Bridgewater Bancshares Past Earnings Performance
Past criteria checks 2/6
Bridgewater Bancshares has been growing earnings at an average annual rate of 8.9%, while the Banks industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 13.8% per year. Bridgewater Bancshares's return on equity is 8.3%, and it has net margins of 29.8%.
Key information
8.9%
Earnings growth rate
10.4%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 13.8% |
| Return on equity | 8.3% |
| Net Margin | 29.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Bridgewater Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 108 | 32 | 50 | 0 |
| 31 Dec 23 | 112 | 36 | 50 | 0 |
| 30 Sep 23 | 118 | 41 | 43 | 0 |
| 30 Jun 23 | 124 | 46 | 43 | 0 |
| 31 Mar 23 | 128 | 49 | 43 | 0 |
| 31 Dec 22 | 128 | 49 | 50 | 0 |
| 30 Sep 22 | 124 | 48 | 41 | 0 |
| 30 Jun 22 | 119 | 46 | 40 | 0 |
| 31 Mar 22 | 114 | 45 | 38 | 0 |
| 31 Dec 21 | 109 | 45 | 42 | 0 |
| 30 Sep 21 | 102 | 38 | 34 | 0 |
| 30 Jun 21 | 92 | 34 | 32 | 0 |
| 31 Mar 21 | 86 | 30 | 30 | 0 |
| 31 Dec 20 | 80 | 27 | 30 | 0 |
| 30 Sep 20 | 78 | 31 | 30 | 0 |
| 30 Jun 20 | 77 | 31 | 29 | 0 |
| 31 Mar 20 | 75 | 32 | 28 | 0 |
| 31 Dec 19 | 72 | 31 | 27 | 0 |
| 30 Sep 19 | 67 | 31 | 25 | 0 |
| 30 Jun 19 | 65 | 29 | 24 | 0 |
| 31 Mar 19 | 63 | 28 | 23 | 0 |
| 31 Dec 18 | 60 | 27 | 22 | 0 |
| 30 Sep 18 | 59 | 22 | 21 | 0 |
| 30 Jun 18 | 56 | 21 | 20 | 0 |
| 31 Mar 18 | 53 | 19 | 18 | 0 |
| 31 Dec 17 | 51 | 17 | 17 | 0 |
| 30 Sep 17 | 49 | 17 | 16 | 0 |
| 31 Dec 16 | 41 | 13 | 15 | 0 |
Quality Earnings: 1WA has high quality earnings.
Growing Profit Margin: 1WA's current net profit margins (29.8%) are lower than last year (38.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1WA's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: 1WA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1WA had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the Banks industry average (27%).
Return on Equity
High ROE: 1WA's Return on Equity (8.3%) is considered low.