Bridgewater Bancshares, Inc. (BWB)

Bridgewater Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	107.39	111.84	128.33	109.67	81.05	75.26
Revenue Growth (YoY)	-16.20%	-12.85%	17.02%	35.30%	7.70%	18.13%
Gross Profit	107.39	111.84	128.33	109.67	81.05	75.26
Selling, General & Admin	48.86	46.77	47.42	40.03	28.83	25.16
Other Operating Expenses	11.47	12.55	9.2	7.48	16.56	11.77
Operating Expenses	60.33	59.32	56.62	47.51	45.39	36.93
Operating Income	47.06	52.52	71.71	62.16	35.67	38.33
Other Expense / Income	-	-	-	0.58	-	-
Pretax Income	47.06	52.52	71.71	61.57	35.67	38.33
Income Tax	10.91	12.56	18.32	15.89	8.47	6.92
Net Income	36.15	39.96	53.39	45.69	27.19	31.4
Preferred Dividends	4.05	4.05	4.05	1.17	0	0
Net Income Common	32.1	35.91	49.34	44.52	27.19	31.4
Net Income Growth	-34.12%	-27.22%	10.83%	63.70%	-13.40%	16.65%
Shares Outstanding (Basic)	28	28	28	28	28	29
Shares Change	-0.17%	1.48%	-1.70%	-0.76%	-1.74%	-4.27%
EPS (Basic)	1.16	1.29	1.78	1.59	0.95	1.07
EPS (Diluted)	1.13	1.27	1.72	1.54	0.93	1.05
EPS Growth	-33.53%	-26.16%	11.69%	65.59%	-11.43%	15.38%
Free Cash Flow	26.43	27.05	83.37	53.46	-1.67	23.96
Free Cash Flow Per Share	0.95	0.97	3.02	1.91	-0.06	0.83
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	43.82%	46.96%	55.88%	56.68%	44.00%	50.93%
Profit Margin	29.89%	32.10%	38.45%	40.59%	33.55%	41.73%
Free Cash Flow Margin	24.61%	24.18%	64.96%	48.75%	-2.06%	31.83%
Effective Tax Rate	23.19%	23.92%	25.54%	25.80%	23.75%	18.06%
EBITDA	50.06	55.57	74.77	63.94	36.87	39.33
EBITDA Margin	46.62%	49.68%	58.27%	58.31%	45.49%	52.27%
Depreciation & Amortization	3	3.04	3.06	2.37	1.21	1.01
EBIT	47.06	52.52	71.71	61.57	35.67	38.33
EBIT Margin	43.82%	46.96%	55.88%	56.14%	44.00%	50.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).