Key Details
Price
$14.91Annual ROE
9.75%Beta
0.91Events Calendar
Next earnings date:
Jan 24, 2025Recent quarterly earnings:
Oct 23, 2024Recent annual earnings:
Jan 24, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President, Investor Relations Jerry Baack - Chairman and CEO Joe Chybowski - President and CFO Nick Place - Chief Banking Officer Jeff Shellberg - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson Brendan Nosal - Hovde Group Nathan Race - Piper Sandler Operator Good morning.
Bridgewater (BWB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Bridgewater (BWB) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Bridgewater Bancshares is a regional bank in Minnesota, dealing with the industry pressures of higher interest rates and lower deposits. Despite challenges with interest rate spreads, the bank has stabilized net interest income and maintained strong deposit growth. Risks include high loan to deposit ratio and exposure to commercial real estate loans, but the bank has adequate liquidity to cover uninsured deposits.
Bridgewater (BWB) reported earnings of $0.24 per share for the quarter, which fell short of the Zacks Consensus Estimate of $0.25 per share. This is lower than the earnings of $0.37 per share reported in the same quarter last year.
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--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 t.
Bridgewater (BWB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Bridgewater Bancshares, Inc. has shown growth in deposits and a decrease in uninsured deposits, indicating positive financial performance. The company's loan portfolio has slightly decreased, but it is not a cause for concern. Revenue and profit have weakened, but this is likely due to a decline in net interest margin and high interest rates.
Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Justin Horstman - Director of Investor Relations Jerry Baack - Chairman, President and Chief Executive Officer Joe Chybowski - Chief Financial Officer Jeff Shellberg - Executive Vice President and Chief Credit Officer Nick Place - Chief Lending Officer Conference Call Participants Jeffrey Rulis - D.A. Davidson Operator Good morning, and welcome to the Bridgewater Bancshares 2023 Third Quarter Earnings Call.
Bridgewater Bancshares' 5.875% dividend preferred shares are trading below their March levels, offering an attractive 8.8% dividend yield. The bank's net interest income has been declining due to higher borrowing costs, but it has successfully controlled overhead costs. BWB has strengthened its capital position but faces challenges such as a drop in net interest margin and a high loan-to-deposit ratio.
FAQ
- What is the primary business of Bridgewater Bancshares?
- What is the ticker symbol for Bridgewater Bancshares?
- Does Bridgewater Bancshares pay dividends?
- What sector is Bridgewater Bancshares in?
- What industry is Bridgewater Bancshares in?
- What country is Bridgewater Bancshares based in?
- When did Bridgewater Bancshares go public?
- Is Bridgewater Bancshares in the S&P 500?
- Is Bridgewater Bancshares in the NASDAQ 100?
- Is Bridgewater Bancshares in the Dow Jones?
- When was Bridgewater Bancshares's last earnings report?
- When does Bridgewater Bancshares report earnings?
- Should I buy Bridgewater Bancshares stock now?