NASDAQ$BWB

Bridgewater Bancshares Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Bridgewater Bancshares reported Q1 2026 net income of $17.4M, or $0.58 per diluted share.

Net income was $17.4 million versus $9.6 million; diluted EPS was $0.58 versus $0.31. Adjusted net income was $12.6 million ($0.41 per share) after excluding merger-related items.

  • Net income $17.4M (+81% YoY).
  • Diluted EPS $0.58.
  • Adjusted net income $12.6M.
  • Twin Cities commercial bank growth.

Headline financials

Total Revenue

$46.2M

Previous: $32.3M+43.1%
EPS (adj)

$0.58

Previous: $0.31+87.1%
Capital Expenditures

-$1.83M

Previous: -$536K-240.7%
Net Income

$17.4M

Previous: $9.63M+80.7%

Revenue & EPS history

Bridgewater Bank · Revenue · Quarterly

$46.2M

Q1 2026+43.1%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Bridgewater Bank · $3.57B total across 4 segments · Q4 2022

  • Real Estate Mortgage Loans
    $2.76B
  • Commercial Loans
    $435M
  • Construction and Land Development
    $366M
  • Consumer and Other Loans
    $8.13M

Forward guidance

MD&A discusses loan growth, funding, and merger integration.

Tailwinds

  • Strong YoY EPS growth.
  • Adjusted profitability improving.

Headwinds

  • Merger and integration costs.
  • CRE office exposure in portfolio.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.1%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.2%

Avg return

30 days after

63%

24 / 38 earnings

Positive

+9.3%

Q1 2021

Best reaction

-4.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-0.2%+0.5%
Q4 2025+2.0%+6.3%-1.0%
Q3 2025-3.3%-2.2%-2.9%
Q2 2025-1.3%-0.4%+4.3%
Q1 2025+2.3%+12.9%+8.8%
Q4 2024+4.1%+0.9%+6.1%
Q3 2024-0.9%-0.7%+0.0%
Q2 2024+3.2%-0.8%-2.0%
Q1 2024-1.6%-1.8%-2.5%
Q4 2023+2.2%-0.9%-11.7%
Q3 2023+6.0%+5.5%+16.3%
Q2 2023-1.1%-1.3%-6.5%
Q1 2023+2.1%+0.0%-5.3%
Q4 2022-3.8%-10.8%-15.0%
Q3 2022+5.1%+7.2%+8.1%
Q2 2022+2.0%+0.2%+1.7%
Q1 2022-0.8%-0.8%+0.6%
Q4 2021+2.2%-0.6%-1.9%
Q3 2021+2.3%+5.3%+0.5%
Q2 2021-0.6%-1.1%+2.4%
Q1 2021+9.3%+5.8%+12.2%
Q4 2020-0.8%+2.1%+8.5%
Q3 2020-1.9%-1.1%+6.0%
Q2 2020-1.1%-0.3%+6.1%
Q1 2020-4.5%-9.1%-0.5%
Q4 2019+1.3%+1.4%+4.0%
Q3 2019-0.2%+1.7%+3.7%
Q2 2019+2.2%+2.2%-4.2%
Q1 2019+0.5%+1.1%+4.1%
Q4 2016+2.5%+0.6%-6.2%
Q4 2018+6.7%+6.1%+8.7%
Q3 2017+2.7%+2.7%+0.6%
Q3 2018+2.7%+2.7%+0.6%
Q2 2017-0.2%-1.0%+5.5%
Q2 2018+1.8%+0.2%+0.3%
Q1 2017+0.2%+0.2%-1.6%
Q1 2018+0.2%+0.2%-1.6%
Q4 2017+0.2%+1.4%-0.5%

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