Bridgewater Bancshares downgraded by B. Riley Securities with a new price target
$BWB
Major Banks
Finance
B. Riley Securities downgraded Bridgewater Bancshares from Buy to Neutral and set a new price target of $18.00 from $21.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2024 | Outperform | Hovde Group | |
| 1/17/2024 | $15.50 | Overweight | Piper Sandler |
| 1/27/2023 | $20.00 → $17.00 | Overweight → Neutral | Piper Sandler |
| 6/14/2022 | $21.00 → $18.00 | Buy → Neutral | B. Riley Securities |
SC 13D/A - Bridgewater Bancshares Inc (0001341317) (Subject)
SC 13D/A - Bridgewater Bancshares Inc (0001341317) (Subject)
SC 13G/A - Bridgewater Bancshares Inc (0001341317) (Subject)
First Quarter 2025 Highlights Net income of $9.6 million, or $0.31 per diluted common share; adjusted net income of $10.1 million, or $0.32 per diluted common share.(1) Pre-provision net revenue(1) increased $1.5 million, or 11.5%, from the fourth quarter of 2024. Net interest income increased $3.2 million, or 12.0%, from the fourth quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.51% for the first quarter of 2025, an increase of 19 basis points from the fourth quarter of 2024. Gross loans increased by $151.6 million, or 15.9% annualized, from the fourth quarter of 2024. Total deposits increased by $75.7 million, or 7.5% annualized, from the fourth qua
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 24, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through May 1, 2025 by dialing 877-344-7529 and entering access code 9827138. Webcast Details: The conference call will also be available via a live webcas
Fourth Quarter 2024 Highlights Net income of $8.2 million, or $0.26 per diluted common share; adjusted net income of $8.6 million, or $0.27 per diluted common share.(1) Completed the acquisition of First Minnetonka City Bank (FMCB) in just 107 days following announcement. Net interest income increased $1.4 million, or 5.3%, from the third quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.32% for the fourth quarter of 2024, an increase of eight basis points from the third quarter of 2024. Core deposits(2) increased by $428.2 million, or 63.6% annualized, from the third quarter of 2024; core deposits excluding FMCB increased by $210.9 million, or 31.3%
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
First Quarter 2025 Highlights Net income of $9.6 million, or $0.31 per diluted common share; adjusted net income of $10.1 million, or $0.32 per diluted common share.(1) Pre-provision net revenue(1) increased $1.5 million, or 11.5%, from the fourth quarter of 2024. Net interest income increased $3.2 million, or 12.0%, from the fourth quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.51% for the first quarter of 2025, an increase of 19 basis points from the fourth quarter of 2024. Gross loans increased by $151.6 million, or 15.9% annualized, from the fourth quarter of 2024. Total deposits increased by $75.7 million, or 7.5% annualized, from the fourth qua
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 24, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join the Bridgewater Bancshares earnings call. A replay of the call will be available through May 1, 2025 by dialing 877-344-7529 and entering access code 9827138. Webcast Details: The conference call will also be available via a live webcas
Fourth Quarter 2024 Highlights Net income of $8.2 million, or $0.26 per diluted common share; adjusted net income of $8.6 million, or $0.27 per diluted common share.(1) Completed the acquisition of First Minnetonka City Bank (FMCB) in just 107 days following announcement. Net interest income increased $1.4 million, or 5.3%, from the third quarter of 2024. Net interest margin (on a fully tax-equivalent basis) of 2.32% for the fourth quarter of 2024, an increase of eight basis points from the third quarter of 2024. Core deposits(2) increased by $428.2 million, or 63.6% annualized, from the third quarter of 2024; core deposits excluding FMCB increased by $210.9 million, or 31.3%
8-K - Bridgewater Bancshares Inc (0001341317) (Filer)
8-K - Bridgewater Bancshares Inc (0001341317) (Filer)
DEFA14A - Bridgewater Bancshares Inc (0001341317) (Filer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
Hovde Group resumed coverage of Bridgewater Bancshares with a rating of Outperform
Piper Sandler resumed coverage of Bridgewater Bancshares with a rating of Overweight and set a new price target of $15.50
Piper Sandler downgraded Bridgewater Bancshares from Overweight to Neutral and set a new price target of $17.00 from $20.00 previously
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater's commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collaborating closely with Jerry Baack, the incumbent President & Chief Executive Officer, to chart a future characterized by strategic excellence and innovation. Jerry will retain his role as Chairman of the Board and CEO. This press release featu