Education
About Us
Working with TipRanks
Follow Us
Bridgewater Bancshares Inc (BWB)
NASDAQ:BWB
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.41Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone: the company reported strong revenue growth (total revenue +32% YoY), net interest margin expansion (+12 bps to 2.75%), robust core deposit and loan growth (core deposits ~9% annualized in Q4; loans +11.4% for the year), tangible book value expansion (~15.3% YoY), improved efficiency (adjusted efficiency ratio 50.7%), and constructive guidance (targeting 3.0% NIM by end-2026 and high-single-digit loan growth). The negatives were modest and largely idiosyncratic: a small uptick in NPAs (0.41%), a $1.2M Q4 net charge-off tied to an isolated C&I loan, one multifamily loan moving to nonaccrual (now under contract), slight allowance decline (1.34% to 1.31%), swap fee volatility, and some near-term deposit seasonality and competitive pressures. Overall, highlights materially outweigh lowlights and management expressed confidence in continued momentum into 2026.Company Guidance
Net Interest Margin Expansion
Net interest margin increased 12 basis points to 2.75% in Q4, driven primarily by lower deposit costs; management now targets a 3.0% NIM by the end of 2026 (pulled forward from early 2027).
Revenue and Net Interest Income Growth
Total revenue increased 32% year-over-year and quarterly net interest income rose 5% as margin expanded and earning assets grew.
Strong Core Deposit and Loan Growth
Core deposits grew ~9% annualized in Q4 (7.9% for full year 2025) with noninterest-bearing deposits up roughly $100 million in Q4; loan balances increased 8.9% annualized in Q4 and 11.4% for the year, exceeding the bank's mid- to high-single-digit guide.
Tangible Book Value and Profitability Metrics
Tangible book value grew 16.5% annualized and was up 15.3% year-over-year; adjusted ROA was just under 1% in Q4 and adjusted efficiency ratio improved to 50.7% (lowest since 1Q23).
Deposit Cost Reduction and Balance Sheet Repricing
Deposit costs declined 22 basis points to 2.97% in Q4; $1.8 billion of funding tied to short-term rates (including $1.4 billion immediately adjustable), facilitating further repricing tailwinds into 2026.
Affordable Housing and Construction Growth
Affordable housing balances increased 29% for the full year and rose $41 million (27% annualized) in Q4; construction loans were a primary driver of Q4 loan growth and the affordable housing vertical is a strategic growth focus.
Improved Funding Mix and Variable Rate Positioning
Variable-rate loans increased to 22% of the loan portfolio from 14% a year ago, improving interest rate flexibility and reducing asset sensitivity to rate cuts.
Capital Position and Cost Savings Realized
CET1 ratio increased modestly from 9.08% to 9.17%; the bank exceeded its targeted >30% cost savings related to the recent acquisition and retained capital via earnings (no share repurchases during the quarter).
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 |
|---|---|---|---|
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% |
Apr 23, 2025 | $13.51 | $13.82 | +2.29% |
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 Apr 29, 2026, Before Open (Confirmed).
What is Bridgewater Bancshares Inc (BWB) earnings time?
Bridgewater Bancshares Inc (BWB) earnings time is at Apr 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 (Q1) is 0.41.