Bridgewater Bancshares Q3 adjusted EPS meets estimates

Overview

• Bridgewater Q3 adjusted EPS meets analyst expectations, per LSEG data

• Net income for Q3 2025 increased year-over-year to $11.6 mln

• Company completed systems conversion of First Minnetonka City Bank acquisition

Outlook

• Company anticipates continued balance sheet growth and net interest margin expansion

• Company's balance sheet positioned to benefit from interest rate cuts

Result Drivers

• NET INTEREST INCOME - Growth in loan and securities portfolios drove a $1.6 mln increase in net interest income from Q2 2025

• CORE DEPOSIT GROWTH - Robust core deposit growth supported strong loan growth, with core deposits increasing by $92.1 mln from Q2 2025

• FMCB ACQUISITION - Successful systems conversion of First Minnetonka City Bank acquisition completed

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Bridgewater Bancshares Inc is $21.00, about 17.2% above its October 20 closing price of $17.39

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw93ZM1ta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)