Bridgewater Bancshares Management
Management criteria checks 3/4
Bridgewater Bancshares' CEO is Jerry Baack, appointed in Jan 2005, has a tenure of 19.92 years. total yearly compensation is $1.27M, comprised of 51.3% salary and 48.7% bonuses, including company stock and options. directly owns 4.31% of the company’s shares, worth $16.34M. The average tenure of the management team and the board of directors is 0.9 years and 17.4 years respectively.
Key information
Jerry Baack
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 51.3% |
| CEO tenure | 19.9yrs |
| CEO ownership | 4.3% |
| Management average tenure | less than a year |
| Board average tenure | 17.4yrs |
Recent management updates
Recent updates
Bridgewater Bancshares, Inc. (NASDAQ:BWB) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Apr 26
Here's Why Bridgewater Bancshares (NASDAQ:BWB) Has Caught The Eye Of Investors
Jul 19Should You Be Adding Bridgewater Bancshares (NASDAQ:BWB) To Your Watchlist Today?
Mar 10Bridgewater Bancshares: Internal And External Factors To Boost The Loan Book
Sep 16Bridgewater Bancshares announces new $25M buyback program
Aug 18Bridgewater Bancshares Q2 GAAP EPS, revenue up Y/Y
Jul 28Bridgewater Bancshares: Loan Portfolio's Surge To Translate Into Earnings Growth
Jun 30Bridgewater Bancshares: Market Disruption Beneficiary
Mar 21Bridgewater Bank: Dynamic Management With Unique Growth Story
Jan 09Should You Be Adding Bridgewater Bancshares (NASDAQ:BWB) To Your Watchlist Today?
Sep 28We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Bridgewater Bancshares, Inc.'s (NASDAQ:BWB) CEO For Now
Apr 21How Many Bridgewater Bancshares, Inc. (NASDAQ:BWB) Shares Did Insiders Buy, In The Last Year?
Feb 19
What Is The Ownership Structure Like For Bridgewater Bancshares, Inc. (NASDAQ:BWB)?
Dec 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$29m |
| Jun 30 2024 | n/a | n/a | US$30m |
| Mar 31 2024 | n/a | n/a | US$32m |
| Dec 31 2023 | US$1m | US$650k | US$36m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$46m |
| Mar 31 2023 | n/a | n/a | US$49m |
| Dec 31 2022 | US$2m | US$650k | US$49m |
| Sep 30 2022 | n/a | n/a | US$48m |
| Jun 30 2022 | n/a | n/a | US$46m |
| Mar 31 2022 | n/a | n/a | US$45m |
| Dec 31 2021 | US$2m | US$575k | US$45m |
| Sep 30 2021 | n/a | n/a | US$38m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$30m |
| Dec 31 2020 | US$1m | US$575k | US$27m |
| Sep 30 2020 | n/a | n/a | US$31m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$32m |
| Dec 31 2019 | US$2m | US$575k | US$31m |
| Sep 30 2019 | n/a | n/a | US$31m |
| Jun 30 2019 | n/a | n/a | US$29m |
| Mar 31 2019 | n/a | n/a | US$28m |
| Dec 31 2018 | US$1m | US$526k | US$27m |
| Sep 30 2018 | n/a | n/a | US$22m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$19m |
| Dec 31 2017 | US$2m | US$500k | US$17m |
Compensation vs Market: Jerry's total compensation ($USD1.27M) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Jerry's compensation has been consistent with company performance over the past year.
CEO
Jerry Baack (57 yo)
19.9yrs
Tenure
US$1,266,346
Compensation
Mr. Gerald John Baack, also known as Jerry, Co-Founded Bridgewater Bancshares, Inc. and Bridgewater Bank (“Bank”) in 2005 and has been its Chairman of the Board, Chief Executive Officer and Visionary since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO Founder & Non Independent Executive Chairman | 19.9yrs | US$1.27m | 4.31% $ 16.3m | |
| President & CFO | 7.9yrs | US$721.69k | 0.36% $ 1.4m | |
| Co-Founder | 11.9yrs | US$675.92k | 2.89% $ 11.0m | |
| Chief Banking Officer | less than a year | US$649.74k | 0.46% $ 1.7m | |
| Executive VP & Chief Strategy Officer | less than a year | US$751.71k | 0.68% $ 2.6m | |
| Chief Operating Officer | less than a year | no data | 0.12% $ 438.8k | |
| Chief Accounting Officer | less than a year | no data | 0.069% $ 261.9k | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Senior VP & Senior Loan Officer | no data | no data | no data | |
| Managing Director of Banking | no data | no data | no data | |
| Senior Vice President of Commercial Real Estate | no data | no data | no data |
0.9yrs
Average Tenure
54yo
Average Age
Experienced Management: BWB's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO Founder & Non Independent Executive Chairman | 19.9yrs | US$1.27m | 4.31% $ 16.3m | |
| Co-Founder | 19.9yrs | US$675.92k | 2.89% $ 11.0m | |
| Independent Director | 7.3yrs | US$88.00k | no data | |
| Lead Independent Director | 14.9yrs | US$80.13k | 5.78% $ 21.9m | |
| Independent Director | 19.9yrs | US$80.13k | 4.26% $ 16.2m | |
| Independent Director | 5yrs | US$80.13k | 0.10% $ 396.4k | |
| Independent Director | 19.9yrs | US$80.13k | 0.88% $ 3.3m | |
| Independent Director | 19.9yrs | US$80.06k | 0.37% $ 1.4m | |
| Independent Director | 6.4yrs | US$100.06k | 0.063% $ 238.5k | |
| Independent Director | 4.2yrs | US$80.13k | 0.10% $ 387.0k |
17.4yrs
Average Tenure
57yo
Average Age
Experienced Board: BWB's board of directors are seasoned and experienced ( 17.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Bridgewater Bancshares, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Moss | B. Riley Securities, Inc. |
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |