Bridgewater Bancshares (BWB) Expected to Announce Earnings on Wednesday

Bridgewater Bancshares (NASDAQ:BWB) will likely be posting its quarterly 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

Bridgewater Bancshares (NASDAQ:BWB) last released its earnings results on Wednesday, January 29th. The company reported $0.27 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 Trading Up 2.6 %

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BWB. DA Davidson restated a “buy” rating and set a $18.00 price objective on shares of Bridgewater Bancshares in a report on Thursday, January 30th. Piper Sandler decreased their price target on Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st.

About Bridgewater Bancshares

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.