Bridgewater Bancshares Inc (BWB)
NASDAQ:BWB
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.45Last Year’s EPS
0.37Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong first-quarter execution: notable net interest margin expansion (to 2.99%), net interest income growth (+3% QoQ), loan growth (5.5% annualized), core deposit momentum (+3.2% annualized), realized securities gains ($7.3M pretax) and improved capital/tangible book value. Asset quality metrics were strong (NPAs 0.22%, NCOs 0.05%), and fee income diversification and strategic hires support future growth. Offsetting items were a smaller average earning asset base after opportunistic securities sales (‑$185M), a $982k prepayment expense, elevated near-term expenses from hires and branch opening, competitive pressure tightening spreads, and management signaling that margin expansion is likely to be gradual going forward. Overall, positives materially outweigh the manageable negatives, indicating constructive momentum heading into 2026.Company Guidance
Net Interest Margin Expansion
Net interest margin expanded 24 basis points quarter-over-quarter to 2.99% (nearly reaching the 3.0% year-end target), driven by lower deposit costs and higher loan repricing.
Net Interest Income Growth
Net interest income grew 3% quarter-over-quarter despite average interest-earning assets declining, supported by margin expansion and loan repricing.
Loan and Core Deposit Growth
Loan portfolio grew 5.5% annualized in the quarter; core deposits increased 3.2% annualized, supporting continued organic growth and improved deposit mix.
Balance Sheet Efficiency Actions — Realized Gains
Opportunistic sales of securities (sold $147M Treasuries for $1.2M net gain and $62M municipals for $6.1M net gain) plus prepayment of $97.5M FHLB advances generated $7.3M of pretax net income and created capacity to redeploy into higher-yielding loans.
Capital and Tangible Book Value Improvement
CET1 ratio increased 36 basis points to 9.53%; tangible book value rose 9.9% annualized to $15.93 per share. An at-the-market (ATM) offering of up to $50M was launched to provide optionality (could add ~100 bps to CET1 if fully executed).
Strong Asset Quality and Reserves
Nonperforming assets declined to 0.22%; net charge-offs were minimal at 0.05% annualized; loan loss reserves remain well positioned at 1.31% of total loans.
Profitability and Diversified Fee Revenue
Adjusted return on average assets was just under 1.0% for the second consecutive quarter; noninterest income has exceeded $2M each quarter since Q4 2024 (ex-securities gains), helped by new fee sources like swap fees and investment advisory fees.
Product Mix and Repricing Tailwinds
Variable rate loans increased to 23% of the portfolio from 17% a year ago (up 6 percentage points), positioning the loan book to reprice faster; $644M of fixed-rate loans and $106M of adjustable-rate loans scheduled to mature/reprice in the next 12 months provide additional repricing upside.
Market Expansion and Talent Acquisition
Opened a de novo branch in Lake Elmo and added headcount (approximately +15 FTEs), including strategic C&I hires to capitalize on M&A disruption and grow affordable housing and C&I lending.
BWB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BWB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $18.60 | $18.41 | -1.02% |
Jan 27, 2026 | $18.46 | $18.77 | +1.68% |
Sep 30, 2025 | $17.60 | $17.29 | -1.76% |
Jul 23, 2025 | $16.13 | $16.11 | -0.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bridgewater Bancshares Inc (BWB) report earnings?
Bridgewater Bancshares Inc (BWB) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Bridgewater Bancshares Inc (BWB) earnings time?
Bridgewater Bancshares Inc (BWB) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BWB EPS forecast?
BWB EPS forecast for the fiscal quarter 2026 (Q2) is 0.45.