Bridgewater Bancshares BWB Income Statement (2016-2026)

NASDAQ BWB
$20.67 +0.03 (+0.15%)
At close: Nov 11, 2026 · 4:00 PM EST
Reported Financials

Bridgewater Bancshares Quarterly Income Statement

Periods 40 quarters
Latest Sep 2026

Bridgewater Bancshares reported revenue of $43.23M and net income of $15.03M for the quarter ended Sep 2026, up 19.6% year over year. This income statement covers 40 quarters of results from Dec 2016 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026 Jun2026 Sep2026
Revenue & Cost
Interest income
Interest income - Loans
31.14M31.74M34.36M37.67M42.49M44.96M47.72M49.00M49.73M49.58M51.39M51.90M51.87M53.82M57.89M60.04M61.44M61.73M64.15M66.73M
Interest Income - Debt Securities
2.51M2.87M3.33M4.37M5.84M6.22M6.24M6.51M7.28M7.92M8.18M8.73M9.11M9.40M9.20M10.37M9.72M6.92M6.90M7.59M
Other Interest Income
0.12M0.08M0.10M0.32M0.53M0.82M1.04M1.30M1.54M1.17M1.32M2.41M2.35M2.49M2.11M3.22M2.15M1.32M1.61M2.33M
Interest Income - Total
33.78M34.69M37.78M42.36M48.86M51.99M55.00M56.81M58.55M58.67M60.88M63.03M63.32M65.71M69.20M73.63M73.31M69.97M72.66M76.65M
Interest expenses
Interest Expense - Deposits
3.24M3.16M3.46M5.98M10.78M16.37M23.00M27.23M29.45M30.19M31.62M34.19M32.81M32.10M32.50M34.62M32.20M28.79M29.71M30.94M
Interest Expense - Fed Funds
0.01M0.41M0.71M3.38M4.94M2.76M0.55M0.27M0.30M0.85M0.00M0.04M0.02M0.01M0.24M0.02M
Interest Expense - Debt
6.01M1.35M1.39M1.57M1.61M2.11M3.37M3.62M7.51M298.25M299.12M298.94M7.49M3.40M4.23M4.93M11.30M4.29M4.36M5.04M
Interest Expense - Others
-4.63M0.20M-3.98M-294.71M-295.70M-295.70M-3.98M-5.88M
Interest ExpensesInterest Expense
4.62M4.51M5.25M8.26M15.97M23.43M29.13M31.39M33.24M34.04M35.88M37.43M36.36M35.50M36.75M39.54M37.62M33.32M34.09M35.99M
Net interest income
Interest Income - Net
29.15M30.18M32.53M34.10M32.89M28.57M25.87M25.42M25.31M24.63M25.00M25.60M26.97M30.21M32.45M34.09M35.69M36.65M38.57M40.66M
Provision for Credit LossesProvisions
1.15M1.70M3.03M1.50M1.50M1.50M0.55M-0.60M-0.25M0.85M0.60M2.18M1.50M2.00M1.10M1.45M1.35M0.55M2.75M
Net Interest Income After ProvisionsNII After Provisions
28.00M28.51M29.51M32.60M31.39M27.94M25.82M26.02M25.56M23.88M24.40M25.60M24.79M28.71M30.45M32.99M34.24M35.45M38.02M37.91M
Non-interest income
Service Charges
0.27M0.28M0.30M0.31M0.34M0.35M0.37M0.38M0.36M0.34M0.37M0.37M0.39M0.50M0.50M0.50M0.52M0.53M0.52M0.54M
Card Income
0.14M0.16M0.15M0.15M0.14M0.16M0.15M0.15M0.14M0.15M0.17M0.18M0.20M0.23M0.22M
Financial Services Fees
0.27M0.28M0.30M0.31M0.34M0.35M0.37M0.38M0.36M0.34M0.37M0.37M0.39M0.50M0.50M0.50M0.52M0.53M0.52M0.54M
Investment Advisory
0.33M0.21M0.21M0.23M0.21M0.26M0.30M
Investment Gain (Loss)
0.05M0.03M-0.06M0.05M-0.03M0.09M0.32M-0.03M0.00M0.47M0.06M0.08M10.40M
Gain (Loss) on Sale of LoansGain on Loan Sales
Bank-Owned Life Insurance IncomeBOLI Income
0.23M0.24M0.25M0.27M0.30M0.31M0.35M0.36M0.38M0.39M0.44M0.46M0.45M0.45M0.53M
Other Non-Interest Income
0.74M1.00M1.00M0.76M1.02M0.93M0.24M0.57M0.30M0.33M0.24M0.30M1.24M0.25M1.41M0.18M1.17M-2.75M0.34M0.44M
Non-Interest Income - Total
1.29M1.56M1.65M1.39M1.74M1.94M1.42M1.73M1.41M1.55M1.76M1.52M2.53M2.08M3.63M2.06M3.15M9.56M2.32M2.57M
Revenue
30.44M31.74M34.18M35.48M34.63M30.51M27.29M27.15M26.72M26.18M26.76M27.12M29.50M32.29M36.08M36.15M38.84M46.21M40.89M43.23M
Operating Items
Wages, Salaries and OtherWages
