Bridgewater Bancshares, Inc. (BWB) — Financial statements
Income statement, balance sheet, and cash flow for Bridgewater Bancshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 292↑16.0% | 251↑10.8% | 227↑34.0% | 169↑26.2% | 134 | |
| Cost of Revenue | 154↑4.6% | 147↑25.8% | 117↑180.6% | 42↑70.1% | 25 | |
| Gross Profit | 138↑32.1% | 104↓5.2% | 110↓13.9% | 128↑16.4% | 110 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 49↑16.1% | 43↑5.7% | 40↑5.0% | 38↑19.0% | 32 | |
| Selling & Marketing Expenses | 2↑44.0% | 1↑31.5% | 1↓44.4% | 2↑36.7% | 1 | |
| SG&A Expenses | 52↑17.0% | 44↑6.4% | 41↑2.5% | 40↑19.8% | 34 | |
| Other Expenses | 25↑41.0% | 17↑8.8% | 16↑3.0% | 16↑8.2% | 14 | |
| Operating Expenses | 76↑23.8% | 61↑7.1% | 57↑2.7% | 56↑16.3% | 48 | |
| Total Costs & Expenses | 230↑10.3% | 209↑19.7% | 174↑78.7% | 98↑34.5% | 73 | |
| Operating Results | ||||||
| Operating Income | 61↑43.9% | 43↓18.6% | 53↓26.8% | 72↑16.5% | 62 | |
| Depreciation & Amortization | 3↑7.2% | 3↓4.4% | 3↓3.4% | 3↑27.1% | 3 | |
| EBITDA | 65↑41.5% | 46↓17.8% | 56↓25.7% | 75↑16.9% | 64 | |
| EBIT | 61↑43.9% | 43↓18.6% | 53↓26.8% | 72↑16.5% | 62 | |
| Interest & Other Income | ||||||
| Net Interest Income | 132↑29.6% | 102↓2.8% | 105↓18.9% | 130↑18.4% | 110 | |
| Interest Income | 282↑14.6% | 246↑10.6% | 222↑35.8% | 164↑27.0% | 129 | |
| Interest Expense | 149↑4.0% | 144↑22.6% | 117↑244.7% | 34↑75.5% | 19 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -1 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 60↑40.5% | 43↓18.6% | 53↓26.8% | 72↑16.5% | 62 | |
| Income Tax Expense | 14↑40.7% | 10↓21.1% | 13↓31.4% | 18↑15.3% | 16 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 46↑40.4% | 33↓17.9% | 40↓25.2% | 53↑16.9% | 46 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 46↑40.4% | 33↓17.9% | 40↓25.2% | 53↑16.9% | 46 | |
| Bottom-Line Net Income | 42↑46.1% | 29↓19.9% | 36↓27.2% | 49↑10.8% | 45 | |
| EPS (Basic) | 1.53↑45.7% | 1.05↓18.6% | 1.29↓27.5% | 1.78↑11.9% | 1.59 | |
| EPS (Diluted) | 1.50↑45.6% | 1.03↓18.9% | 1.27↓26.2% | 1.72↑11.7% | 1.54 | |
| Weighted Average Shares | 27↓0.4% | 27↓1.3% | 28↑0.3% | 28↓1.0% | 28 | |
| Weighted Average Diluted Shares | 29↑2.5% | 28↓1.3% | 28↓1.2% | 29↓1.0% | 29 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.