Company Overview
Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank, providing a comprehensive suite of banking products and services throughout the United States. The firm functions within the Financial Services sector, specifically classified under the Banks - Regional industry, which typically involves serving local and regional communities with tailored financial solutions. The company employs 322 individuals to manage its operations, while its annual revenue for the trailing twelve months stands at $137.30 million. Although specific market capitalization data is not currently available, the combination of $137.30 million in revenue and a substantial cash position of $158.41 million suggests a balance sheet with significant liquidity reserves. The employee count of 322 indicates a mid-sized regional footprint that relies on a lean operational structure to maintain profitability, distinguishing it from larger national banks that often require extensive headcounts to manage similar asset volumes.
Financial Health
For the trailing twelve months, Bridgewater Bancshares, Inc. reported revenue of $137.30 million and net income of $42.03 million, while EBITDA figures are not available in the current reporting cycle. The substantial gap between total revenue and net income, where net income represents approximately 30.6% of revenue before considering the specific profit margin calculation, reveals a cost structure that is highly efficient for a financial institution, allowing a significant portion of top-line earnings to flow to the bottom line. However, free cash flow data is not reported, meaning the company's ability to generate cash after capital expenditures cannot be quantified using standard public metrics, which limits the immediate assessment of its financial flexibility regarding organic capital generation. The company reports a gross margin of 0.0%, which is standard for the banking industry where service fees and interest income are recognized differently than product sales, whereas the operating margin stands at 48.5% and the profit margin is 33.6%, both indicating a highly leveraged business model where overhead costs are strictly controlled relative to income. Bridgewater holds $158.41 million in cash against total debt of $519.48 million, resulting in a net liability position that reflects the typical capital structure of a bank, while the debt-to-equity ratio is not disclosed. The current ratio is also not available, preventing a direct calculation of short-term liquidity relative to short-term obligations, though the high cash balance provides a buffer for deposit withdrawals. Return on Equity is 9.5% and Return on Assets is 0.9%, metrics that demonstrate management's effectiveness in generating returns on shareholder capital while maintaining a conservative return on the total asset base typical for banking operations.
Valuation Assessment
The trailing twelve-month P/E ratio is 12.95, while the forward P/E ratio is not available, suggesting that forward earnings estimates or consensus expectations are not currently published by the data provider. The price-to-book ratio is 1.24, indicating that the market values the company at 24% above its tangible book value, a slight premium that reflects the intangible value of its brand and regional franchise within the banking sector. Alternative valuation metrics such as the price-to-sales ratio and EV/EBITDA are not available, which means investors must rely on the P/E and price-to-book multiples to gauge the company's relative valuation against peers. The stock has traded between a 52-week low of $18.10 and a 52-week high of $22.48, placing the current trading range within the upper quartile of its recent historical volatility, though the exact current price relative to the high is not explicitly defined beyond the range boundaries. With a beta of 0.62, the stock exhibits significantly lower price volatility than the broader market, implying that it moves less than two-thirds as much as the S&P 500 during periods of market fluctuation.
Growth & Income
Bridgewater Bancshares, Inc. demonstrated robust expansion with revenue growth of 36.8% year-over-year and earnings growth of 65.7% year-over-year, indicating that earnings are growing at a pace nearly double that of revenue. This disparity implies that the company is leveraging its balance sheet more efficiently or benefiting from economies of scale that are not yet fully reflected in the top-line revenue numbers. The company offers a dividend yield of 7.3%, while the payout ratio is not available, yet the high yield combined with strong earnings growth suggests a potentially sustainable dividend supported by rising profitability. The overall growth and income profile presents a unique combination of significant earnings acceleration and a high current yield, characteristic of a regional bank navigating a favorable regulatory or interest rate environment.