BWB
Bridgewater Bancshares Inc
NASDAQ: BWB · FINANCIAL SERVICES · BANKS - REGIONAL
$18.13
+0.00% today
Updated 2026-04-30
Market cap
$512.40M
P/E ratio
10.46
P/S ratio
3.73x
EPS (TTM)
$1.76
Dividend yield
—
52W range
$14 – $20
Volume
0.1M
Bridgewater Bancshares Inc (BWB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $53.20M | $68.88M | $87.77M | $107.60M | $120.67M | $134.19M | $169.34M | $226.95M | $251.44M | $291.63M |
| Revenue growth (YoY) | — | — | +29.5% | +27.4% | +22.6% | +12.1% | +11.2% | +26.2% | +34.0% | +10.8% | +16.0% |
| Cost of revenue | — | $11.76M | $16.35M | $24.06M | $32.35M | $39.61M | $24.52M | $41.70M | $117.01M | $147.23M | $154.01M |
| Gross profit | — | $41.44M | $52.53M | $63.71M | $75.26M | $81.05M | $109.67M | $127.64M | $109.94M | $104.22M | $137.62M |
| Gross margin | — | 77.9% | 76.3% | 72.6% | 69.9% | 67.2% | 81.7% | 75.4% | 48.4% | 41.4% | 47.2% |
| R&D | — | — | — | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | $12.09M | $14.05M | $20.94M | $24.45M | $26.36M | $32.19M | $38.31M | $40.23M | $42.52M | $49.37M |
| Operating income | — | $21.27M | $27.04M | $32.14M | $38.33M | $35.67M | $61.57M | $71.71M | $52.52M | $42.74M | $61.48M |
| Operating margin | — | 40.0% | 39.3% | 36.6% | 35.6% | 29.6% | 45.9% | 42.3% | 23.1% | 17.0% | 21.1% |
| EBITDA | — | $21.96M | $27.92M | $33.10M | $39.52M | $37.06M | $64.13M | $74.96M | $55.66M | $45.74M | $64.70M |
| EBITDA margin | — | 41.3% | 40.5% | 37.7% | 36.7% | 30.7% | 47.8% | 44.3% | 24.5% | 18.2% | 22.2% |
| EBIT | — | $21.27M | $27.04M | $32.14M | $38.33M | $35.67M | $61.57M | $71.71M | $52.52M | $42.74M | $61.48M |
| Interest expense | $0.00 | $8.51M | $12.17M | $20.49M | $29.65M | $26.86M | $19.37M | $34.00M | $117.18M | $143.71M | $149.41M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $11.20M | $13.21M | $16.89M | $26.92M | $31.40M | $27.19M | $45.69M | $53.39M | $39.96M | $32.83M | $46.09M |
| Net income growth (YoY) | — | +18.0% | +27.8% | +59.4% | +16.7% | -13.4% | +68.0% | +16.9% | -25.2% | -17.9% | +40.4% |
| Profit margin | — | 24.8% | 24.5% | 30.7% | 29.2% | 22.5% | 34.0% | 31.5% | 17.6% | 13.1% | 15.8% |