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Bridgewater Bancshares (BWB) Financials

Bridgewater Bancshares logo
$14.40 +0.58 (+4.20%)
Closing price 04/25/2025 04:00 PM Eastern
Extended Trading
$14.39 -0.01 (-0.07%)
As of 04/25/2025 05:53 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Bridgewater Bancshares

Annual Income Statements for Bridgewater Bancshares

This table shows Bridgewater Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
49 36 29
Consolidated Net Income / (Loss)
53 40 33
Net Income / (Loss) Continuing Operations
53 40 33
Total Pre-Tax Income
72 53 43
Total Revenue
136 112 110
Net Interest Income / (Expense)
130 105 102
Total Interest Income
164 222 246
Loans and Leases Interest Income
146 191 205
Investment Securities Interest Income
16 26 34
Other Interest Income
1.03 4.71 7.24
Total Interest Expense
34 117 144
Deposits Interest Expense
23 96 129
Short-Term Borrowings Interest Expense
0.20 1.14 1.16
Long-Term Debt Interest Expense
5.91 11 13
Federal Funds Purchased and Securities Sold Interest Expense
4.51 8.52 1.20
Total Non-Interest Income
6.33 6.49 7.37
Other Service Charges
4.25 3.29 4.12
Net Realized & Unrealized Capital Gains on Investments
0.08 -0.03 0.39
Investment Banking Income
1.24 1.46 1.48
Other Non-Interest Income
0.76 1.78 1.33
Provision for Credit Losses
7.70 -0.18 3.53
Total Non-Interest Expense
57 59 63
Salaries and Employee Benefits
37 37 40
Net Occupancy & Equipment Expense
5.79 6.02 6.10
Marketing Expense
2.03 1.13 1.49
Property & Liability Insurance Claims
1.37 3.69 2.96
Other Operating Expenses
9.90 12 13
Amortization Expense
0.60 0.10 0.08
Income Tax Expense
18 13 9.91
Preferred Stock Dividends Declared
4.05 4.05 4.05
Basic Earnings per Share
$1.78 $1.29 $1.05
Weighted Average Basic Shares Outstanding
27.76M 27.71M 27.60M
Diluted Earnings per Share
$1.72 $1.27 $1.03
Weighted Average Diluted Shares Outstanding
27.76M 27.71M 27.60M
Weighted Average Basic & Diluted Shares Outstanding
27.76M 27.71M 27.60M

Quarterly Income Statements for Bridgewater Bancshares

This table shows Bridgewater Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
14 13 11 8.80 8.62 7.86 6.82 7.10 7.66 7.19
Consolidated Net Income / (Loss)
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
Net Income / (Loss) Continuing Operations
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
Total Pre-Tax Income
20 18 16 13 13 11 10 11 11 11
Total Revenue
35 35 31 27 27 27 26 27 27 30
Net Interest Income / (Expense)
34 33 29 26 25 25 25 25 26 27
Total Interest Income
42 49 52 55 57 59 59 61 63 63
Loans and Leases Interest Income
38 42 45 48 49 50 50 51 52 52
Investment Securities Interest Income
4.37 5.84 6.22 6.24 6.51 7.28 7.92 8.18 8.73 9.11
Other Interest Income
0.32 0.53 0.82 1.04 1.30 1.54 1.17 1.32 2.41 2.35
Total Interest Expense
8.26 16 23 29 31 33 34 36 37 36
Deposits Interest Expense
5.98 11 16 23 27 29 30 32 34 33
Short-Term Borrowings Interest Expense
0.00 0.20 0.26 0.29 0.30 0.30 0.30 0.30 0.30 0.28
Long-Term Debt Interest Expense
1.57 1.61 1.84 3.09 3.32 3.22 3.25 3.12 2.94 3.23
Federal Funds Purchased and Securities Sold Interest Expense
0.71 3.38 4.94 2.76 0.55 0.27 0.30 0.85 0.00 0.04
Total Non-Interest Income
1.39 1.74 1.94 1.42 1.73 1.41 1.55 1.76 1.52 2.53
Other Service Charges
1.07 0.60 1.12 0.76 0.60 0.81 0.81 0.77 0.83 1.72
Investment Banking Income
0.31 0.34 0.35 0.37 0.38 0.36 0.34 0.37 0.37 0.39
Other Non-Interest Income
- - 0.53 0.24 0.75 0.27 0.30 0.31 0.35 0.36
Provision for Credit Losses
1.50 1.50 0.63 0.05 -0.60 -0.25 0.75 0.60 0.00 2.18
Total Non-Interest Expense
14 15 14 14 15 16 15 16 16 17
Salaries and Employee Benefits
9.45 9.82 8.82 8.59 9.52 9.62 9.43 9.68 9.85 11
Net Occupancy & Equipment Expense
1.09 2.57 1.57 1.48 1.49 1.49 1.47 1.56 1.44 1.63
Marketing Expense
- - 0.26 0.32 0.22 0.32 0.32 0.32 0.37 0.48
Property & Liability Insurance Claims
- - 0.67 0.90 1.08 1.05 0.88 0.73 0.75 0.61
Other Operating Expenses
3.62 -1.19 2.71 2.95 2.92 3.26 3.08 3.25 3.35 3.44
Amortization Expense
- - 0.05 0.03 0.01 0.01 0.01 0.01 0.01 0.05
Income Tax Expense
5.31 4.19 4.17 3.15 2.88 2.36 2.41 2.51 2.69 2.31
Preferred Stock Dividends Declared
1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.01
Basic Earnings per Share
$0.49 $0.46 $0.38 $0.32 $0.31 $0.28 $0.25 $0.26 $0.28 $0.26
Weighted Average Basic Shares Outstanding
27.59M 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M
Diluted Earnings per Share
$0.47 $0.45 $0.37 $0.31 $0.30 $0.29 $0.24 $0.26 $0.27 $0.26
Weighted Average Diluted Shares Outstanding
27.59M 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M
Weighted Average Basic & Diluted Shares Outstanding
27.59M 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M

Annual Cash Flow Statements for Bridgewater Bancshares

This table details how cash moves in and out of Bridgewater Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
-56 42 101
Net Cash From Operating Activities
85 30 46
Net Cash From Continuing Operating Activities
85 30 46
Net Income / (Loss) Continuing Operations
53 40 33
Consolidated Net Income / (Loss)
53 40 33
Provision For Loan Losses
7.70 -0.18 3.53
Depreciation Expense
2.57 2.51 2.37
Amortization Expense
2.97 1.03 -0.34
Non-Cash Adjustments to Reconcile Net Income
1.11 3.69 2.16
Changes in Operating Assets and Liabilities, net
17 -17 5.84
Net Cash From Investing Activities
-938 -209 -95
Net Cash From Continuing Investing Activities
-938 -209 -95
Purchase of Property, Leasehold Improvements and Equipment
-1.63 -2.97 -4.08
Purchase of Investment Securities
-1,040 -272 -259
Sale and/or Maturity of Investments
103 65 168
Net Cash From Financing Activities
797 221 150
Net Cash From Continuing Financing Activities
797 221 150
Net Change in Deposits
470 293 119
Issuance of Debt
172 680 997
Issuance of Preferred Equity
0.00 0.00 0.00
Repayment of Debt
-117 -457 -957
Repurchase of Common Equity
-11 -4.67 -5.27
Payment of Dividends
-4.05 -4.05 -4.05
Other Financing Activities, Net
287 -286 0.13
Cash Interest Paid
32 114 145
Cash Income Taxes Paid
21 10 5.75

Quarterly Cash Flow Statements for Bridgewater Bancshares

This table details how cash moves in and out of Bridgewater Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
1.98 12 122 -32 -53 4.20 15 -9.26 58 38
Net Cash From Operating Activities
9.14 4.63 7.80 15 16 -8.47 7.19 11 -5.99 35
Net Cash From Continuing Operating Activities
9.14 4.63 7.80 15 16 -8.47 7.19 11 -5.99 35
Net Income / (Loss) Continuing Operations
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
Consolidated Net Income / (Loss)
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
Provision For Loan Losses
1.50 1.50 0.63 0.05 -0.60 -0.25 0.85 0.50 - 2.18
Depreciation Expense
0.65 0.65 0.65 0.63 0.62 0.61 0.59 0.59 0.59 0.60
Amortization Expense
0.53 0.80 0.37 0.37 0.23 0.06 -0.04 -0.28 -0.31 0.30
Non-Cash Adjustments to Reconcile Net Income
0.88 -1.39 1.00 0.92 1.00 0.78 0.84 0.82 0.95 -0.45
Changes in Operating Assets and Liabilities, net
-8.92 -11 -6.49 3.13 4.89 -19 -2.89 0.86 -16 24
Net Cash From Investing Activities
-249 -204 -129 -36 -2.65 -41 -84 14 62 -87
Net Cash From Continuing Investing Activities
-249 -204 -129 -36 -2.65 -41 -84 14 62 -87
Purchase of Property, Leasehold Improvements and Equipment
-0.30 -0.18 -0.01 -2.54 -0.24 -0.18 -0.01 -0.19 -0.46 -3.42
Purchase of Investment Securities
-260 -251 -156 -46 -14 -55 -106 -39 -9.60 -104
Sale and/or Maturity of Investments
11 47 27 12 12 14 22 53 72 21
Net Cash From Financing Activities
242 211 244 -11 -66 54 91 -33 1.69 90
Net Cash From Continuing Financing Activities
242 211 244 -11 -66 54 91 -33 1.69 90
Net Change in Deposits
103 111 -5.42 167 98 34 97 0.49 -60 82
Issuance of Debt
15 143 156 163 168 193 208 213 278 298
Repayment of Debt
- -117 -56 -98 -136 -168 -211 -243 -216 -288
Repurchase of Common Equity
-1.62 -0.12 0.00 - - -4.67 -2.28 -2.90 -0.04 -0.05
Payment of Dividends
-1.01 -1.01 -1.01 -1.01 -1.01 -1.01 -1.01 -1.01 -1.01 -1.01
Other Financing Activities, Net
126 75 150 -242 -195 -0.18 -0.01 -0.01 0.51 -0.36
Cash Interest Paid
7.34 15 23 5.89 54 32 35 36 38 36
Cash Income Taxes Paid
6.20 6.41 0.04 5.05 3.84 1.46 0.00 2.63 2.86 0.27

Annual Balance Sheets for Bridgewater Bancshares

This table presents Bridgewater Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
4,346 4,612 5,066
Cash and Due from Banks
87 129 230
Time Deposits Placed and Other Short-Term Investments
1.18 0.00 4.38
Trading Account Securities
549 604 768
Loans and Leases, Net of Allowance
3,512 3,667 3,809
Premises and Equipment, Net
48 49 50
Goodwill
2.63 2.63 12
Intangible Assets
0.29 0.19 7.85
Other Assets
145 160 185
Total Liabilities & Shareholders' Equity
4,346 4,612 5,066
Total Liabilities
3,952 4,186 4,608
Non-Interest Bearing Deposits
884 757 801
Interest Bearing Deposits
2,532 2,953 3,286
Accrued Interest Payable
2.83 5.28 4.01
Long-Term Debt
190 413 453
Other Long-Term Liabilities
56 59 65
Total Equity & Noncontrolling Interests
394 426 458
Total Preferred & Common Equity
394 426 458
Preferred Stock
67 67 67
Total Common Equity
328 359 391
Common Stock
97 97 95
Retained Earnings
249 281 309
Accumulated Other Comprehensive Income / (Loss)
-18 -18 -13

Quarterly Balance Sheets for Bridgewater Bancshares

This table presents Bridgewater Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
4,129 4,603 4,603 4,557 4,723 4,687 4,692
Cash and Due from Banks
75 209 177 124 143 134 192
Trading Account Securities
542 559 538 553 633 601 665
Loans and Leases, Net of Allowance
0.00 0.00 3,678 3,664 3,727 3,742 3,629
Premises and Equipment, Net
49 48 50 49 48 48 48
Goodwill
2.63 2.63 2.63 2.63 2.63 2.63 2.63
Intangible Assets
0.34 0.24 0.21 0.20 0.18 0.17 0.16
Other Assets
134 157 156 162 169 159 156
Total Liabilities & Shareholders' Equity
4,129 4,603 4,603 4,557 4,723 4,687 4,692
Total Liabilities
3,747 4,201 4,194 4,141 4,289 4,248 4,239
Non-Interest Bearing Deposits
961 742 751 754 698 705 713
Interest Bearing Deposits
2,344 2,669 2,827 2,921 3,109 3,103 3,034
Accrued Interest Payable
2.21 3.26 2.97 3.82 4.41 4.00 3.46
Long-Term Debt
164 290 355 387 410 380 443
Other Long-Term Liabilities
64 60 63 74 68 56 46
Total Equity & Noncontrolling Interests
382 402 409 416 434 439 452
Total Preferred & Common Equity
382 402 409 416 434 439 452
Preferred Stock
67 67 67 67 67 67 67
Total Common Equity
315 335 343 349 367 373 386
Common Stock
96 98 99 100 95 93 95
Retained Earnings
236 255 264 273 287 295 302
Accumulated Other Comprehensive Income / (Loss)
-17 -18 -21 -24 -16 -15 -11

