Bridgewater Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	138.88	132.44	102.19	105.17	129.7	109.51
Net Interest Income Growth	28.86%	29.60%	-2.83%	-18.91%	18.44%	24.49%
Non-Interest Income	18.4	10.92	7.37	6.49	6.33	5.31
Non-Interest Income Growth	123.79%	48.14%	13.48%	2.54%	19.27%	-9.08%
Revenues Before Loan Losses	157.28	143.35	109.56	111.67	136.03	114.82
Provision for Credit Losses	5.75	6.05	3.53	-0.18	7.7	5.15
Revenue	151.53	137.3	106.04	111.84	128.33	109.67
Revenue Growth (YoY)	35.63%	29.49%	-5.19%	-12.85%	17.02%	35.30%
Compensation Expenses	49.52	47.4	39.56	36.54	36.94	30.89
Selling, General & Admin	23.3	22.38	19.57	18.71	15.03	12.62
Other Non-Interest Expenses	8.48	7.5	4.17	4.07	4.65	4.59
Total Non-Interest Expense	81.31	77.27	63.3	59.32	56.62	48.1
Pretax Income	70.22	60.03	42.74	52.52	71.71	61.57
Provision for Income Taxes	16.36	13.94	9.91	12.56	18.32	15.89
Net Income	49.81	42.03	28.77	35.91	49.34	44.52
Net Income Attributable to Preferred Dividends	4.05	4.05	4.05	4.05	4.05	1.17
Net Income to Common	49.81	42.03	28.77	35.91	49.34	44.52
Net Income Growth	62.91%	46.10%	-19.87%	-27.22%	10.83%	63.70%
Shares Outstanding (Basic)	28	28	27	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	29	29
Shares Change (YoY)	1.48%	0.81%	-1.31%	-1.23%	-1.04%	-0.69%
EPS (Basic)	1.80	1.53	1.05	1.29	1.78	1.59
EPS (Diluted)	1.77	1.49	1.03	1.27	1.72	1.54
EPS Growth	60.91%	44.66%	-18.90%	-26.16%	11.69%	65.59%
Shares Outstanding	27.83	27.76	27.55	27.75	27.59	28.07
Free Cash Flow	29.21	21.97	42.3	27.05	83.37	53.46
Free Cash Flow Growth	32.96%	-48.07%	56.39%	-67.56%	55.94%	-
Free Cash Flow Per Share	1.03	0.78	1.51	0.96	2.91	1.85
Profit Margin	35.55%	33.57%	30.96%	35.73%	41.61%	41.66%
FCF Margin	19.27%	16.00%	39.89%	24.18%	64.96%	48.75%
EBITDA	3.51	3.95	3.01	3.14	3.25	2.56
EBITDA Margin	2.31%	2.87%	2.83%	2.81%	2.53%	2.33%
Effective Tax Rate	23.30%	23.23%	23.19%	23.92%	25.54%	25.80%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q