Bridgewater Bancshares (BWB) Tax Rate (2017 - 2026)

Bridgewater Bancshares (BWB) reported Tax Rate of 23.79% for Q1 2026, down 6.0% on a YoY basis from 25.31% in Q1 2025, and down 29.86% quarter-over-quarter from 33.92% in Q4 2025.

Bridgewater Bancshares (BWB) Tax Rate (2017 - 2026) Analysis & Trends

Bridgewater Bancshares has reported Tax Rate for 10 years, with the latest figure at 23.79% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 6.0% year-over-year to 23.79%; the trailing twelve-month figure through Mar 2026 stood at 26.15% (up 291.0% YoY), and the FY2025 full-year result was 26.57%, up 343.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.79%, down from 33.92% in the prior quarter.
  • The five-year high for Tax Rate was 33.92% in Q4 2025, with the low at 14.99% in Q4 2023.
  • Historically, Tax Rate has averaged 24.23% across 5 years, with a median of 23.79% in 2026.
  • Annual changes were most pronounced in 2023 — Tax Rate sank 840 bps — and 2025, when it surged 1219 bps.
  • Bridgewater Bancshares' Tax Rate stood at 23.39% in 2022, then sank by 36 bps to 14.99% in 2023, then soared by 45 bps to 21.73% in 2024, then jumped by 56 bps to 33.92% in 2025, then fell by 30 bps to 23.79% in 2026.
  • The last three Tax Rate figures came in at 23.79% (Q1 2026), 33.92% (Q4 2025), and 23.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Bridgewater Bancshares 554.33 Mn 332.18 Mn - 23.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.79%
Mar 31, 2026 23.79%
Dec 31, 2025 33.92%
Dec 31, 2025 33.92%
Sep 30, 2025 23.15%
Sep 30, 2025 23.15%
Jun 30, 2025 23.90%
Jun 30, 2025 23.90%
Mar 31, 2025 23.86%
Mar 31, 2025 23.86%
Dec 31, 2024 21.73%
Dec 31, 2024 21.73%
Sep 30, 2024 23.64%
Sep 30, 2024 23.64%
Jun 30, 2024 23.59%
Jun 30, 2024 23.59%
Mar 31, 2024 23.54%
Mar 31, 2024 23.54%
Dec 31, 2023 14.99%
Dec 31, 2023 14.99%