Annual Metrics and Ratios for Bridgewater Bancshares

This table displays calculated financial ratios and metrics derived from Bridgewater Bancshares' official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
18.47% -17.91% -1.89%
EBITDA Growth
13.70% -27.43% -20.15%
EBIT Growth
16.46% -26.76% -18.63%
NOPAT Growth
16.86% -25.16% -17.86%
Net Income Growth
16.86% -25.16% -17.86%
EPS Growth
11.69% -26.16% -18.90%
Operating Cash Flow Growth
56.72% -64.69% 54.51%
Free Cash Flow Firm Growth
73.11% -1,213.89% 81.35%
Invested Capital Growth
13.56% 43.57% 8.69%
Revenue Q/Q Growth
3.18% -6.61% 2.60%
EBITDA Q/Q Growth
1.24% -11.77% -1.08%
EBIT Q/Q Growth
1.55% -11.31% -1.66%
NOPAT Q/Q Growth
2.34% -10.85% -2.00%
Net Income Q/Q Growth
2.34% -10.85% -2.00%
EPS Q/Q Growth
3.61% -11.19% -2.83%
Operating Cash Flow Q/Q Growth
-6.32% -30.38% 1,292.25%
Free Cash Flow Firm Q/Q Growth
-220.32% -0.88% 31.23%
Invested Capital Q/Q Growth
6.90% 4.31% 1.77%
Profitability Metrics
- - -
EBITDA Margin
56.79% 50.20% 40.86%
EBIT Margin
52.72% 47.03% 39.01%
Profit (Net Income) Margin
39.25% 35.79% 29.96%
Tax Burden Percent
74.46% 76.08% 76.81%
Interest Burden Percent
100.00% 100.00% 100.00%
Effective Tax Rate
25.54% 23.92% 23.19%
Return on Invested Capital (ROIC)
9.73% 5.62% 3.75%
ROIC Less NNEP Spread (ROIC-NNEP)
9.73% 5.62% 3.75%
Return on Net Nonoperating Assets (RNNOA)
4.08% 4.13% 3.68%
Return on Equity (ROE)
13.81% 9.75% 7.43%
Cash Return on Invested Capital (CROIC)
-2.97% -30.16% -4.57%
Operating Return on Assets (OROA)
1.83% 1.17% 0.88%
Return on Assets (ROA)
1.36% 0.89% 0.68%
Return on Common Equity (ROCE)
11.43% 8.17% 6.31%
Return on Equity Simple (ROE_SIMPLE)
13.55% 9.39% 7.17%
Net Operating Profit after Tax (NOPAT)
53 40 33
NOPAT Margin
39.25% 35.79% 29.96%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00%
SG&A Expenses to Revenue
32.90% 39.12% 43.03%
Operating Expenses to Revenue
41.62% 53.12% 57.78%
Earnings before Interest and Taxes (EBIT)
72 53 43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
77 56 45
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.49 1.05 0.95
Price to Tangible Book Value (P/TBV)
1.51 1.06 1.00
Price to Revenue (P/Rev)
3.60 3.39 3.38
Price to Earnings (P/E)
9.92 10.54 12.88
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
10.08% 9.48% 7.77%
Enterprise Value to Invested Capital (EV/IC)
1.13 0.87 0.72
Enterprise Value to Revenue (EV/Rev)
4.83 6.53 5.99
Enterprise Value to EBITDA (EV/EBITDA)
8.51 13.01 14.65
Enterprise Value to EBIT (EV/EBIT)
9.17 13.88 15.35
Enterprise Value to NOPAT (EV/NOPAT)
12.31 18.24 19.98
Enterprise Value to Operating Cash Flow (EV/OCF)
7.73 24.29 14.14
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.48 0.97 0.99
Long-Term Debt to Equity
0.48 0.97 0.99
Financial Leverage
0.42 0.73 0.98
Leverage Ratio
10.12 10.93 10.96
Compound Leverage Factor
10.12 10.93 10.96
Debt to Total Capital
32.49% 49.23% 49.72%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
32.49% 49.23% 49.72%
Preferred Equity to Total Capital
11.39% 7.94% 7.30%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
56.11% 42.84% 42.97%
Debt to EBITDA
2.46 7.36 10.12
Net Debt to EBITDA
1.31 5.07 4.89
Long-Term Debt to EBITDA
2.46 7.36 10.12
Debt to NOPAT
3.55 10.32 13.80
Net Debt to NOPAT
1.90 7.11 6.67
Long-Term Debt to NOPAT
3.55 10.32 13.80
Noncontrolling Interest Sharing Ratio
17.20% 16.23% 15.06%
Liquidity Ratios
- - -
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-16 -214 -40
Operating Cash Flow to CapEx
5,205.08% 1,010.61% 1,136.67%
Free Cash Flow to Firm to Interest Expense
-0.48 -1.83 -0.28
Operating Cash Flow to Interest Expense
2.50 0.26 0.32
Operating Cash Flow Less CapEx to Interest Expense
2.45 0.23 0.29
Efficiency Ratios
- - -
Asset Turnover
0.03 0.02 0.02
Fixed Asset Turnover
2.78 2.29 2.23
Capital & Investment Metrics
- - -
Invested Capital
584 838 911
Invested Capital Turnover
0.25 0.16 0.13
Increase / (Decrease) in Invested Capital
70 254 73
Enterprise Value (EV)
657 729 656
Market Capitalization
489 379 371
Book Value per Share
$11.87 $12.82 $14.27
Tangible Book Value per Share
$11.77 $12.72 $13.55
Total Capital
584 838 911
Total Debt
190 413 453
Total Long-Term Debt
190 413 453
Net Debt
101 284 219
Capital Expenditures (CapEx)
1.63 2.97 4.08
Net Nonoperating Expense (NNE)
0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
190 413 453
Total Depreciation and Amortization (D&A)
5.54 3.54 2.03
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$1.78 $1.29 $1.05
Adjusted Weighted Average Basic Shares Outstanding
27.76M 27.71M 27.60M
Adjusted Diluted Earnings per Share
$1.72 $1.27 $1.03
Adjusted Weighted Average Diluted Shares Outstanding
27.76M 27.71M 27.60M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
27.76M 27.71M 27.60M
Normalized Net Operating Profit after Tax (NOPAT)
53 40 33
Normalized NOPAT Margin
39.25% 35.79% 29.96%
Pre Tax Income Margin
52.72% 47.03% 39.01%
Debt Service Ratios
- - -
EBIT to Interest Expense
2.11 0.45 0.30
NOPAT to Interest Expense
1.57 0.34 0.23
EBIT Less CapEx to Interest Expense
2.06 0.42 0.27
NOPAT Less CapEx to Interest Expense
1.52 0.32 0.20
Payout Ratios
- - -
Dividend Payout Ratio
7.59% 10.15% 12.35%
Augmented Payout Ratio
27.99% 21.83% 28.40%

