CapEdge
Loading...
Advanced
What's new? Log in Free sign up
  • Home
  • Sectors & IndustriesSectors
  • Earnings
  • IPOs
  • SPACs
  • Transcripts
  • Insider
  • Institutional
  • Crypto
  • Screeners
  • Reddit
  • Splits
  • BWB Dashboard
  • Financials
  • Filings
  • Transcripts
  • ETFs
  • Insider
  • Institutional
  • Shorts
  • News
  • Reddit

Bridgewater Bancshares (BWB)

Company Profile
Bridgewater Bancshares, Inc. is a financial holding company headquartered in St. Louis Park, Minnesota. The Company has two wholly owned subsidiaries, Bridgewater Bank, a Minnesota-chartered commercial bank founded in November 2005, and Bridgewater Risk Management, Inc., a captive insurance company founded in December 2016. Bridgewater Bank has seven locations serving clients across the Minneapolis-St. Paul metropolitan statistical area in Minnesota and offers a full array of simple, quality loan and deposit products, primarily for commercial clients. As of June 30, 2020, theCompany had total assets of approximately $2.75 billion, total loans of approximately $2.19 billion, total deposits of approximately $2.24 billion and total shareholders' equity of approximately $257.2 million.
Bridgewater Bancshares logo

Company profile

Ticker
BWB, BWBBP
Exchange
NASDAQ
Website
www.bridgewaterbankmn.com
CEO
Jerry Baack
Employees
Incorporated
Minnesota
Location
Minnesota
Fiscal year end
Dec 31
Sector
Finance and Insurance > Savings Institutions
Industry (SIC)
State Commercial Banks
Bank Of New York Mellon • State Street • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • SVB Financial • First Citizens Bancshares, Inc • Commerce Bancshares ...
SEC CIK
0001341317
Corporate docs
Articles of Incorporation & Bylaws
Underwriting Agreements
Indentures
Material Contracts & Credit Agreements
Subsidiaries Lists

BWB stock data

Analyst ratings and price targets

Last 3 months
Piper Sandler
Downgraded
Neutral
$17.00
27 Jan 23
Latest filings (excl ownership)
View all
8-K
Bridgewater Bancshares, Inc. Announces Fourth Quarter 2022 Net Income of $13.7 Million, $0.45 Diluted Earnings Per Common Share
25 Jan 23
8-K
Changes in Registrant's Certifying Accountant
22 Dec 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Regulation FD Disclosure
1 Nov 22
8-K
Bridgewater Bancshares, Inc. Announces Record Third Quarter 2022 Net Income of $14.5 Million, $0.47 Diluted Earnings Per Common Share
27 Oct 22
8-K
Entry into a Material Definitive Agreement
1 Sep 22
8-K
Bridgewater Bancshares, Inc. Announces New Stock Repurchase Program
18 Aug 22
8-K
Regulation FD Disclosure
8 Aug 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Bridgewater Bancshares, Inc. Announces Second Quarter 2022 Net Income of $12.9 Million, $0.41 Diluted Earnings Per Common Share
28 Jul 22
Transcripts
BWB
Earnings call transcript
2022 Q4
26 Jan 23
Latest ownership filings
View all
4
Jerry J. Baack
19 Jan 23
4
Thomas P. Trutna
3 Jan 23
4
Mohammed Lawal
3 Jan 23
4
Lisa Brezonik
3 Jan 23
4
Todd B. Urness
3 Jan 23
4
David B. Juran
3 Jan 23
4
Douglas J. Parish
3 Jan 23
4
James S. Johnson
3 Jan 23
4
Jeffrey D. Shellberg
29 Dec 22
4
Jerry J. Baack
27 Dec 22

Financial summary

Financial statements Chart BWB financial data
Quarter (USD) Sep 22 Jun 22 Mar 22 Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 75.50 mm 75.50 mm 75.50 mm 75.50 mm 75.50 mm 75.50 mm
Cash burn (monthly) (no burn) 9.50 mm (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 39.30 mm n/a n/a n/a n/a
Cash remaining n/a 36.19 mm n/a n/a n/a n/a
Runway (months of cash) n/a 3.8 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

