Bridgewater Bancshares (BWB)
Twin Cities commercial bank built on relationship-driven multifamily and real-estate lending.
$20.83
After-hours close−0.02 (−0.10%)
At close$20.85(−0.33%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 58 | 60 | 62 | 64 | 65 | 67 | 72 | 75 | 76 | 79 | 24 |
| Cost of revenue | 31 | 33 | 35 | 36 | 37 | 39 | 37 | 39 | 41 | 38 | 35 | 35 |
| Gross profit | 27 | 25 | 25 | 26 | 27 | 27 | 30 | 34 | 35 | 39 | 45 | −10 |
| 15 | 13 | 15 | 15 | 15 | 16 | 18 | 19 | 20 | 20 | 22 | 12 | |
| 11 | 14 | 11 | 11 | 11 | 12 | 12 | 13 | 14 | 13 | 15 | 12 | |
| Selling & marketing | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| General & administrative | 11 | 13 | 10 | 10 | 11 | 11 | 12 | 12 | 13 | 12 | 14 | 12 |
| Other expenses | 4 | −1 | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 0 |
| Operating income | 13 | 12 | 10 | 11 | 11 | 11 | 13 | 15 | 15 | 19 | 23 | −23 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 41 | |
| Interest income | 57 | 59 | 59 | 61 | 63 | 63 | 66 | 69 | 74 | 73 | 70 | −70 |
| Interest expense | 31 | 33 | 34 | 36 | 37 | 36 | 36 | 37 | 40 | 38 | 33 | 34 |
| Income before tax | 13 | 12 | 10 | 11 | 11 | 11 | 13 | 15 | 15 | 17 | 23 | 18 |
| Income tax expense | 3 | 3 | 2 | 3 | 3 | 2 | 3 | 4 | 3 | 4 | 5 | 4 |
| Net income from continuing operations | 10 | 9 | 8 | 8 | 9 | 8 | 10 | 12 | 12 | 13 | 17 | 14 |
| Net income | 10 | 9 | 8 | 8 | 9 | 8 | 10 | 12 | 12 | 13 | 17 | 14 |
| EPS, basic | $0.31 | $0.28 | $0.25 | $0.26 | $0.28 | $0.26 | $0.31 | $0.38 | $0.39 | $0.45 | $0.59 | $0.47 |
| EPS, diluted | $0.30 | $0.28 | $0.24 | $0.26 | $0.27 | $0.26 | $0.31 | $0.38 | $0.38 | $0.43 | $0.58 | $0.45 |
| Weighted average shares, basic | 28 | 28 | 28 | 27 | 27 | 27 | 28 | 28 | 28 | 27 | 28 | 28 |
| Weighted average shares, diluted | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 29 | 28 | 28 |
| EBITDA | 13 | 12 | 11 | 11 | 12 | 12 | 14 | 16 | 16 | 19 | 24 | −24 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | −1 |
| EBIT | 13 | 12 | 10 | 11 | 11 | 11 | 13 | 15 | 15 | 19 | 23 | −23 |