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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Bridgewater Bancshares, Inc. (BWB) Quarterly Financial Ratios

Last 35 quarters of trend data · Financial Services · Banks - Regional

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Bridgewater Bancshares, Inc.'s quarterly P/E stands at 10.2x, down 21.5% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 8.5% YoY to 11.8x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →12.3410.1911.5810.4711.2012.9913.1211.1612.1312.077.907.947.32
—-21.5%-11.7%-6.2%-7.6%+7.6%+66.1%+40.5%+65.5%+22.5%-9.8%-19.3%-31.5%
P/S Ratio1.771.641.641.541.451.451.541.301.371.641.161.241.44
—+13.4%+6.2%+18.7%+5.7%-11.9%+33.1%+4.6%-5.1%-34.3%-57.0%-57.9%-57.0%
P/B Ratio1.030.970.990.940.830.830.870.730.750.900.650.680.77
—+17.3%+13.4%+27.7%+10.1%-7.7%+35.5%+8.0%-1.8%-30.1%-47.7%-45.3%-40.1%
P/FCF23.4528.3215.8739.4114.053.04—7.7411.39—4.325.619.91
—+831.3%—+409.4%+23.4%——+37.9%+14.9%—-67.5%+88.6%+152.7%
EV / EBITDA13.9111.7813.5311.9611.7612.8813.5112.7013.5213.509.9811.8012.40
—-8.5%+0.2%-5.8%-13.0%-4.6%+35.4%+7.6%+9.0%+15.5%+6.4%+36.5%+49.6%
EV / EBIT14.6311.9214.4312.4113.0814.2214.2213.3814.4914.3810.6012.5213.04
—-16.1%+1.4%-7.2%-9.7%-1.1%+34.2%+6.8%+11.1%+15.3%+9.1%+39.4%+51.2%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Bridgewater Bancshares, Inc.'s operating margin was 24.3% in Q4 2025, up 4.3 pp QoQ and up 8.3 pp YoY. The trailing four-quarter average of 21.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 23.6% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin47.2%50.8%46.1%46.5%45.1%41.1%41.7%41.3%41.8%43.2%46.9%47.9%55.1%
—+23.6%+10.6%+12.7%+7.9%-4.8%-11.2%-13.9%-24.2%-34.1%-39.6%-39.4%-33.6%
Operating Margin21.1%24.3%20.0%20.9%18.8%16.1%17.7%17.1%17.1%19.9%21.6%23.1%29.5%
—+51.4%+13.1%+22.2%+9.6%-19.4%-17.9%-26.1%-41.9%-43.7%-52.4%-47.6%-35.3%
Net Margin15.8%17.4%15.4%15.9%14.3%12.5%13.5%13.1%13.1%15.3%16.6%17.5%21.7%
—+39.1%+13.8%+21.7%+9.1%-18.0%-18.6%-25.4%-39.7%-43.7%-50.0%-46.4%-35.7%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE9.5%2.6%2.4%2.4%2.1%1.8%1.9%1.9%1.8%2.1%2.3%2.4%2.9%
—+45.8%+22.4%+31.1%+14.0%-14.5%-16.6%-23.2%-37.7%-40.4%-39.1%-29.1%-9.5%
ROA0.9%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.3%
—+47.3%+17.7%+28.0%+12.5%-13.1%-12.0%-19.1%-35.5%-40.3%-42.0%-38.0%-24.8%
ROIC4.8%1.4%1.1%1.2%1.0%0.9%1.0%1.0%0.9%1.1%1.1%0.9%1.2%
—+56.9%+13.1%+23.8%+14.0%-17.4%-6.6%+2.8%-23.0%-35.9%-51.0%-59.1%-49.8%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Bridgewater Bancshares, Inc.'s Debt/EBITDA ratio is 27.0x, down from 31.9x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 196.7% YoY to 0.49x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.980.981.031.110.940.990.980.870.950.970.931.341.81
—-0.6%+5.3%+27.8%-0.1%+2.0%+5.1%-35.6%-47.7%-19.8%-5.4%+114.4%+334.6%
Debt / EBITDA7.8526.9931.8933.5431.4739.0237.0333.9837.3433.4629.1739.9743.67
—-30.8%-13.9%-1.3%-15.7%+16.6%+26.9%-15.0%-14.5%+34.3%+59.2%+207.7%+376.7%
Current Ratio0.490.490.120.150.060.170.230.200.210.200.190.190.20
—+196.7%-46.9%-25.2%-70.1%-17.4%+23.5%+2.0%+2.3%+15.0%+5.4%+12.2%+14.9%
Quick Ratio0.490.490.120.150.060.170.230.200.210.200.190.190.20
—+196.7%-46.9%-25.2%-70.1%-17.4%+23.5%+2.0%+2.3%+15.0%+5.4%+12.2%+14.9%
Interest Coverage0.410.490.380.410.360.290.300.300.300.350.400.450.68
—————————————

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Includes 30+ ratios · 35 years · Updated daily

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BWB — Frequently Asked Questions

Quick answers to the most common questions about buying BWB stock.

What is Bridgewater Bancshares, Inc.'s quarterly P/E ratio trend?

Bridgewater Bancshares, Inc.'s current P/E is 12.3x. The average P/E over the last 4 quarters is 10.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Bridgewater Bancshares, Inc.'s margins change by quarter?

Bridgewater Bancshares, Inc.'s current operating margin is 21.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at BWB quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Bridgewater Bancshares, Inc.'s business trajectory between earnings reports.

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