BWB institutional ownership history Ownership history
46.7% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 88 89 -1.1%
Opened positions 11 4 +175.0%
Closed positions 12 12 –
Increased positions 28 23 +21.7%
Reduced positions 27 36 -25.0%
13F shares Current Prev Q Change
Total value 3.83 bn 298.73 mm +1180.8%
Total shares 12.87 mm 13.37 mm -3.7%
Total puts 0.00 0.00
Total calls 0.00 0.00
Total put/call ratio – – –
Largest owners Shares Value Change
Thrivent Financial For Lutherans 2.10 mm $34.51 mm +3.1%
BLK Blackrock 1.47 mm $24.18 mm -2.2%
FMR 1.20 mm $19.83 mm +9.8%
Vanguard 971.80 k $16.01 mm +2.4%
Next Century Growth Investors 695.90 k $11.46 mm +0.4%
Punch & Associates Investment Management 644.27 k $10.61 mm -3.0%
Dimensional Fund Advisors 528.78 k $8.71 mm +11.9%
Renaissance Technologies 439.45 k $7.24 mm -12.6%
Tradition Wealth Management 407.56 k $6.71 mm 0.0%
Geode Capital Management 367.54 k $6.05 mm -3.8%
Largest transactions Shares Bought/sold Change
STT State Street 0.00 -417.64 k EXIT
Alliancebernstein 0.00 -370.75 k EXIT
John W. Rosenthal Capital Management 219.66 k +219.66 k NEW
FMR 1.20 mm +106.95 k +9.8%
AE Wealth Management 66.42 k +66.42 k NEW
Thrivent Financial For Lutherans 2.10 mm +63.61 k +3.1%
Renaissance Technologies 439.45 k -63.50 k -12.6%
Banc Funds 139.71 k -57.94 k -29.3%
Dimensional Fund Advisors 528.78 k +56.35 k +11.9%
Maltese Capital Management 181.47 k -34.50 k -16.0%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BWB insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
18 Jan 23 Baack Jerry J. Common Stock Sell Dispose S No Yes 17.0964 4,166 71.22 k 1,199,646
30 Dec 22 Johnson James S. Common Stock Grant Acquire A No No 0 578 0.00 59,194
30 Dec 22 Parish Douglas J. Common Stock Grant Acquire A No No 0 578 0.00 1,171
30 Dec 22 Juran David B. Common Stock Grant Acquire A No No 0 578 0.00 1,288,976
30 Dec 22 Todd B. Urness Common Stock Grant Acquire A No No 0 578 0.00 1,115,990
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro
4 Cheapest Financial Stocks You Should Think About
2 Feb 23
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Stocks That Hit 52-Week Lows On Friday
27 Jan 23
During Friday, 24 stocks hit new 52-week lows.
Intel, Hasbro, Colgate-Palmolive And Other Big Stocks Moving Lower On Friday
27 Jan 23
U.S. stocks traded higher, with the Dow Jones gaining over 50 points on Friday. Here are some big stocks recording losses in today’s session.
Benzinga's Top Ratings Upgrades, Downgrades For January 27, 2023
27 Jan 23
Piper Sandler Downgrades Bridgewater Bancshares to Neutral, Lowers Price Target to $17
27 Jan 23

Press releases

From Benzinga Pro
Bridgewater Bancshares, Inc. Announces Fourth Quarter 2022 Net Income of $13.7 Million, $0.45 Diluted Earnings Per Common Share
25 Jan 23
Bridgewater Bancshares, Inc. (NASDAQ:BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $13.7 million for the fourth quarter of 2022, a 5.4% decrease from net income of
Bridgewater Bancshares, Inc. to Announce Fourth Quarter 2022 Financial Results and Host Earnings Conference Call
10 Jan 23
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its fourth quarter 2022 financial results after the market closes on Wednesday, January 25, 2023.
Finsight
Resources
  • Knowledgebase
  • Log In
  • Register
Company
  • About
  • Contact
  • Solutions
Products
  • Deal Roadshow
  • DealVDR
  • Evercall
  • Finsight.com
CapEdge
  • Earnings Calendar
  • Earnings Transcripts
  • EDGAR Filing Screener
  • IPO Calendar
  • Compliance
  • Privacy
  • Security
  • Terms
AngelList LinkedIn