Loading...
•
Dec 31, 2022
Bridgewater Bank Q4 2022 Earnings Report
Net income of $13.7 million was announced, and diluted earnings per common share were $0.45.
Key Takeaways
Bridgewater Bancshares, Inc. reported a net income of $13.7 million for Q4 2022, with diluted earnings per common share at $0.45. The results reflect a 5.4% decrease from the previous quarter but a 9.8% increase compared to Q4 2021.
Diluted earnings per common share were $0.45, slightly down from the previous quarter.
Pre-provision net revenue (PPNR) was $19.5 million, with a PPNR ROA of 1.82%.
Annualized return on average assets (ROA) was 1.28%, and annualized return on average shareholders’ equity (ROE) was 14.06%.
Gross loans increased by $189.4 million, and deposits increased by $111.5 million from the third quarter of 2022.
Revenue by Segment
Forward Guidance
While Bridgewater expects the operating environment to remain challenging as we head into 2023, we are taking steps to actively manage our balance sheet in the near-term, with a focus on profitable growth, to drive sustained success over the long-term.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...