earnings
confidence high
sentiment positive
materiality 0.72
Bridgewater Bancshares Q2 net income $12.9M, EPS $0.41; loan growth 31.9% annualized
Bridgewater Bancshares Inc
2022-Q2 EPS reported
$0.80
- Net income $12.9M (+17.2% YoY); diluted EPS $0.41 (+9.2% YoY).
- Net interest margin 3.58% (3.34% core); record pre-provision net revenue $20.4M.
- Gross loans +$237.9M (31.9% annualized); deposits +$166.3M (22.0% annualized).
- Preferred Series A dividend $0.3672/depositary share, payable Sep 1, 2022.
- NPAs/total assets 0.02%; net charge-offs 0.00% annualized.