NASDAQ$BWB
Bridgewater Bancshares Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Net income increased year-over-year and diluted earnings per share also increased.
Bridgewater Bancshares, Inc. reported a net income of $12.9 million for the second quarter of 2022, representing a 17.2% increase compared to the same quarter last year. Diluted earnings per share were $0.41, a 9.2% increase year-over-year. The company saw record revenue and continued balance sheet growth.
- Diluted earnings per common share were $0.41 for the second quarter of 2022, compared to $0.39 per common share for the first quarter of 2022.
- Record pre-provision net revenue (PPNR) of $20.4 million for the second quarter of 2022, compared to $18.3 million for the first quarter of 2022, an increase of $2.1 million, or 11.4%.
- Annualized return on average assets (ROA) and annualized return on average shareholders’ equity (ROE) for the second quarter of 2022 were 1.38% and 13.55%, compared to ROA and ROE of 1.42% and 12.98%, respectively, for the first quarter of 2022.
- Deposits increased $166.3 million in the second quarter of 2022, or 22.0% annualized, compared to the first quarter of 2022.
Headline financials
Revenue & EPS history
Bridgewater Bank · Revenue · Quarterly
$34.2M
Revenue by segment
Bridgewater Bank · $3.57B total across 4 segments · Q4 2022
- Real Estate Mortgage Loans$2.76B—77.3%
- Commercial Loans$435M—12.2%
- Construction and Land Development$366M—10.3%
- Consumer and Other Loans$8.13M—0.2%
Forward guidance
The company remains focused on the impact of continued interest rate hikes and the evolving shape of the yield curve throughout 2022.
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 Q2 2022
+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
| Quarter | Report date | Reaction (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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro