Bridgewater Bancshares, Inc. (BWB)
| Market Cap | 379.30M |
| Revenue (ttm) | 105.68M |
| Net Income (ttm) | 29.44M |
| Shares Out | 27.43M |
| EPS (ttm) | 1.05 |
| PE Ratio | 13.17 |
| Forward PE | 11.82 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 174,499 |
| Open | 13.75 |
| Previous Close | 13.87 |
| Day's Range | 13.59 - 14.11 |
| 52-Week Range | 10.52 - 16.00 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 17.00 (+22.92%) |
| Earnings Date | Jan 22, 2025 |
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]
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 StatementsAnalyst 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 22.92% from the latest price.
News
Bridgewater Bancshares, Inc. Completes Acquisition of First Minnetonka City Bank
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, announced the completion of Bridgewater Bank's acquisition o...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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 ...
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...
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...
Bridgewater Bancshares, Inc. (BWB) Q4 2023 Earnings Call Transcript
Bridgewater Bancshares, Inc. (BWB) Q4 2023 Earnings Call Transcript
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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...