carl M. Porto's contact information.
Has Carl M. Porto been buying or selling shares of Bankwell Financial Group?: Carl M. Porto has not been actively trading shares of Bankwell Financial Group during the last ninety days. Most recently, on Tuesday, December 12th, Carl M. Porto bought 490 shares of Bankwell Financial Group stock. The stock was acquired at an average cost of $27.82 per share, with a total value of $13,631.80. Following the completion of the transaction, the director now directly owns 16,710 shares of the company's stock, valued at $464,872.20. Learn More on Carl M. Porto's trading history.
Who are Bankwell Financial Group's active insiders?: Bankwell Financial Group's insider roster includes Eric Dale (Director), Blake Drexler (Director), James Garnett, Jr. (Director), James. Garnett, Jr. (Director), Penko Ivanov (CFO), Daniel Jones (Director), Todd Lampert (Director), Matt McNeill (EVP), Carl Porto (Director), and Lawrence Seidman (Director). Learn More on Bankwell Financial Group's active insiders.
Are insiders buying or selling shares of Bankwell Financial Group?: During the last twelve months, Bankwell Financial Group insiders bought shares 13 times. They purchased a total of 5,419 shares worth more than $146,036.55. During the last twelve months, insiders at the bank sold shares 3 times. They sold a total of 6,264 shares worth more than $163,485.52. The most recent insider tranaction occured on March, 11th when Director Eric J Dale bought 32 shares worth more than $831.04. Insiders at Bankwell Financial Group own 25.8% of the company. Learn More about insider trades at Bankwell Financial Group.
Information on this page was last updated on 3/11/2024.

Carl M. Porto Insider Trading History at Bankwell Financial Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/12/2023	Buy	490	$27.82	$13,631.80	16,710
11/20/2023	Buy	87	$27.23	$2,369.01	16,220
8/3/2023	Buy	183	$27.52	$5,036.16	15,666
7/19/2022	Buy	143	$32.26	$4,613.18	13,377
6/29/2022	Buy	138	$31.03	$4,282.14	13,234
12/9/2021	Buy	87	$33.82	$2,942.34
11/2/2021	Buy	190	$30.25	$5,747.50
8/27/2021	Buy	62	$30.54	$1,893.48	7,608
3/22/2017	Buy	1,500	$31.50	$47,250.00	6,326
5/25/2016	Buy	6,326	$21.79	$137,843.54	6,326
2/1/2016	Buy	2,500	$19.50	$48,750.00

Carl M. Porto Buying and Selling Activity at Bankwell Financial Group

Bankwell Financial Group Company Overview

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans. It operates branches in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

Today's Range

Now: $23.63

$23.44

$23.75

50 Day Range

MA: $25.23

$23.19

$26.47

2 Week Range

Now: $23.63

$21.22

$30.83

Volume

11,810 shs

Average Volume

12,201 shs

Market Capitalization

$187.62 million

P/E Ratio

5.04

Dividend Yield

3.45%

Beta

0.78