Bridgewater Bancshares (BWB) Financials: History & Chart

Bridgewater Bancshares, Inc.(BWB)

Banks - Regional · Saint Louis Park, MN

$20.41-0.02 (-0.10%)

Delayed quote: Oct 6, 2026, 3:40 PM EDT

About Bridgewater Bancshares, Inc.

Bridgewater Bancshares, Inc. functions as the holding company for Bridgewater Bank, which delivers a comprehensive array of banking products and services. Its core clientele includes commercial real estate investors, small business entrepreneurs, and high-net-worth individuals primarily located across the United States. The institution offers a diverse range of deposit accounts, such as savings accounts, money market accounts, demand deposits, and both time and brokered deposits. It also provides interest-bearing and non-interest-bearing transaction accounts, in addition to certificates of deposit (CDs). On the lending side, Bridgewater Bank extends commercial loans to various business structures, including sole proprietorships, partnerships, and corporations. These funds are designed to finance working capital needs like accounts receivable or inventory, support capital asset acquisition, or cover other business-related expenditures. The bank's specialized loan offerings further encompass Paycheck Protection Program (PPP) loans, construction and land development financing, mortgages for 1-4 family residences, multifamily property lending, and both owner-occupied and non-owner-occupied commercial real estate loans. Consumer and other miscellaneous loan products are also available. Customers can conveniently access banking services through online and mobile platforms, as well as direct banking channels. Established in 2005, the company's headquarters are situated in Saint Louis Park, Minnesota. It operates a network of seven full-service branches throughout Minnesota, specifically in Bloomington, Greenwood, Minneapolis, Orono, St. Louis Park, and St. Paul.

Saint Louis Park, MN

355 employees

www.bridgewaterbankmn.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Jerry J. Baack

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	255.29M	24.09M	79.36M	76.46M	75.39M	72.45M	67.34M	65.43M	64.17M
Cost of Goods Sold	147.30M	34.52M	34.52M	37.62M	40.64M	38.75M	37.00M	38.53M	37.43M
Gross Profit	107.99M	-10.43M	44.84M	38.84M	34.74M	33.71M	30.34M	26.90M	26.74M
Gross Profit Margin	42.3%	-43.3%	56.5%	50.8%	46.1%	46.5%	45.1%	41.1%	41.7%
Total Operating Expenses	74.30M	12.41M	22.00M	20.24M	19.65M	18.57M	17.68M	16.39M	15.38M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	54.27M	12.41M	15.05M	13.15M	13.66M	12.55M	12.15M	11.69M	10.97M
Operating Income (EBIT)	33.69M	-22.84M	22.84M	18.60M	15.10M	15.14M	12.65M	10.51M	11.36M
Operating Margin	13.2%	-94.8%	28.8%	24.3%	20.0%	20.9%	18.8%	16.1%	17.7%
Income Before Tax (EBT)	73.53M	18.45M	22.84M	17.15M	15.10M	15.14M	12.65M	10.51M	11.36M
Interest Income	146.94M	-69.97M	69.97M	73.31M	73.63M	69.20M	65.71M	63.32M	63.03M
Interest Expense	144.57M	34.09M	33.32M	37.62M	39.54M	36.75M	35.50M	36.36M	37.43M
Other Income/Expense	39.84M	41.29M	0.00	-1.45M	0.00	0.00	0.00	0.00	0.00
Net Income	56.35M	14.01M	17.41M	13.33M	11.60M	11.52M	9.63M	8.20M	8.68M
Income Tax Expense	17.18M	4.44M	5.43M	3.81M	3.50M	3.62M	3.02M	2.31M	2.69M
Net Profit Margin	22.1%	58.1%	21.9%	17.4%	15.4%	15.9%	14.3%	12.5%	13.5%
EBITDA	N/A	N/A	23.82M	18.83M	16.09M	15.71M	14.08M	11.61M	11.96M
EBITDA Margin	N/A	N/A	30.0%	24.6%	21.3%	21.7%	20.9%	17.7%	18.6%
Depreciation & Amortization	1.23M	-984K	984K	231K	994K	571K	1.43M	1.09M	598K
EPS Basic	1.90	0.47	0.59	0.45	0.39	0.38	0.31	0.26	0.28
EPS Diluted	1.84	0.45	0.58	0.43	0.38	0.38	0.31	0.26	0.27
Weighted Average Basic Shares	27.80M	27.80M	27.80M	27.38M	27.57M	27.57M	27.57M	27.46M	27.38M
Weighted Average Diluted Shares	28.49M	28.49M	28.49M	28.65M	28.04M	28.04M	28.04M	28.06M	27.91M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	291.63M	251.44M	226.95M	169.34M	134.19M	120.67M	107.60M	87.77M
Cost of Goods Sold	154.01M	147.23M	117.01M	41.70M	24.52M	39.61M	32.35M	24.06M
Gross Profit	137.62M	104.22M	109.94M	127.64M	109.67M	81.05M	75.26M	63.71M
Gross Profit Margin	47.2%	41.4%	48.4%	75.4%	81.7%	67.2%	69.9%	72.6%
Total Operating Expenses	76.14M	61.48M	57.42M	55.93M	48.09M	45.39M	36.93M	31.56M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	51.51M	44.01M	41.36M	40.34M	33.68M	27.14M	25.96M	22.28M
Operating Income (EBIT)	61.48M	42.74M	52.52M	71.71M	61.57M	35.67M	38.33M	32.14M
Operating Margin	21.1%	17.0%	23.1%	42.3%	45.9%	29.6%	35.6%	36.6%
Income Before Tax (EBT)	60.03M	42.74M	52.52M	71.71M	61.57M	35.67M	38.33M	32.14M
Interest Income	281.85M	245.90M	222.35M	163.69M	128.88M	114.83M	103.78M	85.23M
Interest Expense	149.41M	143.71M	117.18M	34.00M	19.37M	26.86M	29.65M	20.49M
Other Income/Expense	-1.45M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	46.09M	32.83M	39.96M	53.39M	45.69M	27.19M	31.40M	26.92M
Income Tax Expense	13.94M	9.91M	12.56M	18.32M	15.89M	8.47M	6.92M	5.22M
Net Profit Margin	15.8%	13.1%	17.6%	31.5%	34.0%	22.5%	29.2%	30.7%
EBITDA	64.70M	45.74M	55.66M	74.96M	64.13M	37.06M	39.52M	33.10M
EBITDA Margin	22.2%	18.2%	24.5%	44.3%	47.8%	30.7%	36.7%	37.7%
Depreciation & Amortization	3.22M	3.00M	3.14M	3.25M	2.56M	1.40M	1.20M	952K
EPS Basic	1.53	1.05	1.29	1.78	1.59	0.95	1.07	0.93
EPS Diluted	1.50	1.03	1.27	1.72	1.54	0.93	1.05	0.91
Weighted Average Basic Shares	27.38M	27.48M	27.83M	27.76M	28.03M	28.58M	29.36M	29.00M
Weighted Average Diluted Shares	28.65M	27.94M	28.32M	28.67M	28.97M	29.17M	30.00M	29.44M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.