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Bridgewater Bancshares Inc - BWBBP STOCK NEWS

Welcome to our dedicated news page for Bridgewater Bancshares (Ticker: BWBBP), a resource for investors and traders seeking the latest updates and insights on Bridgewater Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bridgewater Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bridgewater Bancshares's position in the market.

Rhea-AI Summary
Bridgewater Bancshares, Inc. (BWB) reported a deposit growth of $34.4 million, an annualized 3.7% increase, outpacing gross loan growth. Net interest margin decreased to 2.27%. No provision for credit losses on loans was recorded in Q4 2023. Tangible book value per share increased to $12.84. 423,749 shares of common stock were repurchased at a weighted average price of $10.72. For the full year 2023, diluted earnings per common share were $1.27, with asset growth of 6.1% and deposit growth of $293.4 million. Net income for Q4 2023 was $8.9 million, down from $9.6 million in Q3 2023. Earnings per diluted common share were $0.28, compared to $0.30 in Q3 2023. The CEO expressed optimism for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
Bridgewater Bancshares reports Q3 2023 net income of $9.6 million, down from $9.8 million in Q2 2023. Deposits increased by $97.6 million, or 10.8% annualized. Loan growth declined slightly by $13.9 million. Net interest margin declined to 2.32% from 2.40% in Q2 2023. Efficiency ratio increased to 56.5% from 52.7% in Q2 2023.
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Rhea-AI Sentiment
End-of-Day
6.23%
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Rhea-AI Summary
Bridgewater Bancshares announces Q2 2023 financial results with net income of $9.8 million. Annualized return on average assets (ROA) of 0.88% and return on average shareholders' equity (ROE) of 9.69%. Gross loans increased $51.9 million and deposits increased by $166.8 million. Net interest margin decreased to 2.40%. Noninterest expense increased slightly. Tangible book value per share increased to $12.15.
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-7.02%
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4.48%
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-4.94%
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0.22%
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0.23%
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1.24%
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Rhea-AI Summary
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-2.62%
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dividends
Bridgewater Bancshares Inc

Nasdaq:BWBBP

BWBBP Rankings

BWBBP Stock Data

19.92M
Savings Institutions
Finance and Insurance
Link
US
St Louis Park

About BWBBP

bridgewater bank is committed to being the finest entrepreneurial bank in the twin cities. providing simple banking solutions and responsive service to consumer and commercial clients in an unconventional banking environment sets this dynamic young bank apart from its peers. a large shareholder base is primarily comprised of successful real estate and seasoned small business entrepreneurs. offering an owner's perspective, the managing founders deliver unparalleled industry knowledge and dedication to meeting the unique needs of each individual client.