Bridgewater Bancshares, Inc. (BWB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 36.65M | 35.69M | 34.09M | 32.45M | 30.21M | 26.97M | 25.6M | 25M | 24.63M | 25.31M | 25.42M | 25.87M | 28.57M | 32.89M | 34.09M | 32.53M | 30.18M | 29.15M | 28.67M | 26.29M |
| NII Growth % | 21.32% | 32.34% | 33.17% | 29.83% | 22.64% | 6.53% | 0.7% | -3.39% | -13.78% | -23.04% | -25.44% | -20.47% | -5.34% | 12.83% | 18.91% | 23.74% | 18.84% | 17.36% | 32.26% | 23.18% |
| Net Interest Margin % | 0.69% | 0.66% | 0.64% | 0.61% | 0.59% | 0.53% | 0.55% | 0.53% | 0.52% | 0.55% | 0.56% | 0.56% | 0.62% | 0.76% | 0.83% | 0.84% | 0.84% | 0.84% | 0.85% | 0.83% |
| Interest Income | 69.97M | 73.31M | 73.63M | 69.2M | 65.71M | 63.32M | 63.03M | 60.88M | 58.67M | 58.55M | 56.81M | 55M | 51.99M | 48.86M | 42.36M | 37.78M | 34.69M | 33.77M | 33.52M | 31.15M |
| Interest Expense | 33.32M | 37.62M | 39.54M | 36.75M | 35.5M | 36.36M | 37.43M | 35.88M | 34.04M | 33.24M | 31.39M | 29.13M | 23.43M | 15.97M | 8.26M | 5.25M | 4.51M | 4.62M | 4.84M | 4.86M |
| Loan Loss Provision | 1.2M | 0 | 1.1M | 2M | 1.5M | 2.17M | 0 | 600K | 750K | -250K | -600K | 50K | 625K | 1.5M | 1.5M | 3.02M | 1.68M | 1.15M | 1.3M | 1.6M |
| Non-Interest Income | 9.4M | 3.15M | 1.75M | 3.25M | 1.63M | 2.11M | 1.14M | 1.24M | 1.06M | -491K | 1.18M | 1.01M | 1.56M | 1.74M | 1.39M | 1.65M | 1.56M | 1.29M | 1.41M | 1.6M |
| Non-Interest Income % | 11.84% | 4.12% | 2.32% | 4.49% | 2.42% | 3.22% | 1.78% | 1.99% | 1.78% | -0.85% | 2.04% | 1.8% | 2.92% | 3.43% | 3.17% | 4.18% | 4.3% | 3.67% | 4.04% | 4.89% |
| Total Revenue | 79.36M | 76.46M | 75.39M | 72.45M | 67.34M | 65.43M | 64.17M | 62.11M | 59.73M | 58.06M | 57.99M | 56.01M | 53.55M | 50.6M | 43.75M | 39.43M | 36.25M | 35.06M | 34.93M | 32.75M |
| Revenue Growth % | 17.86% | 16.85% | 17.48% | 16.65% | 12.73% | 12.69% | 10.65% | 10.89% | 11.54% | 14.75% | 32.57% | 42.05% | 47.73% | 44.31% | 25.25% | 20.4% | 15.27% | 10.66% | 17.8% | 8.65% |
| Non-Interest Expense | 22M | 20.24M | 19.65M | 18.57M | 17.68M | 16.39M | 15.38M | 15.01M | 14.7M | 13.5M | 14.69M | 13.87M | 13.69M | 15.2M | 14.16M | 13.75M | 13.51M | 12.46M | 13.24M | 11.48M |
| Efficiency Ratio | 27.72% | 26.47% | 26.06% | 25.63% | 26.26% | 25.04% | 23.97% | 24.17% | 24.61% | 23.25% | 25.34% | 24.76% | 25.56% | 30.05% | 32.36% | 34.88% | 37.26% | 35.53% | 37.9% | 35.04% |
| Operating Income | 22.84M | 18.6M | 15.1M | 15.14M | 12.65M | 10.51M | 11.36M | 10.62M | 10.24M | 11.57M | 12.51M | 12.96M | 15.82M | 17.93M | 19.82M | 17.4M | 16.55M | 16.83M | 15.55M | 14.81M |
