BWB Bridgewater Bancshares Inc

Overview and Growth

In fiscal 2025, Bridgewater Bancshares Inc reported net income of $46.09M. The company reported diluted EPS of $1.49, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $1.03 in fiscal 2024, the current result was 44.7% higher. Diluted shares averaged 28.17M; this is the reported share base over which the company’s diluted per-share earnings were spread. Compared with 27.94M diluted shares in fiscal 2024, the current 28.17M base was 0.8% higher. Total assets stood at $5.41B, defining the scale of the bank’s financial balance sheet and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

Net income was $46.09M, providing the bank’s bottom-line earnings result for the fiscal year. The earnings statement records $60.03M of pretax income, the profit base against which the reported tax provision can be assessed. The company recognized $13.94M of income tax for the period, completing the transition from pretax income to net income. The effective relationship between income tax and positive pretax income was 23.2%, without assuming a statutory-rate comparison. Return on period-end equity was 8.9%, relating annual net income to the equity capital on the balance sheet. Net income represented 0.9% of period-end assets, placing the company’s bottom-line result against the total resource base employed. Current net income of $46.09M was above fiscal 2024 net income of $32.83M, showing the direction of the bottom-line change. Bank earnings depend on a large financial-asset base, making bottom-line profitability and returns on book capital central to the analysis. Considering returns on both assets and equity distinguishes the profitability of the bank’s financial balance sheet from the result earned on shareholder capital and shows how the two perspectives differ.

Liquidity and Capital Structure

Total assets were $5.41B, supported by $4.89B of liabilities and $517.10M of shareholder equity. Reported cash and equivalents were $123.51M, separating immediately recognizable cash resources from the rest of the current-asset base. The equity-to-assets relationship was 9.6%, placing book capital against the total resource base. Liabilities represented 90.4% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 2.3%, comparing reported cash and equivalents with the full positive asset balance. Compared with $5.07B in fiscal 2024, the current asset base moved 6.7% and finished higher. Book equity was 12.9% higher than fiscal 2024 equity of $457.94M, showing how shareholder capital changed year over year. Compared with $229.76M in fiscal 2024, the current cash balance moved 46.2% and finished lower. The mix of equity and liabilities is central to a bank’s resilience because book capital provides the balance sheet’s principal loss-absorbing layer. Reading changes in assets and equity together shows how the bank’s operating scale and book-capital base developed over the year.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.