Quarterly Metrics and Ratios for Bridgewater Bancshares

This table displays calculated financial ratios and metrics derived from Bridgewater Bancshares' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
17.95% 13.76% -3.87% -20.17% -23.49% -22.84% -14.19% -1.94% -0.10% 10.39%
EBITDA Growth
22.53% 5.14% -6.57% -25.92% -36.38% -38.60% -35.87% -21.77% -12.91% -4.10%
EBIT Growth
27.52% 6.51% -4.46% -25.51% -36.90% -37.34% -35.24% -18.07% -9.18% -6.41%
NOPAT Growth
26.10% 9.76% -5.06% -23.80% -33.65% -35.40% -32.73% -17.33% -9.91% -7.54%
Net Income Growth
26.10% 9.76% -5.06% -23.80% -33.65% -35.40% -32.73% -17.33% -9.91% -7.54%
EPS Growth
17.50% 15.38% -5.13% -24.39% -36.17% -35.56% -35.14% -16.13% -10.00% -10.34%
Operating Cash Flow Growth
-42.64% -55.33% -75.07% -62.65% 72.45% -282.89% -7.86% -28.94% -137.97% 508.33%
Free Cash Flow Firm Growth
-35.00% 40.36% -81.17% -159.61% -927.96% -338.53% 13.07% 79.43% 66.51% 73.68%
Invested Capital Growth
7.61% 13.56% 34.51% 45.84% 47.13% 43.57% 21.97% 7.26% 11.40% 8.69%
Revenue Q/Q Growth
3.81% -2.40% -11.90% -10.56% -0.51% -1.56% -2.03% 2.21% 1.35% 8.77%
EBITDA Q/Q Growth
11.45% -7.73% -13.11% -17.08% -4.29% -10.96% -10.11% 1.15% 6.56% -1.95%
EBIT Q/Q Growth
13.92% -9.57% -11.78% -18.04% -3.49% -10.21% -9.73% 3.69% 6.98% -7.46%
NOPAT Q/Q Growth
12.66% -5.36% -15.24% -15.68% -1.91% -7.85% -11.74% 3.63% 6.90% -5.43%
Net Income Q/Q Growth
12.66% -5.36% -15.24% -15.68% -1.91% -7.85% -11.74% 3.63% 6.90% -5.43%
EPS Q/Q Growth
14.63% -4.26% -17.78% -16.22% -3.23% -3.33% -17.24% 8.33% 3.85% -3.70%
Operating Cash Flow Q/Q Growth
-77.11% -49.36% 68.42% 91.31% 5.69% -153.71% 184.85% 47.53% -156.47% 677.63%
Free Cash Flow Firm Q/Q Growth
72.84% -132.28% -196.26% -38.89% -7.55% 0.91% 41.27% 67.13% -75.06% 22.12%
Invested Capital Q/Q Growth
4.24% 6.90% 18.51% 10.44% 5.16% 4.31% 0.68% -2.88% 9.22% 1.77%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
59.19% 55.96% 55.19% 51.16% 49.22% 44.52% 41.24% 40.81% 42.91% 38.68%
EBIT Margin
55.87% 51.77% 51.84% 47.51% 46.08% 42.04% 39.12% 39.69% 41.89% 35.64%
Profit (Net Income) Margin
40.90% 39.66% 38.16% 35.97% 35.47% 33.20% 29.91% 30.33% 31.99% 27.81%
Tax Burden Percent
73.21% 76.61% 73.61% 75.72% 76.97% 78.99% 76.46% 76.41% 76.36% 78.04%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
26.79% 23.39% 26.39% 24.28% 23.03% 21.01% 23.54% 23.59% 23.64% 21.96%
Return on Invested Capital (ROIC)
10.24% 9.83% 8.53% 7.15% 6.29% 5.22% 4.18% 4.09% 4.02% 3.48%
ROIC Less NNEP Spread (ROIC-NNEP)
10.24% 9.83% 8.53% 7.15% 6.29% 5.22% 4.18% 4.09% 4.02% 3.48%
Return on Net Nonoperating Assets (RNNOA)
4.15% 4.12% 4.63% 4.59% 4.34% 3.83% 3.50% 3.54% 3.85% 3.41%
Return on Equity (ROE)
14.38% 13.95% 13.16% 11.74% 10.63% 9.05% 7.68% 7.64% 7.87% 6.90%
Cash Return on Invested Capital (CROIC)
2.57% -2.97% -20.68% -29.57% -31.50% -30.16% -15.09% -2.66% -6.84% -4.57%
Operating Return on Assets (OROA)
1.96% 1.80% 1.70% 1.43% 1.27% 1.05% 0.90% 0.91% 0.97% 0.81%
Return on Assets (ROA)
1.43% 1.38% 1.25% 1.08% 0.98% 0.83% 0.69% 0.70% 0.74% 0.63%
Return on Common Equity (ROCE)
11.83% 11.55% 10.92% 9.75% 8.86% 7.58% 6.46% 6.44% 6.66% 5.86%
