
Bridgewater Bancshares (BWB) Stock Forecast & Price Target
Bridgewater Bancshares (BWB) Analyst Ratings
Bulls say
Bridgewater Bancshares Inc reported a robust increase in core deposits, which expanded by 11.5% annualized in the latest quarter, coupled with a significant rise in non-interest-bearing balances of 17.6% annualized. The company experienced a 5.1% increase in spread income quarter over quarter, reaching $34.1 million, suggesting effective management of income streams. Additionally, net interest income climbed to $32.8 million, reflecting an 8% increase from the previous quarter and contributing to an improved net interest margin of 2.62%, indicating strong financial health and operational efficiency.
Bears say
Bridgewater Bancshares Inc. faces significant risks that contribute to a negative outlook on its stock, chiefly stemming from a reliance on the commercial real estate sector, which constitutes over one-third of its loan book, making it vulnerable to market downturns. The company's noninterest income has declined to $2.1 million, falling short of the estimated $2.5 million, indicating that revenue from swap fees, securities sales, and other sources is underperforming, which could further strain financial conditions. Additionally, various macroeconomic factors, including slower loan and deposit growth, credit quality deterioration, and elevated operating expenses, pose further challenges to achieving its financial and strategic goals, reflecting an uncertain operational landscape moving forward.
This aggregate rating is based on analysts' research of Bridgewater Bancshares and is not a guaranteed prediction by Public.com or investment advice.
Bridgewater Bancshares (BWB) Analyst Forecast & Price Prediction
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