Bridgewater Bancshares Inc (NASDAQ:BWB)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $259.1M
- Net income
- $59.8M
- Net margin
- 23.1%
Heavily indebted for what it earns.
- Total debt
- $505.0M
- Cash
- $262.6M
- Net debt / EBITDA
- 5.95x
Owes more within a year than it holds to pay it.
- Current assets
- $878.1M
- Current liabilities
- $4.48B
- Current ratio
- 0.20
The business funds itself from operations.
- Operating cash flow
- $42.3M
- Free cash flow
- $38.2M
- FCF margin
- 14.7%
Not funding itself by issuing shares.
- Shares outstanding
- 27.9M
- Share growth (1y)
- 1.3%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
BWB Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 79.22 M | 24.09 M | 79.36 M | 76.46 M | 75.39 M | 72.45 M |
| Revenue Growth (YoY) | 5.08 % | -66.75 % | 17.86 % | 16.85 % | 17.48 % | 16.65 % |
| Cost of Revenue | 38.74 M | 34.52 M | 34.52 M | 37.62 M | 40.64 M | 38.75 M |
| Gross Profit | 40.48 M | -10.43 M | 44.84 M | 38.84 M | 34.74 M | 33.71 M |
| SG&A Expense | 17.80 M | 12.41 M | 15.05 M | 13.15 M | 13.66 M | 12.55 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 21.34 M | 12.41 M | 22.00 M | 20.24 M | 19.65 M | 18.57 M |
| Operating Income | 19.14 M | -22.84 M | 22.84 M | 18.60 M | 15.10 M | 15.14 M |
| Pretax Income | 19.14 M | 18.45 M | 22.84 M | 17.15 M | 15.10 M | 15.14 M |
| Tax Provision | 4.11 M | 4.44 M | 5.43 M | 3.81 M | 3.50 M | 3.62 M |
| Net Income | 15.03 M | 14.01 M | 17.41 M | 13.33 M | 11.60 M | 11.52 M |
| EPS (Basic) | 0.50 | 0.47 | 0.59 | 0.45 | 0.39 | 0.38 |
| EPS (Diluted) | 0.49 | 0.45 | 0.58 | 0.43 | 0.38 | 0.38 |
| Shares Outstanding | 27.92 M | 27.80 M | 27.80 M | 27.38 M | 27.57 M | 27.57 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.