Return on Equity Simple (ROE_SIMPLE)
13.66% 0.00% 13.13% 12.15% 10.78% 0.00% 8.34% 7.84% 7.41% 0.00%
Net Operating Profit after Tax (NOPAT)
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
NOPAT Margin
40.90% 39.66% 38.16% 35.97% 35.47% 33.20% 29.91% 30.33% 31.99% 27.81%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
29.69% 35.79% 34.88% 38.06% 41.38% 42.75% 42.87% 43.19% 42.97% 43.08%
Operating Expenses to Revenue
39.90% 43.90% 46.11% 52.31% 56.13% 58.90% 58.02% 58.07% 58.11% 56.99%
Earnings before Interest and Taxes (EBIT)
20 18 16 13 13 11 10 11 11 11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
21 19 17 14 13 12 11 11 12 11
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.44 1.49 0.90 0.80 0.76 1.05 0.88 0.85 1.00 0.95
Price to Tangible Book Value (P/TBV)
1.45 1.51 0.90 0.81 0.77 1.06 0.89 0.86 1.01 1.00
Price to Revenue (P/Rev)
3.45 3.60 2.23 2.15 2.22 3.39 3.00 2.98 3.63 3.38
Price to Earnings (P/E)
9.47 9.92 6.18 6.03 6.51 10.54 10.05 10.46 13.16 12.88
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
10.56% 10.08% 16.19% 16.59% 15.37% 9.48% 9.95% 9.56% 7.60% 7.77%
Enterprise Value to Invested Capital (EV/IC)
1.11 1.13 0.65 0.68 0.74 0.87 0.78 0.77 0.79 0.72
Enterprise Value to Revenue (EV/Rev)
4.61 4.83 3.31 4.05 4.96 6.53 6.11 5.90 6.60 5.99
Enterprise Value to EBITDA (EV/EBITDA)
7.97 8.51 5.87 7.28 9.34 13.01 13.11 13.42 15.58 14.65
Enterprise Value to EBIT (EV/EBIT)
8.61 9.17 6.29 7.79 10.02 13.88 13.97 14.13 16.22 15.35
Enterprise Value to NOPAT (EV/NOPAT)
11.66 12.31 8.47 10.43 13.24 18.24 18.14 18.30 21.05 19.98
Enterprise Value to Operating Cash Flow (EV/OCF)
6.70 7.73 7.26 14.20 13.77 24.29 22.31 25.13 211.66 14.14
Enterprise Value to Free Cash Flow (EV/FCFF)
44.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.43 0.48 0.72 0.87 0.93 0.97 0.95 0.87 0.98 0.99
Long-Term Debt to Equity
0.43 0.48 0.72 0.87 0.93 0.97 0.95 0.87 0.98 0.99
Financial Leverage
0.41 0.42 0.54 0.64 0.69 0.73 0.84 0.87 0.96 0.98
Leverage Ratio
10.03 10.12 10.51 10.82 10.89 10.93 11.16 10.95 10.65 10.96
Compound Leverage Factor
10.03 10.12 10.51 10.82 10.89 10.93 11.16 10.95 10.65 10.96
Debt to Total Capital
30.04% 32.49% 41.89% 46.45% 48.23% 49.23% 48.61% 46.40% 49.48% 49.72%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
30.04% 32.49% 41.89% 46.45% 48.23% 49.23% 48.61% 46.40% 49.48% 49.72%
Preferred Equity to Total Capital
12.18% 11.39% 9.62% 8.71% 8.28% 7.94% 7.88% 8.12% 7.43% 7.30%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
57.78% 56.11% 48.50% 44.85% 43.50% 42.84% 43.51% 45.48% 43.09% 42.97%
Debt to EBITDA
2.15 2.46 3.81 4.99 6.10 7.36 8.20 8.09 9.79 10.12
Net Debt to EBITDA
1.15 1.31 1.04 2.48 4.12 5.07 5.33 5.24 5.55 4.89
Long-Term Debt to EBITDA
2.15 2.46 3.81 4.99 6.10 7.36 8.20 8.09 9.79 10.12
Debt to NOPAT
3.14 3.55 5.49 7.14 8.64 10.32 11.35 11.04 13.22 13.80
Net Debt to NOPAT
1.67 1.90 1.50 3.55 5.84 7.11 7.38 7.15 7.49 6.67
Long-Term Debt to NOPAT
3.14 3.55 5.49 7.14 8.64 10.32 11.35 11.04 13.22 13.80
Noncontrolling Interest Sharing Ratio
