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This Tiny Bank Stock Is Worth Watching

TheMotleyFool

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This Tiny Bank Stock Is Worth WatchingPhoto, wide shot, wide-angle lens, Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png

The likelihood of Bankwell Financial Group (NASDAQ: BWFG) getting acquired just got a whole lot better. Although this small financial institution probably isn't on your radar, acquisitions can result in a nice bump to the stock price, presenting a hidden opportunity.

The Connecticut bank, which has $1.9 billion in assets and 13 branches, recently agreed to add the activist investor Lawrence Seidman to its board of directors, according to a filing with the SEC.

Seidman will join the board at the bank's 2020 annual meeting, but will act as a non-voting observer until that meeting takes place. Seidman first took a 5% stake in the bank at the end of 2018, but has increased his position to almost 9%.

Source Fool.com

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