Bridgewater Bancshares (BWB) to Release Earnings on Wednesday

Bridgewater Bancshares (NASDAQ:BWB) is projected to issue its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.29 per share and revenue of $29.88 million for the quarter. Parties interested in listening to the company’s 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 analysts’ consensus estimates 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 Price Performance

Shares of NASDAQ BWB opened at $13.22 on Monday. Bridgewater Bancshares has a 52 week low of $10.52 and a 52 week high of $16.00. The business’s 50 day moving average price is $13.75 and its 200 day moving average price is $14.17. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. The firm has a market cap of $364.82 million, a P/E ratio of 12.84 and a beta of 0.54.

Wall Street Analysts Forecast Growth

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

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.