17.74% 17.20% 17.02% 16.97% 16.67% 16.23% 15.92% 15.68% 15.32% 15.06%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-24 -56 -166 -230 -248 -245 -144 -47 -83 -65
Operating Cash Flow to CapEx
3,068.12% 2,630.68% 111,400.00% 587.09% 6,597.07% -4,627.32% 119,750.00% 5,638.30% -1,290.09% 1,010.43%
Free Cash Flow to Firm to Interest Expense
-2.92 -3.51 -7.08 -7.91 -7.89 -7.38 -4.24 -1.32 -2.22 -1.78
Operating Cash Flow to Interest Expense
1.11 0.29 0.33 0.51 0.50 -0.25 0.21 0.30 -0.16 0.95
Operating Cash Flow Less CapEx to Interest Expense
1.07 0.28 0.33 0.42 0.49 -0.26 0.21 0.29 -0.17 0.86
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.04 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.02
Fixed Asset Turnover
2.67 2.78 2.78 2.58 2.43 2.29 2.23 2.19 2.20 2.23
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
546 584 692 764 803 838 844 819 895 911
Invested Capital Turnover
0.25 0.25 0.22 0.20 0.18 0.16 0.14 0.13 0.13 0.13
Increase / (Decrease) in Invested Capital
39 70 177 240 257 254 152 55 92 73
Enterprise Value (EV)
608 657 447 518 594 729 656 630 705 656
Market Capitalization
454 489 301 275 265 379 323 318 388 371
Book Value per Share
$11.44 $11.87 $12.09 $12.26 $12.49 $12.82 $13.25 $13.62 $14.10 $14.27
Tangible Book Value per Share
$11.33 $11.77 $11.98 $12.16 $12.39 $12.72 $13.15 $13.51 $14.00 $13.55
Total Capital
546 584 692 764 803 838 844 819 895 911
Total Debt
164 190 290 355 387 413 410 380 443 453
Total Long-Term Debt
164 190 290 355 387 413 410 380 443 453
Net Debt
87 101 79 177 262 284 267 246 251 219
Capital Expenditures (CapEx)
0.30 0.18 0.01 2.54 0.24 0.18 0.01 0.19 0.46 3.42
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
164 190 290 355 387 413 410 380 443 453
Total Depreciation and Amortization (D&A)
1.18 1.45 1.02 1.00 0.85 0.67 0.56 0.30 0.28 0.90
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.46 $0.38 $0.32 $0.31 $0.28 $0.25 $0.26 $0.28 $0.26
Adjusted Weighted Average Basic Shares Outstanding
0.00 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M
Adjusted Diluted Earnings per Share
$0.00 $0.45 $0.37 $0.31 $0.30 $0.29 $0.24 $0.26 $0.27 $0.26
Adjusted Weighted Average Diluted Shares Outstanding
0.00 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 27.76M 27.93M 27.98M 28.00M 27.71M 27.37M 27.35M 27.43M 27.60M
Normalized Net Operating Profit after Tax (NOPAT)
15 14 12 9.82 9.63 8.87 7.83 8.12 8.68 8.20
Normalized NOPAT Margin
40.90% 39.66% 38.16% 35.97% 35.47% 33.20% 29.91% 30.33% 31.99% 27.81%
Pre Tax Income Margin
55.87% 51.77% 51.84% 47.51% 46.08% 42.04% 39.12% 39.69% 41.89% 35.64%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.40 1.12 0.68 0.45 0.40 0.34 0.30 0.30 0.30 0.29
NOPAT to Interest Expense
1.76 0.86 0.50 0.34 0.31 0.27 0.23 0.23 0.23 0.23
EBIT Less CapEx to Interest Expense
2.36 1.11 0.67 0.36 0.39 0.33 0.30 0.29 0.29 0.20
NOPAT Less CapEx to Interest Expense
1.72 0.85 0.50 0.25 0.30 0.26 0.23 0.22 0.22 0.13
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
8.07% 7.59% 7.68% 8.16% 9.04% 10.15% 11.21% 11.77% 12.10% 12.35%
Augmented Payout Ratio
28.84% 27.99% 26.04% 11.64% 9.30% 21.83% 30.43% 40.35% 41.61% 28.40%

