BWB
Bridgewater Bancshares IncFigures below are compared against other companies classified under State Commercial Banks.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | Not reported | 5.9% | — |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | Not reported | 6.1% | — |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | Not reported | 5.5% | — |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | 44.7% | 15.3% | 20 / 145 |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | -4.7% | 0.0% | 93 / 139 |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | 9.9% | 8.0% | 58 / 133 |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | -48.1% | 11.0% | 117 / 127 |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | -35.9% | -4.1% | 118 / 125 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | Not reported | — | — |
Operating margin Operating income as a share of revenue. | Not reported | — | — |
Net margin Net income as a share of revenue. | Not reported | 123.1% | — |
Free cash flow margin Free cash flow as a share of revenue. | Not reported | 146.5% | — |
Return on equity Net income divided by shareholder equity. | 8.9% | 9.6% | 97 / 158 |
Return on assets Net income divided by total assets. | 0.9% | 1.0% | 107 / 158 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | Not reported | — | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Insider activity
Trades reported by officers, directors and 10% shareholders on SEC Form 4. None of the last 37 reported transactions were open-market purchases — grants, option exercises and sales make up the majority of insider filings at most companies.
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Sep 30, 2026 | Crocker Mary Jayne Director | Grant or award | 484 | $0.00 | $0.00 |
| Sep 30, 2026 | Trutna Thomas P. Director | Grant or award | 484 | $0.00 | $0.00 |
| Sep 30, 2026 | Juran David B. Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 30, 2026 | Urness Todd B. Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 30, 2026 | Volk David J. Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 30, 2026 | Johnson James S. Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 30, 2026 | Parish Douglas J. Director | Grant or award | 484 | $0.00 | $0.00 |
| Sep 30, 2026 | Brezonik Lisa Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 30, 2026 | Lawal Mohammed Director | Grant or award | 969 | $0.00 | $0.00 |
| Sep 15, 2026 | Stejskal Jessica Anne Chief Experience Officer | Open-market sale | 400 | $21.25 | $8.5K |
| Sep 9, 2026 | Parish Douglas J. Director | Open-market sale | 4,000 | $21.38 | $85.5K |
| Sep 2, 2026 | Juran David B. Director | Open-market sale | 623 | $21.50 | $13.4K |
| Aug 31, 2026 | Shellberg Jeffrey D. Director | Withheld for tax | 17,206 | $21.07 | $362.5K |
| Aug 31, 2026 | Shellberg Jeffrey D. Director | Option exercise | 16,100 | $17.50 | $281.8K |
| Aug 31, 2026 | Shellberg Jeffrey D. Director | Option exercise | 6,250 | $12.92 | $80.8K |
| Aug 31, 2026 | Shellberg Jeffrey D. Director | Option exercise(derivative) | 16,100 | $0.00 | $0.00 |
| Aug 31, 2026 | Shellberg Jeffrey D. Director | Option exercise(derivative) | 6,250 | $0.00 | $0.00 |
| Aug 28, 2026 | Juran David B. Director | Open-market sale | 518 | $21.50 | $11.1K |
| Aug 25, 2026 | Juran David B. Director | Open-market sale | 940 | $21.54 | $20.2K |
| Aug 24, 2026 | Juran David B. Director | Open-market sale | 25,000 | $21.74 | $543.4K |
| Aug 21, 2026 | Juran David B. Director | Open-market sale | 15,000 | $21.59 | $323.9K |
| Aug 17, 2026 | Baack Jerry J. CEO | Open-market sale | 10,000 | $22.48 | $224.8K |
| Aug 14, 2026 | Baack Jerry J. CEO | Open-market sale | 15,000 | $22.21 | $333.2K |
| Aug 13, 2026 | Baack Jerry J. CEO | Open-market sale | 10,000 | $22.03 | $220.3K |
| Aug 6, 2026 | Shellberg Jeffrey D. Director | Open-market sale | 40,000 | $21.26 | $850.3K |
A dash under price or value means none was reported, which is normal for grants and gifts — it does not mean the shares were free. Option exercises and awards are compensation arriving on a schedule, not a judgement about the stock.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $46.09M | $32.83M | $39.96M | $53.39M | $45.69M | $27.19M | $31.40M | $26.92M | $16.89M | $13.21M |
| EPS (diluted) | $1.49 | $1.03 | $1.27 | $1.72 | $1.54 | $0.93 | $1.05 | $0.91 | $0.68 | $0.58 |
| Operating cash flow | $27.81M | $46.38M | $30.02M | $85.00M | $54.24M | $23.02M | $39.53M | $29.41M | $24.90M | $14.93M |
| Capital expenditure | $5.85M | $4.08M | $2.97M | $1.63M | $777.0K | $24.69M | $15.57M | $3.72M | $1.24M | $2.19M |
| Free cash flow | $21.96M | $42.30M | $27.05M | $83.37M | $53.46M | -$1.67M | $23.95M | $25.69M | $23.67M | $12.74M |
| Total assets | $5.41B | $5.07B | $4.61B | $4.35B | $3.48B | $2.93B | $2.27B | $1.97B | $1.62B | — |
| Shareholder equity | $517.10M | $457.94M | $425.51M | $394.06M | $379.27M | $265.40M | $244.79M | $221.00M | $137.16M | $115.37M |
| Total debt | — | $13.75M | $13.75M | $13.75M | — | $11.00M | $13.00M | $15.00M | $17.00M | — |
| Cash | $123.51M | $229.76M | $128.56M | $87.04M | $143.47M | $160.68M | $31.93M | $28.44M | $23.73M | $16.50M |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Source
Figures come from Bridgewater Bancshares Inc’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 10-K filed Feb 26, 2026. View filings on EDGAR.