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	Jun '26 Jun 30, 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
Interest Income on Loans	247.35	233.19	204.73	191.4	146.26	118.85
Interest Income on Investments	42.21	48.66	41.17	30.95	17.44	10.03
Total Interest Income	289.56	281.85	245.9	222.36	163.7	128.88
Interest Paid on Deposits	125.32	131.42	128.81	96.05	23.38	13.84
Interest Paid on Borrowings	19.25	17.99	14.9	21.14	10.62	5.53
Total Interest Expense	144.57	149.41	143.71	117.18	34	19.37
Net Interest Income	144.99	132.44	102.19	105.17	129.7	109.51
Net Interest Income Growth	25.83%	29.60%	-2.83%	-18.91%	18.44%	24.49%
Gain (Loss) on Sale of Investments	7.39	0.61	0.39	-0.03	-0.33	0.19
Other Non-Interest Income	9.71	10.3	6.92	6.53	6.25	4.56
Total Non-Interest Income	17.1	10.92	7.37	6.49	5.92	4.75
Non-Interest Income Growth	75.16%	48.14%	13.48%	9.61%	24.80%	-6.94%
Revenues Before Loan Losses	162.09	143.35	109.56	111.67	135.62	114.26
Provision for Loan Losses	4.3	6.05	3.53	-0.18	7.7	5.15
Revenue	157.79	137.3	106.04	111.84	127.92	109.11
Revenue Growth	32.25%	29.49%	-5.19%	-12.57%	17.25%	35.85%
Salaries and Employee Benefits	47.49	43.2	35.66	32.58	33.6	28.46
Occupancy Expenses	4.31	4.08	3.54	3.63	3.6	3.86
Federal Deposit Insurance	2.92	2.75	2.96	3.69	1.37	1.31
Amortization of Goodwill & Intangibles	0.91	0.92	0.08	0.1	0.19	0.19
Selling, General & Administrative	20.19	18.38	15.15	13.45	12.72	9.87
Other Non-Interest Expense	7.46	7.95	5.91	5.87	4.74	3.26
Total Non-Interest Expense	83.28	77.27	63.3	59.32	56.21	46.95
EBT Excluding Unusual Items	74.51	60.03	42.74	52.52	71.71	62.16
Other Unusual Items	-0.98	-	-	-	-	-0.58
Pretax Income	73.53	60.03	42.74	52.52	71.71	61.57
Income Tax Expense	17.18	13.94	9.91	12.56	18.32	15.89
Net Income	56.35	46.09	32.83	39.96	53.39	45.69
Preferred Dividends & Other Adjustments	4.05	4.05	4.05	4.05	4.05	1.17
Net Income to Common	52.29	42.03	28.77	35.91	49.34	44.52
Net Income Growth	53.91%	46.10%	-19.87%	-27.22%	10.83%	63.70%
Basic Shares Outstanding	28	28	27	28	28	28
Diluted Shares Outstanding	28	28	28	28	29	29
Shares Change	1.57%	0.81%	-1.31%	-1.23%	-1.04%	-0.69%
EPS (Basic)	1.89	1.53	1.05	1.29	1.78	1.59
EPS (Diluted)	1.84	1.49	1.03	1.27	1.72	1.54
EPS Growth	52.07%	44.66%	-18.90%	-26.16%	11.69%	65.59%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Effective Tax Rate	23.37%	23.23%	23.19%	23.92%	25.54%	25.80%

SEC Filings: 10-K · 10-Q