| Operating Margin % | 28.78% | 24.32% | 20.03% | 20.89% | 18.79% | 16.07% | 17.71% | 17.1% | 17.15% | 19.93% | 21.57% | 23.14% | 29.53% | 35.43% | 45.32% | 44.13% | 45.66% | 48.01% | 44.51% | 45.23% |
| Operating Income Growth % | 80.55% | 76.9% | 32.88% | 42.54% | 23.52% | -9.17% | -9.18% | -18.07% | -35.24% | -35.44% | -36.9% | -25.51% | -4.46% | 6.51% | 27.52% | 17.48% | 15.12% | 152.39% | 65.15% | 54.18% |
| Pretax Income | 22.84M | 17.15M | 15.1M | 15.14M | 12.65M | 10.51M | 11.36M | 10.62M | 10.24M | 11.57M | 12.51M | 12.96M | 15.82M | 17.93M | 19.82M | 17.4M | 16.55M | 16.83M | 15.55M | 14.81M |
| Pretax Margin % | 28.78% | 22.43% | 20.03% | 20.89% | 18.79% | 16.07% | 17.71% | 17.1% | 17.15% | 19.93% | 21.57% | 23.14% | 29.53% | 35.43% | 45.32% | 44.13% | 45.66% | 48.01% | 44.51% | 45.23% |
| Income Tax | 5.43M | 3.81M | 3.5M | 3.62M | 3.02M | 2.31M | 2.69M | 2.5M | 2.41M | 2.7M | 2.88M | 3.15M | 4.17M | 4.19M | 5.31M | 4.52M | 4.29M | 4.32M | 4.04M | 3.82M |
| Effective Tax Rate % | 23.79% | 22.24% | 23.15% | 23.9% | 23.86% | 21.96% | 23.64% | 23.59% | 23.54% | 23.34% | 23.03% | 24.28% | 26.39% | 23.39% | 26.79% | 25.98% | 25.93% | 25.65% | 25.97% | 25.79% |
| Net Income | 17.41M | 13.33M | 11.6M | 11.52M | 9.63M | 8.2M | 8.68M | 8.12M | 7.83M | 8.87M | 9.63M | 9.82M | 11.64M | 13.73M | 14.51M | 12.88M | 12.26M | 12.51M | 11.51M | 10.99M |
| Net Margin % | 21.93% | 17.44% | 15.39% | 15.9% | 14.31% | 12.54% | 13.52% | 13.06% | 13.11% | 15.28% | 16.6% | 17.52% | 21.74% | 27.15% | 33.18% | 32.67% | 33.83% | 35.69% | 32.95% | 33.57% |
| Net Income Growth % | 80.69% | 62.53% | 33.73% | 41.96% | 23.01% | -7.54% | -9.91% | -17.33% | -32.73% | -35.4% | -33.65% | -23.8% | -5.06% | 9.76% | 26.1% | 17.18% | 14.91% | 151.34% | 60.43% | 44.68% |
| Net Income (Continuing) | 17.41M | 13.33M | 11.6M | 11.52M | 9.63M | 8.2M | 8.68M | 8.12M | 7.83M | 8.87M | 9.63M | 9.82M | 11.64M | 13.73M | 14.51M | 12.88M | 12.26M | 12.51M | 11.51M | 10.99M |
| EPS (Diluted) | 0.58 | 0.43 | 0.38 | 0.38 | 0.31 | 0.26 | 0.27 | 0.26 | 0.24 | 0.28 | 0.30 | 0.31 | 0.37 | 0.45 | 0.47 | 0.41 | 0.39 | 0.39 | 0.40 | 0.38 |
| EPS Growth % | 87.1% | 65.38% | 40.74% | 46.15% | 29.17% | -7.14% | -10% | -16.13% | -35.14% | -37.78% | -36.17% | -24.39% | -5.13% | 15.38% | 17.5% | 7.89% | 5.41% | 129.41% | 60% | 46.15% |
| EPS (Basic) | 0.59 | 0.45 | 0.39 | 0.38 | 0.31 | 0.26 | 0.28 | 0.26 | 0.25 | 0.28 | 0.31 | 0.32 | 0.38 | 0.46 | 0.49 | 0.43 | 0.40 | 0.41 | 0.41 | 0.39 |
| Diluted Shares Outstanding | 28.49M | 28.65M | 28.04M | 28.04M | 28.04M | 28.06M | 27.91M | 27.75M | 28.09M | 28.24M | 28.31M | 28.2M | 28.49M | 28.53M | 28.59M | 28.8M | 29.16M | 29.04M | 29.11M | 29.13M |