Bridgewater Bancshares Inc income statement
In fiscal 2025, Bridgewater Bancshares Inc reported revenue of $143m, up 30.8% on the year before and net income of $46.1m, or $1.49 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 57 | 67 | 78 | 94 | 115 | 136 | 112 | 110 | 143 | 169 |
| Interest expense | — | 12 | 20 | 30 | 27 | 19 | 34 | 117 | — | — | — |
| Net interest income | 42 | 54 | 65 | 74 | 88 | 110 | 130 | 105 | 102 | 132 | 152 |
| Non-interest income | 3 | 3 | 3 | 4 | 6 | 5 | 6 | 6 | 7 | 11 | 18 |
| Non-interest expense | 20 | 25 | 32 | 37 | 45 | 48 | 57 | 59 | 63 | 77 | 86 |
| Provision for credit losses | 3 | 4 | 4 | 3 | 13 | 5 | 8 | −0 | 4 | 6 | 6 |
| Income before tax | 21 | 27 | 32 | 38 | 36 | 62 | 72 | 53 | 43 | 60 | 78 |
| Income tax | 8 | 10 | 5 | 7 | 8 | 16 | 18 | 13 | 10 | 14 | 18 |
| Net income | 13 | 17 | 27 | 31 | 27 | 46 | 53 | 40 | 33 | 46 | 60 |
| Diluted EPS | $0.58 | $0.68 | $0.91 | $1.05 | $0.93 | $1.54 | $1.72 | $1.27 | $1.03 | $1.49 | $2.09 |
| Diluted shares (average) | 23m | 25m | 29m | 30m | 29m | 29m | 29m | 28m | 28m | 28m | 29m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 32 | 36 | 36 | 39 | 46 | 41 | 43 |
| Net interest income | 27 | 30 | 32 | 34 | 36 | 37 | 39 | 41 |
| Non-interest income | 3 | 2 | 4 | 2 | 3 | 10 | 2 | 3 |
| Non-interest expense | 17 | 18 | 19 | 20 | 20 | 22 | 22 | 21 |
| Provision for credit losses | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 |
| Income before tax | 11 | 13 | 15 | 15 | 17 | 23 | 18 | 19 |
| Income tax | 2 | 3 | 4 | 3 | 4 | 5 | 4 | 4 |
| Net income | 8 | 10 | 12 | 12 | 13 | 17 | 14 | 15 |
| Diluted EPS | $0.26 | $0.31 | $0.38 | $0.38 | $0.43 | $0.58 | $0.45 | $0.49 |
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