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Income Statement
Balance Sheet
Cash Flow Statement

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Op Efficiency
Credit Analysis

Bridgewater Bancshares Inc (BWB)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  146.3118.8105.594.978.060.046.6
        Interest income on investments  16.49.68.77.86.76.03.6
       163.7128.9114.8103.885.266.350.6
    Interest expense:  
        Interest on deposits  23.413.819.824.016.09.77.0
        Interest on borrowings  1.40.93.83.92.31.51.5
       34.019.426.929.620.512.217.0
Net interest income  129.7109.588.074.164.754.242.1
Provision for loan losses  7.75.212.82.73.64.23.3
Net interest income after provision for loan losses  122.0104.475.271.461.250.038.9
        Other non-interest income  6.35.35.83.85.42.52.6
Total non-interest income  6.35.35.83.85.42.52.6
Non-interest expenses  56.648.145.436.931.625.520.2
Pre-tax income  71.761.635.738.332.127.021.3
Income taxes  18.315.98.56.95.210.18.1
            Tax rate  25.5%25.8%23.8%18.1%16.3%37.5%37.9%
Net income  49.344.527.231.426.916.913.2
            Net margin  38.4%40.6%33.6%41.7%40.4%32.1%31.9%
   
Basic EPS  $1.78$1.59$0.95$1.07$0.93$0.69$0.59
Diluted EPS  $1.72$1.54$0.93$1.05$0.91$0.68$0.58
   
Shares outstanding (basic)  27.828.028.629.429.024.622.3
Shares outstanding (diluted)  28.729.029.230.029.425.022.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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