Bridgewater Bancshares Inc (BWBBP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	259.1M	291.6M	251.4M	226.9M	169.3M
Cost of Revenue	145.4M	154.0M	147.2M	117.0M	41.7M
Gross Profit	113.7M	137.6M	104.2M	109.9M	127.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	58.4M	51.5M	44.0M	41.4M	40.3M
General & Admin Expense	56.0M	49.4M	42.5M	40.2M	38.3M
Selling & Marketing Expense	2.5M	2.1M	1.5M	1.1M	2.0M
Other Expenses	17.6M	24.6M	17.5M	16.1M	15.6M
Total Operating Expenses	76.0M	76.1M	61.5M	57.4M	55.9M
Cost and Expenses	221.4M	230.1M	208.7M	174.4M	97.6M
Operating Income (EBIT)	37.7M	61.5M	42.7M	52.5M	71.7M
Non-Operating
Interest Income	150.0M	281.8M	245.9M	222.4M	163.7M
Interest Expense	141.0M	149.4M	143.7M	117.2M	34.0M
Net Interest Income	8.9M	132.4M	102.2M	105.2M	129.7M
Other Non-Op Income/Expense	39.8M	(1.4M)	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	77.6M	60.0M	42.7M	52.5M	71.7M
Income Tax Expense	17.8M	13.9M	9.9M	12.6M	18.3M
Bottom Line
Net Income	59.8M	46.1M	32.8M	40.0M	53.4M
Earnings from Cont. Ops	59.8M	46.1M	32.8M	40.0M	53.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	55.7M	42.0M	28.8M	35.9M	49.3M
Per Share
Basic EPS	$2.01	$1.53	$1.05	$1.29	$1.78
Diluted EPS	$1.95	$1.50	$1.03	$1.27	$1.72
Revenue Per Share	$9.28	$10.65	$9.15	$8.15	$6.10
Shares
Basic Shares Outstanding	27.9M	27.4M	27.5M	27.8M	27.8M
Diluted Shares Outstanding	28.8M	28.7M	27.9M	28.3M	28.7M
Profitability Metrics
EBITDA	40.7M	65.4M	45.7M	55.7M	75.0M
D&A	3.0M	3.9M	3.0M	3.1M	3.3M
EBIT	37.7M	61.5M	42.7M	52.5M	71.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026