NASDAQ$BWB

Bridgewater Bancshares Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Bridgewater Bancshares reported Q3 2025 revenue of $48.0M, net income of $12.0M.

For Q3 2025, Bridgewater Bancshares reported Revenue was $48.0M, net income was $12.0M. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $48.0M for Q3 2025.
  • Net income $12.0M.
  • MD&A covers liquidity, capital allocation, and sector-specific risks.

Headline financials

Total Revenue

$36.2M

Previous: $27.1M+33.3%
EPS (adj)

$0.39

Previous: $0.27+44.4%
Pre-Provision Net Revenue Return on Average Assets

1.2%

Previous: 1.0%+24.0%
Efficiency Ratio

54.7%

Previous: 58.0%-5.7%
Nonperforming Assets to Total Assets

0.2%

Previous: 0.2%+0.0%
Return on Average Shareholders' Equity

9.5%

Previous: 7.8%+21.6%
Net Interest Margin

2.6%

Previous: 2.2%+17.4%
Cost of Total Deposits

3.2%

Previous: 3.6%-10.9%
Tangible Book Value Per Share

$14.93

Previous: $13.96+6.9%
Net Loan Charge-Offs to Average Loans

0.0%

Previous: 0.1%-70.0%
Allowance for Credit Losses to Total Loans

1.3%

Previous: 1.4%-2.9%
Common Equity Tier 1 Risk-based Capital Ratio

9.1%

Previous: 9.8%-7.3%
Return on Average Assets

0.9%

Previous: 0.7%+17.8%
Noninterest Expense to Average Assets

1.5%

Previous: 1.3%+10.5%
Tangible Common Equity to Tangible Assets

7.7%

Previous: 8.2%-5.6%
Loan to Deposit Ratio

98.2%

Previous: 98.3%-0.1%
Capital Expenditures

-$3.3M

Previous: -$658K-402.0%
Net Income

$11.6M

Previous: $8.68M+33.7%
Operating Income

$15.1M

Previous: -$15.5M+197.7%

Revenue & EPS history

Bridgewater Bank · Revenue · Quarterly

$36.2M

Q3 2025+33.3%vs Q3 2024
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

The periodic filing discusses operating priorities, liquidity, and risks; formal multi-year guidance varies by issuer.

Tailwinds

  • Management outlines strategic priorities and capital allocation.
  • Segment commentary supports the investment narrative where disclosed.

Headwinds

  • Macro, rates, or input costs may affect margins.
  • One-time items can affect quarter-over-quarter comparability.

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 Q3 2025

Historical avgQ3 2025

+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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