Bridgewater: Q4 Financial Results Overview

Bridgewater Bancshares Reports Fourth-Quarter Earnings

Bridgewater Bancshares, Inc., headquartered in St. Louis Park, Minnesota, announced a net income of $13.3 million for the fourth quarter.

The bank reported earnings of 43 cents per share, or 44 cents per share after accounting for special items.

During this quarter, Bridgewater generated $76.5 million in total revenue. After subtracting interest expenses, net revenue reached $38.8 million, surpassing analysts’ expectations.

Since the start of the year, Bridgewater’s stock price has risen by just over 5%. By the close of trading on Tuesday, shares were valued at $18.46, reflecting a 32% increase over the past year.

This article was produced by Automated Insights using information from Zacks Investment Research.