Bridgewater Bancshares, Inc. (BWB) Revenue History
Annual and quarterly revenue from 2016 to present
BWB Revenue Over Time (2016–2025)
BWB Revenue Growth History
9 of 9 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +29.5%
- FY2018 revenue growth
- +27.4%
- FY2019 revenue growth
- +22.6%
- FY2020 revenue growth
- +12.1%
- FY2021 revenue growth
- +11.2%
- FY2022 revenue growth
- +26.2%
- FY2023 revenue growth
- +34.0%
- FY2024 revenue growth
- +10.8%
- FY2025 revenue growth
- +16.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $79.4M | — |
| Q4 2025 | $76.5M | — |
| Q3 2025 | $75.4M | — |
| Q2 2025 | $72.5M | — |
| Q1 2025 | $67.3M | — |
| Q4 2024 | $65.4M | — |
| Q3 2024 | $64.2M | — |
| Q2 2024 | $62.1M | — |
Multi-year avg. share of annual revenue by fiscal quarter
BWB Revenue Analysis (2016–2025)
Current Revenue & Growth
As of June 26, 2026, Bridgewater Bancshares, Inc. (BWB) generated trailing twelve-month (TTM) revenue of $303.7 million, reflecting strong growth of +17.9% year-over-year. The most recent quarter (Q1 2026) recorded $79.4 million in revenue, up 3.8% sequentially.
Historical Growth Trajectory
BWB's 5-year compound annual growth rate (CAGR) stands at +19.3%, indicating consistent double-digit revenue growth. The 3-year CAGR of +19.9% exceeds the 5-year average, indicating an acceleration in the most recent period. Bridgewater Bancshares, Inc.'s highest annual revenue of $291.6 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Financial Services sector peers — including TCBK, NBTB, and FBIZ. Compare BWB vs TCBK →
BWB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BWBCurrent | $304M | +17.9% | +19.3% | 21.1% | |
 TCBK | $533M | - | - | 31.7% | |
 NBTB | $867M | - | - | 25.3% | |
 FBIZ | $279M | - | - | 21.6% | |
 MGYR | $58M | - | - | 23.6% | |
 WAFD | $1.4B | - | - | 20.5% |
BWB Historical Revenue Data (2016–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $291.6M | - | $137.6M | 47.2% | $61.5M | 21.1% |
| 2024 | $251.4M | - | $104.2M | 41.4% | $42.7M | 17.0% |
| 2023 | $226.9M | - | $109.9M | 48.4% | $52.5M | 23.1% |
| 2022 | $169.3M | - | $127.6M | 75.4% | $71.7M | 42.3% |
| 2021 | $134.2M | - | $109.7M | 81.7% | $61.6M | 45.9% |
| 2020 | $120.7M | - | $81.1M | 67.2% | $35.7M | 29.6% |
| 2019 | $107.6M | - | $75.3M | 69.9% | $38.3M | 35.6% |
| 2018 | $87.8M | - | $63.7M | 72.6% | $32.1M | 36.6% |
| 2017 | $68.9M | - | $52.5M | 76.3% | $27.0M | 39.3% |
| 2016 | $53.2M | - | $41.4M | 77.9% | $21.3M | 40.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BWB — Frequently Asked Questions
Quick answers to the most common questions about buying BWB stock.
Is BWB's revenue growth accelerating or slowing?
BWB revenue growth is accelerating. TTM revenue reached $304M, up +17.9% year-over-year — ahead of the 5-year CAGR of +19.3%. This indicates the business is expanding faster than its historical baseline.
What is BWB's revenue history from 2016 to 2026?
Bridgewater Bancshares, Inc. (BWB) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $304M, growing at +17.9% YoY. The 5-year CAGR is +19.3%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BWB's long-term revenue growth rate (CAGR)?
Bridgewater Bancshares, Inc.'s 5-year revenue CAGR of +19.3% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +17.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BWB.
Why does BWB's quarterly revenue fluctuate?
BWB quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Bridgewater Bancshares, Inc.'s revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is BWB's revenue distributed by segment?
BWB reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BWB's revenue compare to industry peers?
Bridgewater Bancshares, Inc. (BWB) with TTM revenue of $304M and +17.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.