7.97M8.69M8.98M9.45M9.82M8.82M8.59M9.52M9.62M9.43M9.68M9.85M10.61M11.37M11.36M12.23M12.43M13.49M13.92M14.35M
Occupancy ExpenseOccupancy
0.94M1.09M1.04M1.09M1.18M1.21M1.08M1.10M1.06M1.06M1.09M1.07M1.18M1.23M1.27M1.27M1.17M1.38M1.36M1.29M
Technology and CommunicationsTechnology
0.68M0.71M0.68M0.81M0.80M0.81M0.84M0.88M0.97M0.97M0.97M0.98M1.07M1.26M1.18M
Professional Fees
0.76M0.83M0.72M0.78M0.89M0.85M1.15M0.99M0.99M1.11M1.26M1.40M1.20M1.27M1.13M
Marketing and AdvertisingMarketing
0.26M0.32M0.22M0.32M0.32M0.32M0.37M0.48M0.33M0.44M0.66M0.72M0.78M0.60M0.35M
FDIC Insurance
0.67M0.90M1.08M1.05M0.88M0.73M0.75M0.61M0.45M0.75M0.78M0.77M0.78M0.60M0.56M
Amortization - Intangibles
0.05M0.03M0.01M0.01M0.01M0.01M0.01M0.05M0.23M0.23M0.23M0.23M0.23M0.23M0.23M
Other Non-Interest ExpenseOther Non-Int. Exp.
3.55M3.73M3.73M3.62M4.21M1.63M1.82M1.91M2.09M1.81M2.06M1.73M2.02M2.56M2.81M2.56M2.53M3.26M2.67M2.26M
Operating ExpensesOpex
12.46M13.51M13.75M14.16M15.20M14.07M14.27M15.24M15.74M15.19M15.54M15.76M16.81M18.14M18.94M19.96M20.24M22.17M21.89M21.34M
Non-operating items
Gains (Losses) on Sale of Assets & InvestmentsGains on Sales
Interest & Investment IncomeInt & Inv Inc
0.12M0.08M0.10M0.32M0.53M0.82M1.04M1.30M1.54M1.17M1.32M2.41M2.35M2.49M2.11M3.22M2.15M1.32M1.61M2.33M
Other Non Operating IncomeOther Non Op Inc.
-1.54M1.28M1.30M1.07M-2.13M0.35M0.23M0.14M0.24M0.36M0.22M0.22M0.20M0.25M0.34M0.30M0.37M0.50M0.30M0.23M
Net income details
EBT
16.83M16.55M17.40M19.83M17.93M15.82M12.96M12.51M11.23M10.24M10.62M11.36M10.51M12.65M15.14M15.10M17.15M22.84M18.45M19.14M
Tax ProvisionsTaxes
4.32M4.29M4.52M5.31M4.19M4.17M3.15M2.88M2.36M2.41M2.51M2.69M2.31M3.02M3.62M3.50M3.81M5.44M4.44M4.11M
Income After Tax
12.51M12.26M12.88M14.51M13.74M11.64M9.82M9.63M8.87M7.83M8.12M8.68M8.20M9.63M11.52M11.60M13.33M17.41M14.01M15.03M
Income from Continuing OperationsIncome (Continuing)
12.51M12.26M12.88M14.51M13.74M11.64M9.82M9.63M8.87M7.83M8.12M8.68M8.20M9.63M11.52M11.60M13.33M17.41M14.01M15.03M
Consolidated Net IncomeConsol Net Inc.
12.51M12.26M12.88M14.51M13.74M11.64M9.82M9.63M8.87M7.83M8.12M8.68M8.20M9.63M11.52M11.60M13.33M17.41M14.01M15.03M
Income towards Parent CompanyParent Net Inc
12.51M12.26M12.88M14.51M13.74M11.64M9.82M9.63M8.87M7.83M8.12M8.68M8.20M9.63M11.52M11.60M13.33M17.41M14.01M15.03M
Preferred Dividends & Other AdjustmentsPref. Div. & Adj.
1.17M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M1.01M
Net Income towards Common StockholdersNet Income
11.34M11.25M11.87M13.50M12.72M10.63M8.80M8.62M7.86M6.82M7.10M7.66M7.19M8.62M10.51M10.59M12.32M16.39M12.99M14.02M
Additional items
EPS (Basic)
0.400.400.430.490.460.380.320.310.280.250.260.280.260.310.380.380.450.590.470.50
EPS (Diluted)
0.390.390.410.470.440.370.310.300.280.240.260.270.260.310.380.380.440.580.450.49
Weighted Average Shares OutstandingWtd. Avg. Shares
28.03M28.12M27.84M27.52M27.76M27.73M27.89M27.94M27.86M27.69M27.39M27.38M27.48M27.57M27.46M27.50M27.54M27.80M27.86M27.92M
Weighted Average Shares Outstanding (Diluted)Wtd. Avg. Shares (Dil.)
28.97M29.16M28.80M28.59M28.67M28.49M28.20M28.31M28.32M28.09M27.75M27.90M27.94M28.04M28.00M28.19M28.17M28.49M28.59M28.80M
Shares Outstanding (Entity)Shares Outstanding (Entity.)
28.21M28.15M27.68M27.59M27.75M27.85M27.97M28.02M27.75M27.59M27.35M27.43M27.55M27.56M27.47M27.58M27.76M27.83M27.88M27.96M

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