BWB

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Bridgewater Bancshares, Inc.

Cyclical demand Regulated industry Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $20.42
52-Week Range: $16.06 – $22.62
Market Cap: $577.47M
P/E (TTM): 11.26
EPS (TTM): 1.84
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 1.20
PEG Ratio: 0.73
Return on Equity: 11.00%
Return on Assets: 1.05%
Gross Margin: 0.00%
Operating Margin: 47.76%
Profit Margin: 35.71%
Current Ratio: —
Debt/Equity: —
Total Debt: $443.78M
Free Cash Flow: —
Revenue Growth: 18.40%
Earnings Growth: 18.40%
Enterprise Value: $892.25M

BWB Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$135.34M	$109.77M	$107.74M	$141.98M
Selling, General & Admin	$40.34M	$41.36M	$44.01M	$52.28M
Pretax Income	$71.71M	$52.52M	$42.74M	$60.03M
Income Tax	$18.32M	$12.56M	$9.91M	$13.94M
Net Income	$53.39M	$39.96M	$32.83M	$46.09M
Diluted EPS	1.72	1.27	1.03	1.49
Diluted Shares	28.67M	28.27M	27.93M	28.21M

BWB Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$88.22M	$128.56M	$234.14M	$123.51M
Receivables	$13.48M	$16.70M	$62.00M	$62.34M
Total Assets	$4.35B	$4.61B	$5.07B	$5.41B
Long-Term Debt	$189.66M	$412.54M	$452.92M	$508.18M
Total Debt	$189.66M	$412.54M	$452.92M	$508.18M
Total Liabilities	$3.95B	$4.19B	$4.61B	$4.89B
Retained Earnings	$248.69M	$280.65M	$309.42M	$351.45M
Shareholders' Equity	$394.06M	$425.51M	$457.94M	$517.10M
Net Debt	$101.43M	$283.98M	$218.78M	$384.67M

BWB Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$85.00M	$30.02M	$46.38M	$27.81M
Capital Expenditure	-$1.63M	-$2.97M	-$4.08M	-$5.85M
Free Cash Flow	$83.37M	$27.05M	$42.30M	$21.96M
Depreciation & Amortisation	$3.25M	$3.14M	$3.00M	$3.95M
Stock-Based Compensation	$3.34M	$3.95M	$3.90M	$4.20M
Investing Cash Flow	-$938.24M	-$209.18M	-$95.24M	-$417.47M
Financing Cash Flow	$796.81M	$220.69M	$150.06M	$283.40M
Dividends Paid	-$4.05M	-$4.05M	-$4.05M	-$4.05M
Share Repurchases	-$11.51M	-$5.13M	-$5.90M	-$2.94M
Net Change in Cash	-$56.43M	$41.52M	$101.20M	-$106.25M

BWB Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$35.71M	$35.84M	$38.60M	$46.04M	$40.68M
Selling, General & Admin	$12.55M	$13.66M	$13.92M	$15.05M	$15.12M
Pretax Income	$15.14M	$15.10M	$17.15M	$22.84M	$18.45M
Income Tax	$3.62M	$3.50M	$3.81M	$5.43M	$4.44M
Net Income	$11.52M	$11.60M	$13.33M	$17.41M	$14.01M
Diluted EPS	0.38	0.38	0.43	0.58	0.45
Diluted Shares	28.00M	28.19M	28.35M	28.49M	28.59M

BWB Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$221.39M	$135.48M	$123.51M	$222.15M	$169.81M
Receivables	$62.53M	$62.43M	$62.34M	$57.63M	$58.75M
Total Assets	$5.30B	$5.36B	$5.41B	$5.34B	$5.39B
Long-Term Debt	$192.69M	$192.59M	$508.18M	$444.78M	$142.88M
Total Debt	$526.94M	$513.09M	$508.18M	$444.78M	$434.88M
Total Liabilities	$4.82B	$4.86B	$4.89B	$4.81B	$4.84B
Retained Earnings	$328.55M	$339.13M	$351.45M	$367.85M	$380.84M
Shareholders' Equity	$476.28M	$497.46M	$517.10M	$528.42M	$547.91M
Net Debt	$305.55M	$377.61M	$384.67M	$222.63M	$265.08M

BWB Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$3.57M	$10.14M	$6.98M	$15.99M	$9.96M
Capital Expenditure	-$1.17M	-$1.60M	-$2.54M	-$1.83M	-$638.00K
Free Cash Flow	$2.40M	$8.54M	$4.43M	$14.17M	$9.32M
Depreciation & Amortisation	$571.00K	$994.00K	$957.00K	$984.00K	$1.06M
Stock-Based Compensation	$1.05M	$1.08M	$1.08M	$1.27M	$1.16M
Investing Cash Flow	-$108.02M	-$137.79M	-$36.88M	$162.01M	-$92.13M
Financing Cash Flow	$155.74M	$41.97M	$21.59M	-$79.36M	$29.83M
Dividends Paid	-$1.01M	-$1.01M	-$1.01M	-$1.01M	-$1.01M
Share Repurchases	-$1.57M	-$33.00K	-$585.00K	-$318.00K	-$700.00K
Net Change in Cash	$51.29M	-$85.68M	-$8.31M	$98.64M	-$52.35M

Market Snapshot

About

Bridgewater Bancshares, Inc. is a bank holding company headquartered in Minneapolis, Minnesota, that operates through its wholly-owned subsidiary, Bridgewater Bank. The company provides commercial banking products and services to small and medium-sized businesses, professional service firms, and their owners in the Twin Cities metropolitan area and surrounding communities. Bridgewater offers a full suite of commercial lending products including commercial real estate loans, construction and land development loans, commercial and industrial loans, and business lines of credit. On the deposit side, the bank provides checking accounts, savings accounts, money market accounts, and certificates of deposit. The company emphasizes relationship banking with experienced bankers who understand local markets and can make quick lending decisions. Bridgewater focuses on delivering personalized service and competitive financial solutions while maintaining strong credit quality and risk management practices to support sustainable growth.