Although the recent 90-day pause in the U.S.-China trade conflict is cheering the market, it does not provide complete relief. The market will remain highly volatile without a comprehensive trade agreement and greater clarity on broader economic policy.In this context, creating a curated portfolio of low-beta stocks is a prudent strategy. This provides a safeguard against the uncertain market, equipping investors to navigate volatility with greater resilience and foresight.Hence, stocks like Bridgewater Ban ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ________ Commission File Number 001-38412 BRIDGEWATER BANCSHARES, INC. (Exact name of registrant as specified in its charter ...

Bridgewater (BWB) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Justin Horstman - Vice President of Investor Relations Jerry Baack - Chairman and Chief Executive Officer Joe Chybowski - President and Chief Financial Officer Nick Place - Chief Banking Officer Jeff Shellberg - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson Nathan Race - Piper Sandler Brendan Nosal - Hovde Group Operator Good morning, and welcome to the Bri ...

Bridgewater Bancshares (BWB) Q1 2025 Earnings Call April 24, 2025 09:00 AM ET Company Participants Justin Horstman - Vice President, Investor RelationsJerry Baack - CEO & ChairmanJoe Chybowski - CFO & PresidentNick Place - CBOJeff Shellberg - Director, EVP & CCOBrendan Nosal - Director - Equity Research Conference Call Participants Jeff Rulis - MD & Senior Research AnalystNathan Race - Managing Director & Senior Research Analyst Operator Good morning, and welcome to the Bridgewater Ventures twenty twenty fi ...

Bridgewater (BWB) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.34%. A quarter ago, it was expected that this company would post earnings of $0.22 per share when it actually produced earnings of $0.27, delivering a surprise of 22.73%.Over the last four quarters, the company has s ...

Financial Performance - Net income for Q1 2025 was $9.6 million, or $0.31 per diluted common share, compared to $8.2 million in Q4 2024 and $7.8 million in Q1 2024[3] - Net Income for Q1 2025 reached $9,633,000, up 17.5% compared to $8,204,000 in Q4 2024[34] - Earnings per share (EPS) for the quarter was $0.31, compared to $0.26 in the previous quarter, reflecting a 19.2% increase[39] - Net income available to common shareholders was $9,050,000 for Q1 2025, up from $7,571,000 in Q4 2024, representing a growth of 19.5%[47] Revenue and Income Sources - Pre-provision net revenue increased by $1.5 million, or 11.5%, from Q4 2024, with net interest income rising by $3.2 million, or 12.0%[2] - Interest income for Q1 2025 was $65.7 million, an increase of $2.4 million from Q4 2024, attributed to higher loan interest and fee income[9] - Noninterest income decreased to $2.1 million in Q1 2025, down from $2.5 million in Q4 2024, but up from $1.6 million in Q1 2024[16] - Net operating revenue reached $32,286,000 in Q1 2025, representing a 9.1% increase compared to $29,500,000 in Q4 2024[45] Asset and Loan Growth - Gross loans increased by $151.6 million, or 15.9% annualized, from Q4 2024, while total deposits rose by $75.7 million, or 7.5% annualized[2] - Total gross loans at March 31, 2025, were $4.02 billion, an increase of $151.6 million, or 15.9% annualized, from $3.87 billion at December 31, 2024[19] - Total assets reached $5,071,446, an increase from $4,788,036 in the previous quarter, marking a growth of 5.9%[40] Efficiency and Cost Management - Efficiency ratio improved to 55.5%, down from 56.8% in Q4 2024, indicating better operational efficiency[2] - The efficiency ratio for the first quarter of 2025 was 55.5%, compared to 56.8% for the fourth quarter of 2024 and 58.2% for the first quarter of 2024[18] - Noninterest expense increased to $18.1 million in Q1 2025, up by $1.3 million from Q4 2024, indicating rising operational costs[17] Asset Quality and Credit Losses - Nonperforming assets to total assets ratio was 0.20% at March 31, 2025, compared to 0.01% at December 31, 2024, reflecting a slight increase in asset quality concerns[2] - The allowance for credit losses on loans to total loans was 1.34% at March 31, 2025, compared to 1.35% at December 31, 2024[18] - Nonperforming loans increased to $10,290, compared to $301 in the previous quarter, showing a significant rise[43] Capital and Equity - Total shareholders' equity at March 31, 2025, was $469.0 million, an increase of $11.0 million, or 2.4%, from $457.9 million at December 31, 2024[24] - Tangible book value per share increased by 12.2% annualized to $13.89 at March 31, 2025[2] - The Common Equity Tier 1 Risk-Based Capital Ratio was 9.03% at March 31, 2025, compared to 9.08% at December 31, 2024[30] Interest Margin and Yield - Net interest margin for Q1 2025 was 2.51%, a 19 basis point increase from Q4 2024, driven by lower deposit costs and higher loan yields[8] - Core net interest margin improved to 2.37% in Q1 2025, compared to 2.24% in Q4 2024[45] - Core loan yield for Q1 2025 was 5.50%, slightly up from 5.47% in Q4 2024[45]

