
Bridgewater Bancshares (BWB) Stock Forecast & Price Target
Bridgewater Bancshares (BWB) Analyst Ratings
Bulls say
Bridgewater Bancshares Inc reported a significant increase in certificates of deposit (CDs) by 11% quarter-over-quarter (LQA), driven by a robust rise in non-interest-bearing deposits (NIB) and interest-bearing deposits (IB DDA), indicating strong share gains and favorable seasonality. The company's special mention loans increased by $7.2 million sequentially, while substandard loans saw a notable decline of 9%, suggesting improved loan quality and effective risk management. Additionally, both tangible book value (TBV) and tangible common equity (TCE) grew by 4% quarter-over-quarter, reflecting higher profitability with a return on assets (ROA) of 0.9%, which supports a positive financial outlook for the institution.
Bears say
Bridgewater Bancshares Inc faces significant risks related to its substantial exposure to commercial real estate, which comprises over one-third of its loan book, making it vulnerable to economic downturns in Minnesota. A weakening general economy could adversely affect the company’s financial condition, operational performance, and capacity to achieve strategic goals, especially in the context of slow loan growth, declining core deposit growth, and rising operating expenses. