BWB - Earnings announcements

First Quarter 2026 Highlights Net income of $17.4 million, or $0.58 per diluted common share; adjusted net income of $12.6 million, or $0.41 per diluted common share.(1) Net interest income increased $960,000, or 10.9% annualized, from the fourth quarter of 2025. Net interest margin (on a fully tax-equivalent basis) of 2.99%, an increase of 24 basis points from the fourth quarter of 2025. Cost of total deposits of 2.79% for the first quarter of 2026, a decrease of 18 basis points from the fourth quarter of 2025. Enhanced balance sheet efficiency to improve forward profitability through the sale of $208.5 million of securities, for a pre-tax gain of $7.3 million, and prepaymen

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2026 financial results after the market closes on Tuesday, April 21, 2026. Bridgewater will host a conference call and webcast to discuss the results on Wednesday, April 22, 2026 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call by phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through April 29, 2026 by dialing 855-669-9658 and entering access code 2037632. Webcast Details: The conference call will also be available via a live webcas

Fourth Quarter 2025 Highlights Net income of $13.3 million, or $0.43 per diluted common share; adjusted net income of $13.5 million, or $0.44 per diluted common share.(1) Net interest income increased $1.6 million, or 4.7%, from the third quarter of 2025. Net interest margin (on a fully tax-equivalent basis) of 2.75%, an increase of 12 basis points from the third quarter of 2025. Noninterest income increased $1.1 million, or 52.7%, from the third quarter of 2025. Total deposits increased by $27.6 million, or 2.6% annualized, from the third quarter of 2025; core deposits(2) increased by $72.6 million, or 8.8% annualized, from the third quarter of 2025. Gross loans increased

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2025 financial results after the market closes on Tuesday, January 27, 2026. Bridgewater will then host a conference call and webcast to discuss the results on Wednesday, January 28, 2026 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through February 4, 2026 by dialing 855-669-9658 and entering access code 9545199. Webcast Details: The conference call will also be available via

Third Quarter 2025 Highlights Net income of $11.6 million, or $0.38 per diluted common share; adjusted net income of $12.0 million, or $0.39 per diluted common share.(1) Net interest income increased $1.6 million, or 5.1%, from the second quarter of 2025. Net interest margin (on a fully tax-equivalent basis) of 2.63% for the third quarter of 2025, an increase of one basis point from the second quarter of 2025. Gross loans increased by $68.8 million, or 6.6% annualized, from the second quarter of 2025. Total deposits increased by $56.0 million, or 5.2% annualized, from the second quarter of 2025; core deposits(2) increased by $92.1 million, or 11.5% annualized, from the second

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2025 financial results after the market closes on Tuesday, October 21, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Wednesday, October 22, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through October 29, 2025 by dialing 877-344-7529 and entering access code 1563263. Webcast Details: The conference call will also be available via a

Second Quarter 2025 Highlights Net income of $11.5 million, or $0.38 per diluted common share; adjusted net income of $11.3 million, or $0.37 per diluted common share.(1) Pre-provision net revenue(1) increased $2.2 million, or 15.6%, from the first quarter of 2025. Net interest income increased $2.2 million, or 7.4%, from the first quarter of 2025. Record noninterest income of $3.6 million, up $1.5 million, or 74.5%, from the first quarter of 2025. Sold $58.5 million of securities acquired in the First Minnetonka City Bank ("FMCB") acquisition for a gain of $474,000. Net interest margin (on a fully tax-equivalent basis) of 2.62% for the second quarter of 2025, an increase

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2025 financial results after the market closes on Wednesday, July 23, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 24, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through July 31, 2025 by dialing 877-344-7529 and entering access code 1833047. Webcast Details: The conference call will also be available via a live w

First Quarter 2025 Highlights Net income of $9.6 million, or $0.31 per diluted common share; adjusted net income of $10.1 million, or $0.32 per diluted common share.(1) Pre-provision net revenue(1) increased $1.5 million, or 11.5%, from the fourth quarter of 2024. Net interest income increased $3.2 million, or 12.0%, from the fourth quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.51% for the first quarter of 2025, an increase of 19 basis points from the fourth quarter of 2024. Gross loans increased by $151.6 million, or 15.9% annualized, from the fourth quarter of 2024. Total deposits increased by $75.7 million, or 7.5% annualized, from the fourth qua

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 24, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through May 1, 2025 by dialing 877-344-7529 and entering access code 9827138. Webcast Details: The conference call will also be available via a live webcas

Fourth Quarter 2024 Highlights Net income of $8.2 million, or $0.26 per diluted common share; adjusted net income of $8.6 million, or $0.27 per diluted common share.(1) Completed the acquisition of First Minnetonka City Bank (FMCB) in just 107 days following announcement. Net interest income increased $1.4 million, or 5.3%, from the third quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.32% for the fourth quarter of 2024, an increase of eight basis points from the third quarter of 2024. Core deposits(2) increased by $428.2 million, or 63.6% annualized, from the third quarter of 2024; core deposits excluding FMCB increased by $210.9 million, or 31.3%

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2024 financial results after the market closes on Wednesday, January 29, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, January 30, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through February 6, 2025 by dialing 877-344-7529 and entering access code 8644808. Webcast Details: The conference call will also be available via

Third Quarter 2024 Highlights Tangible book value per share(1) of $13.96 for the third quarter of 2024, an increase of $0.43, or 12.8% annualized, compared to $13.53 for the second quarter of 2024. Pre-provision net revenue(1) increased $489,000, or 4.5%, from the second quarter of 2024. Net interest income increased $603,000, or 2.4%, from the second quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.24% for the third quarter of 2024, in line with the second quarter of 2024. Core deposits(2) increased by $93.6 million, or 14.4% annualized, from the second quarter of 2024. Total deposits decreased by $60.3 million from the second quarter of 2024, primarily

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, October 24, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through October 31, 2024 by dialing 877-344-7529 and entering access code 1933700. Webcast Details: The conference call will also be available via a li

Second Quarter 2024 Highlights Tangible book value per share(1) of $13.53 for the second quarter of 2024, an increase of $0.32, or 9.8% annualized, compared to $13.20 for the first quarter of 2024. Net interest income increased $365,000, or 1.5%, from the first quarter of 2024, the first quarter-over-quarter increase since the third quarter of 2022. Net interest margin (on a fully tax-equivalent basis) of 2.24% for the second quarter of 2024, in line with the first quarter of 2024. Loan-to-deposit ratio of 99.8%, compared to 99.4% at March 31, 2024. Gross loans increased $16.2 million, or 1.7% annualized, from the first quarter of 2024. On a year-to-date basis, gross loans in

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through August 1, 2024 by dialing 877-344-7529 and entering access code 3041856. Webcast Details: The conference call will also be available via a live

First Quarter 2024 Highlights Tangible book value per share(1) of $13.20 for the first quarter of 2024, an increase of $0.37, or 11.5% annualized, compared to $12.84 for the fourth quarter of 2023. Repurchased 193,802 shares of common stock at a weighted average price of $11.75 per share, for a total of $2.3 million. Gross loans increased $59.9 million, or 6.5% annualized, from the fourth quarter of 2023. Loan-to-deposit ratio of 99.4%, compared to 100.4% at December 31, 2023. Deposits increased by $97.3 million, or 10.5% annualized, from the fourth quarter of 2023, including an increase in core deposits(2) of $90.3 million, or 14.3% annualized. Net interest margin (on a f

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through May 2, 2024 by dialing 877-344-7529 and entering access code 8126492. Webcast Details: The conference call will also be available via a live we