Frequently Asked Questions About Bridgewater Bancshares' Financials

When does Bridgewater Bancshares's fiscal year end?

According to the most recent income statement we have on file, Bridgewater Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Bridgewater Bancshares' net income changed over the last 2 years?

Bridgewater Bancshares' net income appears to be on a downward trend, with a most recent value of $32.83 million in 2024, falling from $53.39 million in 2022. The previous period was $39.96 million in 2023.

How has Bridgewater Bancshares revenue changed over the last 2 years?

Over the last 2 years, Bridgewater Bancshares' total revenue changed from $136.03 million in 2022 to $109.56 million in 2024, a change of -19.5%.

How much debt does Bridgewater Bancshares have?

Bridgewater Bancshares' total liabilities were at $4.61 billion at the end of 2024, a 10.1% increase from 2023, and a 16.6% increase since 2022.

How much cash does Bridgewater Bancshares have?

In the past 2 years, Bridgewater Bancshares' cash and equivalents has ranged from $87.04 million in 2022 to $229.76 million in 2024, and is currently $229.76 million as of their latest financial filing in 2024.

How has Bridgewater Bancshares' book value per share changed over the last 2 years?

Over the last 2 years, Bridgewater Bancshares' book value per share changed from 11.87 in 2022 to 14.27 in 2024, a change of 20.2%.



This page (NASDAQ:BWB) was last updated on 4/26/2025 by MarketBeat.com Staff
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