Bridgewater Bancshares (BWB) Non Operating Interest Expenses (2018 - 2024)

Bridgewater Bancshares (BWB) has reported Non Operating Interest Expenses for 7 consecutive years, with $34.0 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 45.31% year-over-year to $34.0 million; the trailing twelve-month figure through Mar 2024 stood at $127.8 million (up 141.54% YoY), and the FY2023 full-year result was $117.2 million, up 244.68% from the prior year.
• Non Operating Interest Expenses improved to $34.0 million in Q1 2024 per BWB's latest filing, from $33.2 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $34.0 million in Q1 2024 and bottomed at $4.5 million in Q1 2022.
• Historically, Non Operating Interest Expenses has averaged $13.6 million across 5 years, with a median of $6.8 million in 2020.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses slumped 31.51% in 2021, then soared 454.63% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $5.9 million in 2020, then slipped by 21.1% to $4.6 million in 2021, then soared by 245.46% to $16.0 million in 2022, then surged by 108.17% to $33.2 million in 2023, then advanced by 2.4% to $34.0 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $34.0 million, $33.2 million, and $31.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.