Fourth Quarter 2023 Highlights Deposit growth of $34.4 million, or 3.7% annualized, from the third quarter of 2023, exceeded gross loan growth which remained relatively stable from the third quarter of 2023, lowering the loan-to-deposit ratio to 100.4%. Net interest margin (on a fully tax-equivalent basis) of 2.27%, compared to 2.32% in the third quarter of 2023. No provision for credit losses on loans was recorded in the fourth quarter of 2023. The allowance for credit losses on loans to total loans was 1.36% at December 31, 2023 and September 30, 2023, respectively. Nonperforming assets to total assets of 0.02% at December 31, 2023 and September 30, 2023. Tangible book valu

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2023 financial results after the market closes on Wednesday, January 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, January 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, you may dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through February 1, 2024 by dialing 877-344-7529 and entering access code 4855149. Webcast Details: The conference call will also be available via a

Third Quarter 2023 Highlights Annualized return on average assets (ROA) of 0.85%, compared to 0.88% for the second quarter of 2023. Annualized return on average shareholders' equity (ROE) of 9.23%, compared to 9.69% for the second quarter of 2023, and annualized return on average tangible common equity (ROATCE)(1) of 9.92%, compared to 10.48% for the second quarter of 2023. Deposits increased by $97.6 million, or 10.8% annualized, from the second quarter of 2023, including an increase of core deposits(2) of $69.9 million, or 11.0% annualized. Core deposit growth exceeded loan growth for the second consecutive quarter as gross loans declined slightly by $13.9 million from the sec

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2023 financial results after the market closes on Wednesday, October 25, 2023. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, October 26, 2023 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, you may dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through November 2, 2023 by dialing 877-344-7529 and entering access code 1859973. Webcast Details: The conference call will also be available via

Second Quarter 2023 Highlights Annualized return on average assets (ROA) of 0.88%, compared to 1.07% for the first quarter of 2023. Annualized return on average shareholders' equity (ROE) of 9.69%, compared to 11.70% for the first quarter of 2023, and annualized return on average tangible common equity (ROATCE)(1) of 10.48%, compared to 12.90% for the first quarter of 2023. Gross loans increased $51.9 million, or 5.6% annualized, from the first quarter of 2023. Deposits increased by $166.8 million, or 19.6% annualized, from the first quarter of 2023, including an increase of core deposits(2) of $45.3 million, or 7.4% annualized. Total borrowing capacity of $1.5 billion at Jun

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2023 financial results after the market closes on Wednesday, July 26, 2023. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 27, 2023 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, you may dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through August 3, 2023 by dialing 877-344-7529 and entering access code 5127957. Webcast Details: The conference call will also be available via a live

Bridgewater Bancshares, Inc. (NASDAQ:BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $11.6 million for the first quarter of 2023, compared to $13.7 million for the fourth quarter of 2022, and $12.3 million for the first quarter of 2022. Earnings per diluted common share for the first quarter of 2023 were $0.37, compared to $0.45 per diluted common share for the fourth quarter of 2022, and $0.39 per diluted common share for the same period in 2022. "While first quarter results included well-controlled expenses, superb asset quality, moderated loan growth, and expected net interest margin pressure, our focus was on supporting our clients

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2023 financial results after the market closes on Wednesday, April 26, 2023. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 27, 2023 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, you may dial 877-270-2148 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through May 4, 2023 by dialing 877-344-7529 and entering access code 7417750. Webcast Details: The conference call will also be available via a live webca

Bridgewater Bancshares, Inc. (NASDAQ:BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $13.7 million for the fourth quarter of 2022, a 5.4% decrease from net income of $14.5 million for the third quarter of 2022, and a 9.8% increase from net income of $12.5 million for the fourth quarter of 2021. Earnings per diluted common share for the fourth quarter of 2022 were $0.45, a 5.6% decrease compared to $0.47 per diluted common share for the third quarter of 2022, and a 14.2% increase compared to $0.39 per diluted common share for the same period in 2021. "Bridgewater delivered another strong year of financial results in 2022 highlighted again

Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2022 financial results after the market closes on Wednesday, January 25, 2023. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, January 26, 2023 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, you may dial 877-270-2148 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through February 2, 2023 by dialing 877-344-7529 and entering access code 1810249. Webcast Details: The conference call will also be available via a li