Bridgewater Bancshares Inc
BWB- Exchange
- Nasdaq
- Industry
- State Commercial Banks
- SEC CIK
- 0001341317
In the last 90 days, Bridgewater Bancshares Inc insiders filed 0 open-market purchases and 11 sales; 151 institutions reported holding it in 13F filings for Q2 2026, worth $376.3M in total; no superinvestor holds it.
Other share classesBWBBP
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:17 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 27, 2026 | Jan 29, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 27, 2022 |
| Revenue | $281.8M | $245.9M | $222.4M | $163.7M | $128.9M |
| Interest expense | – | – | $117.2M | $34.0M | $19.4M |
| Income tax | $13.9M | $9.91M | $12.6M | $18.3M | $15.9M |
| Net income | $46.1M | $32.8M | $40.0M | $53.4M | $45.7M |
| EPS, basic | $1.53 | $1.05 | $1.29 | $1.78 | $1.59 |
| EPS, diluted | $1.49 | $1.03 | $1.27 | $1.72 | $1.54 |
| Weighted shares, basic | 27.5M | 27.5M | 27.9M | 27.8M | 28.0M |
| Weighted shares, diluted | 28.2M | 27.9M | 28.3M | 28.7M | 29.0M |
| Margins and growth | |||||
| Net margin | 16.4% | 13.3% | 18.0% | 32.6% | 35.4% |
| Revenue growth, year over year | +14.6% | +10.6% | +35.8% | +27.0% | +12.2% |
| Net income growth, year over year | +40.4% | −17.9% | −25.2% | +16.9% | +68.0% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 27, 2026 | Jan 29, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 27, 2022 |
| Cash and equivalents | $123.5M | $229.8M | $128.6M | $87.0M | $143.5M |
| Property, plant and equipment | $51.6M | $49.5M | $48.9M | $48.4M | $49.4M |
| Goodwill | $12.0M | $12.0M | $2.63M | $2.63M | $2.63M |
| Intangible assets | $6.93M | $7.85M | $188.0K | $288.0K | $479.0K |
| Total assets | $5.41B | $5.07B | $4.61B | $4.35B | $3.48B |
| Total liabilities | $4.89B | $4.61B | $4.19B | $3.95B | $3.10B |
| Shareholders' equity | $517.1M | $457.9M | $425.5M | $394.1M | $379.3M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 27, 2026 | Jan 29, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 27, 2022 |
| Operating cash flow | $27.8M | $46.4M | $30.0M | $85.0M | $54.2M |
| Capital expenditures | $5.85M | $4.08M | $2.97M | $1.63M | $777.0K |
| Free cash flow | $22.0M | $42.3M | $27.0M | $83.4M | $53.5M |
| Depreciation and amortization | $2.47M | $2.37M | $2.51M | $2.56M | $2.37M |
| Stock-based compensation | $4.20M | $3.90M | $3.95M | $3.34M | $2.43M |
| Share buybacks | $2.19M | $5.19M | $4.54M | $10.8M | $2.30M |
| Investing cash flow | -$417.5M | -$95.2M | -$209.2M | -$938.2M | -$571.4M |
| Financing cash flow | $283.4M | $150.1M | $220.7M | $796.8M | $500.0M |
| Net change in cash | -$106.2M | $101.2M | $41.5M | -$56.4M | -$17.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.5% | 1.6% | 1.8% | 2.0% | 1.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 27, 2026 | 28.0M | +1.6% | SEC |
| Jul 28, 2026 | 27.9M | +1.5% | SEC |
| Apr 28, 2026 | 27.9M | +1.6% | SEC |
| Feb 9, 2026 | 27.8M | +0.8% | SEC |
| Oct 28, 2025 | 27.6M | +0.6% | SEC |
| Jul 29, 2025 | 27.5M | +0.5% | SEC |
| Apr 29, 2025 | 27.4M | +0.2% | SEC |
| Feb 17, 2025 | 27.6M | −0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.