Bridgewater Bancshares, Inc. (BWB) Income Statement Analysis

See more : Oncotelic Therapeutics, Inc. (OTLC) Income Statement Analysis – Financial Results

Complete financial analysis of Bridgewater Bancshares, Inc. (BWB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bridgewater Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.

You may be interested

Itaú Corpbanca (ITCB) Income Statement Analysis – Financial Results
Zimmite Taiwan Ltd. (8435.TWO) Income Statement Analysis – Financial Results
Menon Bearings Limited (MENONBE.BO) Income Statement Analysis – Financial Results
Adit EdTech Acquisition Corp. R (ADEX-WT) Income Statement Analysis – Financial Results
Sino Prima Gas Technology Co., Ltd. (300483.SZ) Income Statement Analysis – Financial Results

Bridgewater Bancshares, Inc. (BWB)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.bridgewaterbankmn.com

About Bridgewater Bancshares, Inc.

Bridgewater 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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	111.84M	136.03M	114.82M	93.80M	77.96M	67.28M	56.71M	44.69M
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	111.84M	136.03M	114.82M	93.80M	77.96M	67.28M	56.71M	44.69M
Gross Profit Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	41.80M	38.31M	35.58M	28.76M	24.45M	20.94M	15.10M	12.09M
Selling & Marketing	1.13M	2.03M	1.49M	788.00K	1.51M	1.34M	983.00K	864.00K
SG&A	42.93M	40.34M	37.07M	29.55M	25.96M	22.28M	16.08M	12.09M
Other Expenses	0.00	-67.60M	-90.31M	-87.68M	-65.59M	-34.61M	-33.58M	-26.99M
Operating Expenses	49.66M	-27.26M	-53.25M	-58.14M	-39.63M	-14.65M	-17.50M	-14.90M
Cost & Expenses	49.66M	-27.26M	-53.25M	-58.14M	-39.63M	-14.65M	-17.50M	-14.90M
Interest Income	222.36M	163.70M	128.88M	114.83M	103.78M	85.23M	66.35M	50.63M
Interest Expense	117.18M	34.00M	19.37M	26.86M	29.65M	20.49M	12.17M	8.51M
Depreciation & Amortization	3.14M	2.76M	2.56M	1.40M	1.20M	952.00K	885.00K	690.00K
EBITDA	55.67M	74.96M	64.13M	37.06M	39.53M	33.10M	27.92M	21.96M
EBITDA Ratio	49.77%	80.10%	53.79%	38.23%	49.41%	79.64%	70.70%	68.19%
Operating Income	62.18M	108.77M	61.57M	35.67M	38.33M	52.63M	39.21M	29.78M
Operating Income Ratio	55.60%	79.96%	53.63%	38.02%	49.16%	78.23%	69.14%	66.65%
Total Other Income/Expenses	-9.66M	-6.29M	-5.34M	-15.04M	-7.04M	-5.96M	-6.35M	-5.40M
Income Before Tax	52.52M	71.71M	61.57M	35.67M	38.33M	32.14M	27.04M	21.27M
Income Before Tax Ratio	46.96%	52.72%	53.63%	38.02%	49.16%	47.78%	47.68%	47.59%
Income Tax Expense	12.56M	18.32M	15.89M	8.47M	6.92M	5.22M	10.15M	8.05M
Net Income	39.96M	53.39M	45.69M	27.19M	31.40M	26.92M	16.89M	13.22M
Net Income Ratio	35.73%	39.25%	39.79%	28.99%	40.28%	40.01%	29.78%	29.57%
EPS	1.29	1.78	1.59	0.95	1.07	0.93	0.58	0.44
EPS Diluted	1.27	1.72	1.54	0.93	1.05	0.91	0.58	0.44
Weighted Avg Shares Out	27.86M	27.76M	28.03M	28.58M	29.36M	29.00M	29.05M	30.06M
Weighted Avg Shares Out (Dil)	28.32M	28.67M	28.97M	29.17M	30.00M	29.44M	29.05M	30.06M

Billionaire Ray Dalio headlines as Greenwich Economic Forum goes digital

October 6, 2020newstimes.com

The Greenwich Economic Forum will be held in an all-digital format this year, as it returns for its third edition with a full lineup of speakers.

California Public Employees Retirement System Raises Position in Bridgewater Bancshares Inc (NASDAQ:BWB)

September 24, 2020thelincolnianonline.com

California Public Employees Retirement System lifted its position in Bridgewater Bancshares Inc (NASDAQ:BWB) by 119.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,916 shares of...

BaaS Is A Big Reason To Buy NIO (NYSE:NIO)

September 21, 2020seekingalpha.com

Nio's BaaS offering is an exciting new addition to the company's revenue segments and is great news for long-term investors.

Weekend reads: Ray Dalio on what business and political leaders must do to keep the U.S. from splintering

September 18, 2020marketwatch.com

Also, an interview with Schwab chief investment strategist Liz Ann Sonders. Plus, attractive locations for retirement living.

Bridgewater Bancshares (NASDAQ:BWB) Downgraded by Zacks Investment Research to “Sell”

September 18, 2020thelincolnianonline.com

Zacks Investment Research lowered shares of Bridgewater Bancshares (NASDAQ:BWB) from a hold rating to a sell rating in a report issued on Thursday morning, Zacks.com reports. According to Zacks, “Bridgewater Bancshares Inc. operates as a holding company for Bridgewater Bank...