Financial Performance - Net Income for 2024 was $32,825,000, down 17.9% from $39,960,000 in 2023[318] - Basic Earnings Per Share decreased to $1.05 in 2024 from $1.29 in 2023, a decline of 18.6%[318] - Adjusted net income for 2024 was $33.4 million, down from $40.0 million in 2023, a decrease of 16.5%[328] - Net income for the year ended December 31, 2024, was $32.8 million, a decrease of 18% from $40.0 million in 2023[328] - Net income available to common shareholders for 2024 was $28,771,000, a decrease of 20% from $35,906,000 in 2023[487] - Comprehensive income for 2024 was $37,707,000, slightly up from $39,656,000 in 2023[489] Assets and Liabilities - Total Assets increased by 9.8% to $5,066,242,000 in 2024 from $4,611,990,000 in 2023[319] - Total Loans, Gross rose by 3.9% to $3,868,514,000 in 2024 compared to $3,724,282,000 in 2023[319] - Total Deposits increased by 10.2% to $4,086,767,000 in 2024 from $3,709,948,000 in 2023[319] - The acquisition of FMCB added approximately $245,000,000 in assets and $225,700,000 in deposits[323] - Total assets reached $4.68 billion in 2024, compared to $4.49 billion in 2023, marking an increase of 4%[333] - Total gross loans rose by $144.2 million, or 3.9%, to $3.87 billion at December 31, 2024, from $3.72 billion at December 31, 2023[390] Interest Income and Expenses - Net Interest Income for 2024 was $102,193,000, a decrease of 2.3% from $105,174,000 in 2023[318] - Total interest income for the year ended December 31, 2024, was $245,898,000, an increase of 10.6% from $222,355,000 in 2023[487] - Interest income on loans for 2024 was $205.6 million, a $13.0 million, or 6.7%, increase from $192.7 million in 2023[345] - Interest expense on interest bearing liabilities was $143.7 million for 2024, an increase of $26.5 million, or 22.6%, from $117.2 million in 2023[347] - Interest expense on deposits rose to $128.8 million in 2024, a $32.8 million, or 34.1%, increase from $96.0 million in 2023[349] Efficiency and Ratios - Return on Average Assets (ROA) for 2024 was 0.70%, down from 0.89% in 2023[318] - The Efficiency Ratio increased to 57.9% in 2024 from 53.0% in 2023[318] - Return on average shareholder's equity (ROE) fell to 7.45% in 2024 from 9.73% in 2023, a decline of 23%[329] - Core Net Interest Margin decreased to 2.19% in 2024 from 2.34% in 2023[442] - Adjusted return on average assets for 2024 is 0.71%, down from 0.89% in 2023, indicating a decrease of 20.2%[444] Credit Quality - Nonperforming Loans decreased to $301,000 in 2024 from $919,000 in 2023[319] - The allowance for credit losses on loans increased by $2.5 million as of December 31, 2023, reflecting the impact of adopting CECL and a provision for credit losses of $2.1 million[365] - Total net charge-offs increased to $1.23 million in 2024 from $202,000 in 2023, reflecting a significant rise in credit losses[404] - Loans classified as "watch/special mention" totaled $46.6 million at December 31, 2024, compared to $26.5 million in 2023, indicating an increase of 75.8%[397] - The total nonperforming assets, including nonaccrual loans, were $301,000 at December 31, 2024, down from $919,000 in 2023[399] Employee and Operational Metrics - The company had 290 full-time equivalent employees at December 31, 2024, an increase from 255 employees at the end of 2023, largely due to the acquisition of FMCB[374] - Noninterest expense totaled $63.3 million for the year ended December 31, 2024, a $4.0 million, or 6.7%, increase from $59.3 million in 2023, mainly due to higher salaries and merger-related expenses[373] - The efficiency ratio was 57.9% for the year ended December 31, 2024, compared to 53.0% in 2023, indicating increased operational costs relative to income[376] Capital and Shareholder Information - Total shareholders' equity increased by $32.4 million, or 7.6%, to $457.9 million in 2024, driven by retained net income and changes in the securities portfolio[418] - Tangible book value per share increased by 5.1% to $13.49 in 2024 from $12.84 in 2023[419] - The company repurchased 446,509 shares of common stock in 2024, representing 1.6% of outstanding shares, at a total cost of $5.2 million[420] - The Company maintained a primary liquidity ratio of 16.3% as of December 31, 2024, compared to 14.3% in the previous year[436] Acquisition Impact - The company completed the acquisition of First Minnetonka City Bank on December 13, 2024, adding approximately $225.7 million in deposits and $117.1 million in loans[499] - Goodwill increased significantly to $11,982 thousand in 2024 from $2,626 thousand in 2023, reflecting the acquisition of First Minnetonka City Bank[485] - The fair value of assets acquired in the recent acquisition was $282.229 million, with liabilities assumed valued at $258.489 million[499]