Bridgewater Bancshares' Q4 adjusted EPS beats estimates on higher noninterest income

Overview

• Minnesota-based bank's Q4 adjusted EPS beat analyst expectations

• Net interest income rose 4.7% from Q3 2025

• Company completed closure of a branch acquired from FMCB

Outlook

• Bridgewater Bancshares focuses on profitable growth and market share expansion in 2026

• Company aims to expand affordable housing vertical, a key growth driver in 2025

• Bridgewater Bancshares expects continued growth and net interest margin expansion

Result Drivers

• NET INTEREST INCOME - Growth in loan portfolio and lower deposit rates drove a 4.7% increase in net interest income from Q3 2025

• NONINTEREST INCOME - Higher swap and letter of credit fees contributed to a 52.7% increase in noninterest income from Q3 2025

• LOAN AND DEPOSIT GROWTH - Gross loans increased by $95.0 mln and core deposits by $72.6 mln annualized from Q3 2025

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Bridgewater Bancshares Inc is $20.50, about 11.7% above its January 26 closing price of $18.36

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwcgbHHfa

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