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 |
Second Quarter 2024 Highlights Tangible book value per share(1) of $13.53 for the second quarter of 2024, an increase of $0.32, or 9.8% annualized, compared to $13.20 for the first quarter of 2024. Net interest income increased $365,000, or 1.5%, from the first quarter of 2024, the first quarter-over-quarter increase since the third quarter of 2022. Net interest margin (on a fully tax-equivalent basis) of 2.24% for the second quarter of 2024, in line with the first quarter of 2024. Loan-to-deposit ratio of 99.8%, compared to 99.4% at March 31, 2024. Gross loans increased $16.2 million, or 1.7% annualized, from the first quarter of 2024. On a year-to-date basis, gross loans in
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 25, 2024 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 August 1, 2024 by dialing 877-344-7529 and entering access code 3041856. Webcast Details: The conference call will also be available via a live
First Quarter 2024 Highlights Tangible book value per share(1) of $13.20 for the first quarter of 2024, an increase of $0.37, or 11.5% annualized, compared to $12.84 for the fourth quarter of 2023. Repurchased 193,802 shares of common stock at a weighted average price of $11.75 per share, for a total of $2.3 million. Gross loans increased $59.9 million, or 6.5% annualized, from the fourth quarter of 2023. Loan-to-deposit ratio of 99.4%, compared to 100.4% at December 31, 2023. Deposits increased by $97.3 million, or 10.5% annualized, from the fourth quarter of 2023, including an increase in core deposits(2) of $90.3 million, or 14.3% annualized. Net interest margin (on a f
Bridgewater Bancshares, Inc. (NASDAQ:BWB) ("Bridgewater"), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the signing of a definitive merger agreement under which Bridgewater Bank would acquire First Minnetonka City Bank in an all-cash transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240828362372/en/ At the closing of the transaction, First Minnetonka City Bank will merge with and into Bridgewater Bank. The combined organization is expected to have approximately $4.9 billion in total assets, $4.0 billion in deposits, $3.9 billion in loan and leases, and nine full-service branche
Second Quarter 2024 Highlights Tangible book value per share(1) of $13.53 for the second quarter of 2024, an increase of $0.32, or 9.8% annualized, compared to $13.20 for the first quarter of 2024. Net interest income increased $365,000, or 1.5%, from the first quarter of 2024, the first quarter-over-quarter increase since the third quarter of 2022. Net interest margin (on a fully tax-equivalent basis) of 2.24% for the second quarter of 2024, in line with the first quarter of 2024. Loan-to-deposit ratio of 99.8%, compared to 99.4% at March 31, 2024. Gross loans increased $16.2 million, or 1.7% annualized, from the first quarter of 2024. On a year-to-date basis, gross loans in
Bridgewater Bancshares, Inc. (NASDAQ:BWB), the parent company of Bridgewater Bank, today announced that it will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 25, 2024 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 August 1, 2024 by dialing 877-344-7529 and entering access code 3041856. Webcast Details: The conference call will also be available via a live
SC 13G/A - Bridgewater Bancshares Inc (0001341317) (Subject)
SC 13G/A - Bridgewater Bancshares Inc (0001341317) (Subject)
SC 13G/A - Bridgewater Bancshares Inc (0001341317) (Subject)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
4 - Bridgewater Bancshares Inc (0001341317) (Issuer)
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
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 (NASDAQ:BWB) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.24 by 8.33 percent. The company reported quarterly sales of $26.759 million which beat the analyst consensus estimate of $26.667 million by 0.35 percent. This is a 1.75 percent decrease over sales of $27.237 million the same period last year.
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 features
Piper Sandler analyst Nathan Race reiterates Bridgewater Bancshares (NASDAQ:BWB) with a Overweight and lowers the price target from $14.5 to $14.
8-K - Bridgewater Bancshares Inc (0001341317) (Filer)
8-K - Bridgewater Bancshares Inc (0001341317) (Filer)
8-K - Bridgewater Bancshares Inc (0001341317) (Filer)