Bridgewater Bancshares, Inc.

BWB · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$251,445$226,948$169,340$134,185
% Growth10.8%34%26.2%
Cost of Goods Sold$147,230$117,006$41,697$24,520
Gross Profit$104,215$109,942$127,643$109,665
% Margin41.4%48.4%75.4%81.7%
R&D Expenses$0$0$0$0
G&A Expenses$42,523$40,228$38,306$32,194
SG&A Expenses$44,008$41,357$40,338$33,681
Sales & Mktg Exp.$1,485$1,129$2,032$1,487
Other Operating Expenses$17,471$16,063$15,595$14,411
Operating Expenses$61,479$57,420$55,933$48,092
Operating Income$42,736$52,522$71,710$61,573
% Margin17%23.1%42.3%45.9%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$42,736$52,522$71,710$61,573
Tax Expense$9,911$12,562$18,318$15,886
Net Income$32,825$39,960$53,392$45,687
% Margin13.1%17.6%31.5%34%
EPS1.051.291.781.59
% Growth-18.6%-27.5%11.9%
EPS Diluted1.031.271.721.54
Weighted Avg Shares Out27,48027,83427,75828,027
Weighted Avg Shares Out Dil27,94328,31628,66828,968
Supplemental Information
Interest Income$245,898$222,355$163,695$128,879
Interest Expense$143,705$117,181$33,997$19,370
Depreciation & Amortization$3,005$3,143$3,253$2,560
EBITDA$45,741$55,665$74,963$64,133
% Margin18.2%24.5%44.3%47.8%