Net Interest Income and Margin Trends Net Interest Margin Drivers $2,711 $2,857 $2,909 $2,961 $2,984 $755 $755 $753 $701 $692 $546 $408 $415 $434 $461 $4,012 $4,020 $4,077 $4,096 $4,137 2.91% 3.10% 3.23% 3.34% 3.49% 2Q23 3Q23 4Q23 1Q24 2Q24 1 Represents a Non-GAAP financial measure. See Appendix for Non-GAAP reconciliation Dollars in thousands $15,237 $15,740 $15,189 $15,539 9% 10% 26% 27% Dollars in millions $106 $102 $60 $45 $166 $147 $58 $44 $102 Dollars in millions Tangible Book Value Per Share1 Growth ...

Bridgewater (BWB) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this company would post earnings of $0.25 per share when it actually produced earnings of $0.24, delivering a surprise of -4%. The sustainability of the stock's immediate price ...

Total on- and off-balance sheet liquidity was $2.22 billion as of June 30, 2024, compared to $2.25 billion at March 31, 2024 and $1.96 billion at June 30, 2023. Asset Quality Capital Tangible book value per share, a non-GAAP financial measure, was $13.53 as of June 30, 2024, an increase of 2.4% from $13.20 as of March 31, 2024, and an increase of 11.4% from $12.15 as of June 30, 2023. ● The Company has increased tangible book value per share each of the past 30 quarters. Page 6 of 17 This earnings release c ...

Introduction Bridgewater Bancshares Financial Performance lillisphotography Bridgewater Bancshares, Inc. (NASDAQ:BWB) is a Minnesota-based regional bank that has been dealing with the industry pressures of higher interest rates and lower deposits over the past couple of years. Back in February, I examined why the bank's preferred share was a great income investment. After examining the most recent financial statements, I believe Bridgewater Bancshares preferred shares are still a good buy for income investo ...

FORM 10-Q (952) 893-6868 (Registrant's telephone number, including area code) share . Securities registered pursuant to Section 12(b) of the Act: Title of eachclass: Trading Symbol Name of eachexchange onwhichregistered: Common Stock, $0.01 Par Value BWB The Nasdaq Stock Market LLC Depositary Shares, each representing a BWBBP The Nasdaq Stock Market LLC th interest in a share of 5.875% 1/100 Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per PART I FINANCIAL INFORMATION 3 PART II OTHER ...

Jeff Shellberg Yes, Jeff, what I would say is on similar to 2023, we were getting in front of our relationships regarding where pricing standpoint. So we've identified everything that's maturing in 2024, either maturing or repricing in 2024. We've reached out to those customers and we're developing plans in terms of what they're planning on doing with the property, whether the property the loan needs to be right sized based on performance, if they're going to refinance with agency or potentially sell the pr ...

Bridgewater (BWB) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4%. A quarter ago, it was expected that this company would post earnings of $0.26 per share when it actually produced earnings of $0.28, delivering a surprise of 7.69%.Over the last four quarters, the company has surpa ...

Exhibit 99.1 Media Contact: Jessica Stejskal | SVP Marketing Jessica.Stejskal@bwbmn.com | 952.893.6860 April 24, 2024 First Quarter 2024 Highlights ● Repurchased 193,802 shares of common stock at a weighted average price of $11.75 per share, for a total of $2.3 million. ● Loan-to-deposit ratio of 99.4%, compared to 100.4% at December 31, 2023. ● Efficiency ratio(1) of 58.2%, compared to 58.8% for the fourth quarter of 2023. Page 1 of 16 "During the first quarter, we also saw net interest margin compression ...

1) Leverage its unconventional corporate culture to leave a positive, lasting impact on its team members, clients and communities; 2) Create a diverse, equitable and inclusive work environment and community; The Company's ESG priorities are to: 10 Table of Contents 3) Ensure strong corporate governance oversight including an effective risk management framework to support a growing organization; and 4) Contribute to a healthier natural environment in the communities in which employees live and work. In an ef ...

Yes, Nate, this is Joe. I mean we're always looking at it. I think we always try to balance the priorities. We certainly outlined those in how we think about it. Organic growth obviously being our top priority. And so as we said in fourth quarter and with the moderation in the loan growth and I think the other piece to it to was -- we had a goal to get CET1 back above 9%, which we achieved in the third quarter. And so I think we look at it constantly across the realm of things that we can do. And felt like ...