Bridgewater Bancshares, Inc. (BWB)

NASDAQ: BWB · Real-Time Price · USD
14.84
+0.03 (0.20%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.20%
Market Cap 407.00M
Revenue (ttm) 105.68M
Net Income (ttm) 29.44M
Shares Out 27.43M
EPS (ttm) 1.05
PE Ratio 14.13
Forward PE 12.65
Dividend n/a
Ex-Dividend Date n/a
Volume 35,190
Open 14.85
Previous Close 14.81
Day's Range 14.70 - 14.85
52-Week Range 10.18 - 16.00
Beta 0.67
Analysts Strong Buy
Price Target 17.00 (+14.56%)
Earnings Date Oct 23, 2024

About BWB

Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. It offers commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance wo... [Read more]

Sector Financials
IPO Date Mar 14, 2018
Employees 255
Stock Exchange NASDAQ
Ticker Symbol BWB
Full Company Profile

Financial Performance

In 2023, Bridgewater Bancshares's revenue was $111.84 million, a decrease of -12.57% compared to the previous year's $127.92 million. Earnings were $35.91 million, a decrease of -27.22%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BWB stock is "Strong Buy." The 12-month stock price forecast is $17.0, which is an increase of 14.56% from the latest price.

Price Target
$17.0
(14.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bridgewater Bancshares, Inc. (BWB) Q3 2024 Earnings Call Transcript

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President, Investor Relations Jerry Baack - Chairman...

27 days ago - Seeking Alpha

Bridgewater Bancshares, Inc. Announces Third Quarter 2024 Net Income of $8.7 Million, $0.27 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $8.7 million for the ...

4 weeks ago - Business Wire

Bridgewater Bancshares, Inc. Receives Regulatory Approvals for First Minnetonka City Bank Acquisition

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the receipt o...

4 weeks ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Third Quarter 2024 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2024 financial result...

6 weeks ago - Business Wire

Bridgewater Bancshares, Inc. Announces Strategic Acquisition of First Minnetonka City Bank

ST. LOUIS PARK, Minn. & MINNETONKA, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced...

3 months ago - Business Wire

Bridgewater Bancshares, Inc. (BWB) Q2 2024 Earnings Call Transcript

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President of Investor Relations Jerry Baack - President...

4 months ago - Seeking Alpha

Bridgewater Bancshares, Inc. Announces Second Quarter 2024 Net Income of $8.1 Million, $0.26 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $8.1 million for the ...

4 months ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Second Quarter 2024 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2024 financial resul...

4 months ago - Business Wire

Bridgewater Bancshares: 8.2% Yielding Preferred Share Is Good Income Investment

Bridgewater Bancshares is a regional bank in Minnesota, dealing with the industry pressures of higher interest rates and lower deposits. Despite challenges with interest rate spreads, the bank has sta...

5 months ago - Seeking Alpha

Bridgewater's new CEO says hedge fund must be ‘rewired' following Ray Dalio's exit

Bridgewater Associates' new CEO has said the hedge fund must be completely “rewired” in order to boost its performance and find its “independence” in the wake of Ray Dalio's exit in October 2022.

7 months ago - Market Watch

Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowsk...

7 months ago - Business Wire

Bridgewater Bancshares, Inc. Announces First Quarter 2024 Net Income of $7.8 Million, $0.24 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $7.8 million for the ...

7 months ago - Business Wire

Bridgewater Bancshares, Inc. to Announce First Quarter 2024 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2024 financial result...

8 months ago - Business Wire

Bridgewater Bancshares: 8% Yielding Preferred Share Good For Income Investors

Bridgewater Bancshares has faced challenges due to higher interest rates, resulting in a squeeze in net interest spreads and margins. Despite a drop in net interest margin, the bank's net interest inc...

9 months ago - Seeking Alpha

Bridgewater Bancshares, Inc. (BWB) Q4 2023 Earnings Call Transcript

Bridgewater Bancshares, Inc. (BWB) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Bridgewater Bancshares, Inc. Announces Fourth Quarter 2023 Net Income of $8.9 Million, $0.28 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $8.9 million for the ...

10 months ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Fourth Quarter 2023 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2023 financial resul...

11 months ago - Business Wire

Bridgewater Bancshares: Expect The Move Higher To Continue

Bridgewater Bancshares, Inc. has shown growth in deposits and a decrease in uninsured deposits, indicating positive financial performance. The company's loan portfolio has slightly decreased, but it i...

1 year ago - Seeking Alpha

Bridgewater Bancshares, Inc. (BWB) Q3 2023 Earnings Call Transcript

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Justin Horstman - Director of Investor Relations Jerry Baack - Chairman, Pr...

1 year ago - Seeking Alpha

Bridgewater Bancshares, Inc. Announces Third Quarter 2023 Net Income of $9.6 Million, $0.30 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $9.6 million for the ...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Third Quarter 2023 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2023 financial result...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. Named to Piper Sandler Sm-All Stars Class of 2023

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced its inclusion in the Piper Sandler Sm-All Stars Class of 202...

1 year ago - Business Wire

Bridgewater Bancshares Offers Compelling 8.8% Yielding Preferred Share

Bridgewater Bancshares' 5.875% dividend preferred shares are trading below their March levels, offering an attractive 8.8% dividend yield. The bank's net interest income has been declining due to high...

1 year ago - Seeking Alpha

Bridgewater Bancshares: An Excellent Prospect In The Banking Sector

Bridgewater Bancshares is a strong buy candidate despite weakness in revenue and earnings, with robust deposits and cheap shares. The company has a growing loan portfolio, with a focus on commercial a...

1 year ago - Seeking Alpha

KBRA Releases Surveillance Report for Bridgewater Bancshares, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 10, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred shares rating of BB+, and the short-te...

1 year ago - Business Wire