
Bridgewater Bancshares (BWB) Stock Forecast & Price Target
Bridgewater Bancshares (BWB) Analyst Ratings
Bulls say
Bridgewater Bancshares Inc demonstrated notable financial strength with core deposits expanding by 11.5% annualized and non-interest-bearing (NIB) balances increasing by 17.6% annualized in the latest quarter. The net interest income (NII) rose to $32.8 million, reflecting an 8% quarter-over-quarter growth, while the net interest margin (NIM) also improved by 11 basis points to 2.62%. Additionally, the company reported significant year-over-year growth in affordable housing loans at 17%, indicating a strong commitment to key market segments and potential for continued financial performance.
Bears say
The analysis indicates a negative outlook for Bridgewater Bancshares Inc, primarily due to its underperformance in net interest margins relative to peers following the Federal Reserve's interest rate hikes. The company's significant exposure to commercial real estate, with over one-third of its loan portfolio tied to this sector, raises concerns about potential outsized losses in the event of a downturn affecting clients' financial standings or the broader economy, particularly in Minnesota. Furthermore, the decline in noninterest income and a marked tangible common equity ratio of 6.8%, which is significantly below the peer median of 9.1%, highlight vulnerabilities that may hinder financial stability and growth.
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
Start investing in Bridgewater Bancshares (BWB)
Order type
Buy in
Order amount
Est. shares
0 shares