BWB Stock Analysis: Bridgewater Bancshares | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 598m USD | 12M Return: 28.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.82M
EPS Trend: 10.1%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 8.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Bridgewater Bancshares, Inc. (BWB) is a Minneapolis-area bank holding company that operates Bridgewater Bank, providing commercial lending and deposit services in the United States. Its loan portfolio is concentrated in commercial real estate, including nonfarm/nonresidential, multifamily, and construction and land development loans, alongside commercial and industrial lending. The bank also accepts a range of deposits-savings, money market, demand, time, brokered, and certificates of deposit-and offers online, mobile, and direct banking channels.
As a community-oriented regional bank, BWB is classified within the Financials sector under Regional Banks, a segment of U.S. depository institutions that typically focus on commercial lending and deposit gathering within defined geographic markets. Headquartered in Saint Louis Park, Minnesota, the company was incorporated in 2005 and completed its initial public offering in March 2018.
- Commercial real estate loan losses pressure credit quality
- Net interest margin compresses as deposit costs rise
- Brokered deposit reliance increases funding cost sensitivity
| Net Income: 53.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.27 > 1.0 |
| NWC/Revenue: -1.24k% < 20% (prev -1.60k%; Δ 364.9% < -1%) |
| CFO/TA 0.01 > 3% & CFO 36.3m > Net Income 53.9m |
| Net Debt (-87.5m) to EBITDA (74.5m): -1.18 < 3 |
| Current Ratio: 0.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (28.5m) vs 12m ago 1.62% < -2% |
| Gross Margin: 50.10% > 18% (prev 42.31%; Δ 7.79% > 0.5%) |
| Asset Turnover: 5.80% > 50% (prev 5.04%; Δ 0.76% > 0%) |
| Interest Coverage Ratio: 0.49 > 6 (EBIT TTM 71.7m / Interest Expense TTM 147.2m) |
| A: -0.71 (Total Current Assets 548.1m - Total Current Liabilities 4.31b) / Total Assets 5.34b |
| B: 0.07 (Retained Earnings 367.8m / Total Assets 5.34b) |
| C: 0.01 (EBIT TTM 71.7m / Avg Total Assets 5.24b) |
| D: 0.11 (Book Value of Equity 528.4m / Total Liabilities 4.81b) |
| Altman-Z'' = -4.19 = D |
| DSRI: 0.22 (Receivables 15.8m/61.7m, Revenue 303.7m/259.0m) |
| GMI: 0.84 (GM 42.31% / 50.10%) |
| AQI: 0.95 (AQ_t 0.89 / AQ_t-1 0.94) |
| SGI: 1.17 (Revenue 303.7m / 259.0m) |
| TATA: 0.00 (NI 53.9m - CFO 36.3m) / TA 5.34b) |
| Beneish M = -3.72 (Cap -4..+1) = AAA |
As of July 08, 2026, the stock is trading at USD 21.21 with a total of 210,366 shares traded. Over the past week, the price has changed by +0.66%, over one month by +9.22%, over three months by +15.78% and over the past year by +28.08%.
Current recommended Stop Loss: 20.50 (which is 3.3% or 1.3 ATR below the current price).
Bridgewater Bancshares has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy BWB.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22.4 | 5.5% |
P/E Trailing = 12.1932
P/E Forward = 11.2486
P/S = 3.949
P/B = 1.2954
P/EG = 0.7347
Revenue TTM = 303.7m USD
EBIT TTM = 71.7m USD
EBITDA TTM = 74.5m USD
Long Term Debt = 444.8m USD (from longTermDebt, last quarter)
Short Term Debt = 320.0m USD (from shortTermDebt, two quarters ago)
Debt = 444.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -87.5m USD (calculated: Debt 444.8m - CCE 532.3m)
Enterprise Value = 510.9m USD (598.4m + Debt 444.8m - CCE 532.3m)
Interest Coverage Ratio = 0.49 (Ebit TTM 71.7m / Interest Expense TTM 147.2m)
EV/FCF = 17.49x (Enterprise Value 510.9m / FCF TTM 29.2m)
FCF Yield = 5.72% (FCF TTM 29.2m / Enterprise Value 510.9m)
FCF Margin = 9.62% (FCF TTM 29.2m / Revenue TTM 303.7m)
Net Margin = 17.74% (Net Income TTM 53.9m / Revenue TTM 303.7m)
Gross Margin = 50.10% ((Revenue TTM 303.7m - Cost of Revenue TTM 151.5m) / Revenue TTM)
Gross Margin QoQ = 56.51% (prev 50.79%)
Tobins Q-Ratio = 0.10 (Enterprise Value 510.9m / Total Assets 5.34b)
Interest Expense / Debt = 33.10% (Interest Expense 147.2m / Debt 444.8m)
Taxrate = 23.30% (16.4m / 70.2m)
NOPAT = 55.0m (EBIT 71.7m * (1 - 23.30%))
Current Ratio = 0.13 (Total Current Assets 548.1m / Total Current Liabilities 4.31b)
Debt / Equity = 0.84 (Debt 444.8m / totalStockholderEquity, last quarter 528.4m)
Debt / EBITDA = -1.18 (Net Debt -87.5m / EBITDA 74.5m)
Debt / FCF = -3.00 (Net Debt -87.5m / FCF TTM 29.2m)
Total Stockholder Equity = 504.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.03% (Net Income 53.9m / Total Assets 5.34b)
RoE = 10.67% (Net Income TTM 53.9m / Total Stockholder Equity 504.8m)
RoCE = 7.55% (EBIT 71.7m / Capital Employed (Equity 504.8m + L.T.Debt 444.8m))
RoIC = 5.44% (NOPAT 55.0m / Invested Capital 1.01b)
WACC = 15.45% (E(598.4m)/V(1.04b) * Re(8.07%) + D(444.8m)/V(1.04b) * Rd(33.10%) * (1-Tc(0.23)))
Discount Rate = 8.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 18.40 | Cagr: 0.40%
[DCF] Terminal Value 51.41% ; FCFF base≈34.3m ; Y1≈30.1m ; Y5≈24.3m
[DCF] Fair Price = 9.68 (EV 182.5m - Net Debt -87.5m = Equity 270.0m / Shares 27.9m; r=15.45% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 10.06 | EPS CAGR: 1.86% | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.55 | Revenue CAGR: 14.30% | SUE: 0.79 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.45 | Chg30d=+0.00% | Revisions=+17% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.48 | Chg30d=+0.00% | Revisions=-29% | Analysts=4
EPS current Year (2026-12-31): EPS=1.85 | Chg30d=+0.00% | Revisions=-29% | GrowthEPS=+21.9% | GrowthRev=+21.3%
EPS next Year (2027-12-31): EPS=2.17 | Chg30d=-0.57% | Revisions=-25% | GrowthEPS=+16.9% | GrowthRev=+11.9%
[Analyst] Revisions Ratio: -27% (up=4, down=8)