Bridgewater Bancshares
BWB

$14.40

0.55%

Market Cap: 394M

About: Bridgewater Bancshares Inc offers retail and commercial loan and deposit services to customers within the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area. The company engages in providing a wide range of deposit and lending products. Its products and services include commercial deposits, loans, online business services, credit card, mobile banking, and remote deposit services.

Employees: 255

Financials State Commercial Banks

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0.79% more ownership

Funds ownership: 46.22% [Q4 2023] → 47.01% (+0.79%) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 34

8% less funds holding

Funds holding: 104 [Q4 2023] → 96 (-8) [Q1 2024]

13% less capital invested

Capital invested by funds: $175M [Q4 2023] → $152M (-$23.3M) [Q1 2024]

47% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 17

95% less call options, than puts

Call options by funds: $21K | Put options by funds: $438K

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Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$14

3%

downside

Avg. target

$15.50

8%

upside

High target

$17

18%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

DA Davidson Jeff Rulis	18%upside $17	Buy Maintained	26 Jul 2024
Piper Sandler Nathan Race	3%downside $14	Overweight Reiterated	26 Apr 2024

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Financial journalist opinion

Based on 3 articles about BWB published over the past 30 days

Bridgewater Bancshares, Inc. (BWB) Q2 2024 Earnings Call Transcript

Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President of Investor Relations Jerry Baack - President & Chief Executive Officer Joe Chybowski - President & Chief Financial Officer Nick Place - Chief Lending Officer Conference Call Participants Brendan Nosal - Hovde Group Jeff Rulis - D.A. Davidson Nathan Race - Piper Sandler Operator Good morning, and welcome to the Bridgewater Bancshares 2024 Second Quarter Earnings Call.

Bridgewater Bancshares, Inc. (BWB) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Bridgewater (BWB) Tops Q2 Earnings and Revenue Estimates

Bridgewater (BWB) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.31 per share a year ago.

Bridgewater (BWB) Tops Q2 Earnings and Revenue Estimates

Bridgewater Bancshares, Inc. to Announce Second Quarter 2024 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join.

Bridgewater Bancshares, Inc. to Announce Second Quarter 2024 Financial Results and Host Earnings Conference Call

Bridgewater Bancshares: 8.2% Yielding Preferred Share Is Good Income Investment

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 Bancshares: 8.2% Yielding Preferred Share Is Good Income Investment

Zacks Investment Research

New Strong Sell Stocks for June 14th

BWB, CCJ and ARR have been added to the Zacks Rank #5 (Strong Sell) List on June 14, 2024.

New Strong Sell Stocks for June 14th

Bridgewater's new CEO says hedge fund must be ‘rewired' following Ray Dalio's exit

Bridgewater Associates' new CEO has said the hedge fund must be completely “rewired” in order to boost its performance and find its “independence” in the wake of Ray Dalio's exit in October 2022.

Bridgewater's new CEO says hedge fund must be ‘rewired' following Ray Dalio's exit

Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater's commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collabor.

Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth

Zacks Investment Research

Bridgewater (BWB) Lags Q1 Earnings and Revenue Estimates

Bridgewater (BWB) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.37 per share a year ago.

Bridgewater (BWB) Lags Q1 Earnings and Revenue Estimates

Bridgewater Bancshares, Inc. Announces First Quarter 2024 Net Income of $7.8 Million, $0.24 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $7.8 million for the first quarter of 2024, compared to $8.9 million for the fourth quarter of 2023, and $11.6 million for the first quarter of 2023. Earnings per diluted common share were $0.24 for the first quarter of 2024, compared to $0.28 for the fourth quarter of 2023, and $0.37 for the first quarter of 2023. “Br.

Bridgewater Bancshares, Inc. Announces First Quarter 2024 Net Income of $7.8 Million, $0.24 Diluted Earnings Per Common Share

Bridgewater Bancshares, Inc. to Announce First Quarter 2024 Financial Results and Host Earnings Conference Call

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join.

Bridgewater Bancshares, Inc. to Announce First Quarter 2024 Financial Results and Host Earnings Conference Call

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