BWB · Bridgewater Bancshares Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $2.47M | $2.37M | $2.51M | $2.56M | $2.37M | $1.21M |
| Operating Income | $60.03M | $42.74M | $52.52M | $71.71M | $35.67M | $35.67M |
| Interest Expense | - | - | $117.18M | $34.00M | $19.37M | $26.86M |
| Income Tax | $13.94M | $9.91M | $12.56M | $18.32M | $15.89M | $8.47M |
| Net Income | $46.09M | $32.83M | $39.96M | $53.39M | $45.69M | $27.19M |
| EPS - Basic | $1.53 | $1.05 | $1.29 | $1.78 | $1.59 | $0.95 |
| EPS - Diluted | $1.49 | $1.03 | $1.27 | $1.72 | $1.54 | $0.93 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $123.51M | $229.76M | $128.56M | $87.04M | $143.47M | $160.68M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $5.41B | $5.07B | $4.61B | $4.35B | $3.48B | $2.93B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $4.89B | $4.61B | $4.19B | $3.95B | $3.10B | $2.66B |
| Stockholders' Equity | $517.10M | $457.94M | $425.51M | $394.06M | $379.27M | $265.40M |
| Retained Earnings | $351.45M | $309.42M | $280.65M | $248.69M | $199.35M | $154.83M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $27.81M | $46.38M | $30.02M | $85.00M | $54.24M | $23.02M |
| Investing Cash Flow | ($417.47M) | ($95.24M) | ($209.18M) | ($938.24M) | ($571.42M) | ($530.33M) |
| Financing Cash Flow | $283.40M | $150.06M | $220.69M | $796.81M | $499.99M | $636.05M |
| CapEx | $5.85M | $4.08M | $2.97M | $1.63M | $777.0K | $24.69M |
| Free Cash Flow | $21.96M | $42.30M | $27.05M | $83.37M | $53.46M | ($1.67M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.48 | 1.29 | 0.68 | 1.56 | 1.17 | -0.06 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 23.2% | 23.2% | 23.9% | 25.5% | 25.8% | 23.8% |
| Return on assets | 0.9% | 0.6% | 0.9% | 1.2% | 1.3% | 0.9% |
| Return on equity | 8.9% | 7.2% | 9.4% | 13.5% | 12.0% | 10.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | 0.4x | 2.1x | 1.8x | 1.3x |
| Equity multiplier | 10.46 | 11.06 | 10.84 | 11.03 | 9.17 | 11.03 |
| Liabilities / Assets | 0.90 | 0.91 | 0.91 | 0.91 | 0.89 | 0.91 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 11.8x | 13.1x | 10.6x | 10.3x | 11.5x | 13.4x |
| P / B | 1.0x | 0.8x | 0.9x | 1.3x | 1.4x | 1.4x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 5.9x | 3.3x | 4.6x | 5.7x | 9.7x | 5.5x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 40.5% | -18.6% | -26.8% | 101.1% | 0.0% | -6.9% |
| Net income growth (YoY) | 40.4% | -17.9% | -25.2% | 16.9% | 68.0% | -13.4% |
| EPS growth (YoY) | 44.7% | -18.9% | -26.2% | 11.7% | 65.6% | -11.4% |
| EPS CAGR (3y) | -4.7% | -12.5% | 10.9% | 17.9% | 38.5% | - |
| EPS CAGR (5y) | 9.9% | -0.4% | 17.0% | - | - | - |
| FCF growth (YoY) | -48.1% | 56.4% | -67.6% | 55.9% | - | - |
| FCF CAGR (5y) | - | 12.0% | 16.2% | - | - | - |
| Book value growth (YoY) | 12.9% | 7.6% | 8.0% | 3.9% | 42.9% | 8.4% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: State Commercial Banks
Comparing Bridgewater Bancshares Inc against the 5 most active filers in the same SIC group.