Bridgewater Bancshares, Inc. (BWB)

NASDAQ: BWB · IEX Real-Time Price · USD
13.28
-0.26 (-1.92%)
Jul 19, 2024, 4:30 PM EDT - Market closed
-1.92%
Market Cap 363.53M
Revenue (ttm) 107.39M
Net Income (ttm) 32.10M
Shares Out 27.37M
EPS (ttm) 1.13
PE Ratio 11.75
Forward PE 12.73
Dividend n/a
Ex-Dividend Date n/a
Volume 29,061
Open 13.54
Previous Close 13.54
Day's Range 13.25 - 13.72
52-Week Range 8.00 - 14.43
Beta 0.69
Analysts Strong Buy
Price Target 15.00 (+12.95%)
Earnings Date Jul 24, 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, BWB's revenue was $111.84 million, a decrease of -12.85% compared to the previous year's $128.33 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 $15.0, which is an increase of 12.95% from the latest price.

Price Target
$15.0
(12.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

12 days ago - Business Wire

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.

2 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...

3 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 ...

3 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...

3 months ago - Business Wire

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 ...

6 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...

6 months ago - Business Wire

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 ...

9 months 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...

10 months 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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

Bridgewater Bancshares, Inc. Announces Second Quarter 2023 Net Income of $9.8 Million, $0.31 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 $9.8 million for the ...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Second 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 second quarter 2023 financial resul...

1 year ago - Business Wire

Bridgewater Bank Enhances Minneapolis Presence with New Downtown Branch

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, and a subsidiary of Bridgewater Ba...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. Announces First Quarter 2023 Net Income of $11.6 Million, $0.37 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 $11.6 million for the...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. to Announce First 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 first quarter 2023 financial result...

1 year ago - Business Wire

Bridgewater Bank Receives Esteemed ‘Outstanding' FDIC Rating for Community Reinvestment Act Performance

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bank, a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), today announced that it has once again received the highest possible rating, ‘Outs...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. Named a Top Community Bank by S&P Global Market Intelligence

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, was ranked 14th in S&P Global Market Intelligence's annual ranking of the be...

1 year ago - Business Wire

Bridgewater Corporate Center earns ENERGY STAR certification, outperforming similar U.S. buildings on measure of energy efficiency

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Ban...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. Announces Fourth Quarter 2022 Net Income of $13.7 Million, $0.45 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 $13.7 million for t...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. to Announce Fourth Quarter 2022 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 2022 financial res...

1 year ago - Business Wire

Bridgewater Bancshares, Inc. Named to Piper Sandler Sm-All Stars Class of 2022

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, Inc. Announces New Stock Repurchase Program

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that its Board of Directors approved a new stock repurchase ...

2 years ago - Business Wire

Bridgewater Bancshares, Inc. Announces Second Quarter 2022 Net Income of $12.9 Million, $0.41 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 $12.9 million for the...

2 years ago - Business Wire