8-K Announcements
6Material company update
May 4, 2026·SEC
Material company update
Apr 21, 2026·SEC
Material company update
Feb 27, 2026·SEC
Bridgewater Bancshares, Inc.(BWB)Earnings, Financials & Key Ratios
BWB•NASDAQ•Banking & Credit
$21.21
14.1× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial real estate and multifamily lenders
AboutBridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. It also provides commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or other business-related purposes; paycheck protection program loans; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans. In addition, the company online, mobile, and direct banking services. It operates through seven full-service offices located in Bloomington, Greenwood, Minneapolis, St. Louis Park, Orono, and St. Paul, Minnesota. The company was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.Show more
- Net Interest Income$132M+29.6%
- Total Revenue$292M+16.0%
- Net Income$46M+40.4%
- Return on Equity9.45%+27.2%
- Net Interest Margin2.45%+21.4%
- Efficiency Ratio26.11%+6.8%
- ROA0.88%+29.8%
- Equity / Assets9.56%+5.8%
- Book Value per Share18.05+10.1%
BWB Price & Volume
Bridgewater Bancshares, Inc. (BWB) stock price & volume — 10-year historical chart
Loading chart...
Bridgewater Bancshares Navigates Margin Compression Amid Growth
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:CRE concentration and liquidity
Key Thesis Takeaways
- Bridgewater Bancshares demonstrates robust organic growth with net interest income expanding 21.3% year-over-year to $36.6 million as of 2026Q1, though persistent net interest margin stagnation between 0.5% and 0.7% warrants caution.
- While the bank maintains a lean operational structure with efficiency ratios consistently below 28%, the heavy concentration in investment securities totaling $4.8 billion suggests potential duration risk.
- Investors should monitor the bank's ability to manage credit provisioning volatility, which has fluctuated between zero and $2.2 million, against its concentrated commercial real estate exposure.
Verdict Logic
while the bank shows accelerating growth with an 87.1% EPS increase in 2026Q1, the stagnant 0.7% net interest margin and significant reliance on a $4.8 billion securities portfolio suggest limited near-term upside.
BWB Growth Metrics
Bridgewater Bancshares, Inc. (BWB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years19.3%
3 Years19.86%
TTM-
Profit CAGR
10 Years-
5 Years11.13%
3 Years-4.79%
TTM55.55%
EPS CAGR
10 Years-
5 Years10.03%
3 Years-4.46%
TTM60.91%
Return on Capital
10 Years9.31%
5 Years8.51%
3 Years5.79%
Last Year5.97%
BWB Recent Earnings
Bridgewater Bancshares, Inc. (BWB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Apr 21, 2026Metric
Actual
Est
EPS
$0.41-2.4%
$0.42
Rev
$39M-0.9%
$39M
Q1 2026
Jan 27, 2026Metric
Actual
Est
EPS
$0.44+4.8%
$0.42
Rev
$39M+1.8%
$38M
Q4 2025
Oct 21, 2025Metric
Actual
Est
EPS
$0.39-4.9%
$0.41
Rev
$36M-0.2%
$36M
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.37+5.7%
$0.35
Rev
$36M+4.4%
$34M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 21, 2026 | $0.41vs $0.42-2.4% | $39Mvs $39M-0.9% |
| Q1 2026 | Jan 27, 2026 | $0.44vs $0.42+4.8% | $39Mvs $38M+1.8% |
| Q4 2025 | Oct 21, 2025 | $0.39vs $0.41-4.9% | $36Mvs $36M-0.2% |
| Q3 2025 | Jul 23, 2025 | $0.37vs $0.35+5.7% | $36Mvs $34M+4.4% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Bridgewater Bancshares, Inc. (BWB)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $21.21 | $591.41M | 14.14 | 15.98% | 15.8% | 9.45% | 0.67% | |
| $54.96 | $1.77B | 14.81 | 1.78% | 23.87% | 9.86% | — | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $63.34 | $528.43M | 10.45 | 6.43% | 18.74% | 14.12% | — | |
| $17.75 | $114.71M | 11.38 | 12.08% | 18.32% | 9.28% | — | |
| $37.65 | $2.78B | 14.32 | -1.58% | 18.26% | 8.36% | — |
Compare BWB vs Peers
Bridgewater Bancshares, Inc. (BWB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BWB SEC Filings & Documents
Bridgewater Bancshares, Inc. (BWB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when BWB posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
BWB Frequently Asked Questions
Bridgewater Bancshares, Inc. (BWB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Bridgewater Bancshares, Inc. growing?
Bridgewater Bancshares, Inc. (BWB) grew revenue by 16.0% over the past year. This is strong growth.
Is BWB profitable?
Yes, Bridgewater Bancshares, Inc. (BWB) is profitable, generating $53.9M in net income for fiscal year 2025 (15.8% net margin).
Dividend & Returns
Does BWB pay dividends?
Yes, Bridgewater Bancshares, Inc. (BWB) pays a dividend with a yield of 0.67%. This makes it attractive for income-focused investors.
What is BWB's return on equity?
Bridgewater Bancshares, Inc. (BWB) has a return on equity (ROE) of 9.5%. This is below average, suggesting room for improvement.
Industry Metrics
What is Bridgewater Bancshares, Inc.'s net interest margin?
Bridgewater Bancshares, Inc. (BWB) has a net interest margin (NIM) of 2.4%. NIM has been under pressure due to interest rate environment.
What is Bridgewater Bancshares, Inc.'s efficiency ratio?
Bridgewater Bancshares, Inc. (BWB) has an efficiency ratio of 26.1%. This is excellent, indicating strong cost control.