Bridgewater Bancshares (BWB) to Release Quarterly Earnings on Wednesday

Bridgewater Bancshares (NASDAQ:BWB) is projected to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect Bridgewater Bancshares to post earnings of $0.29 per share and revenue of $29.88 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Bridgewater Bancshares (NASDAQ:BWB) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. Bridgewater Bancshares had a net margin of 12.96% and a return on equity of 8.85%. On average, analysts expect Bridgewater Bancshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Bridgewater Bancshares Stock Performance

Bridgewater Bancshares stock opened at $12.91 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $356.26 million, a P/E ratio of 12.53 and a beta of 0.54. Bridgewater Bancshares has a fifty-two week low of $10.52 and a fifty-two week high of $16.00. The firm’s 50 day simple moving average is $13.87 and its 200-day simple moving average is $14.18.

Wall Street Analyst Weigh In

BWB has been the subject of several recent research reports. DA Davidson reissued a “buy” rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a research note on Thursday, January 30th. Piper Sandler cut their price objective on shares of Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Friday, January 31st.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.