- Bankwell Financial (BWFG +4%) is on sale, says SA Pro author Unconventional Capital Wisdom, as a splashy article detailing some personal financial issues for its CEO Peyton Patterson has knocked the stock price down to just 1x tangible book value.
- In the meantime, the community banking environment in Connecticut remains ripe for consolidation and Patterson's track record in this area in an excellent one.
- The article is embargoed until tomorrow morning.
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