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| Date | Value |
|---|---|
| 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% |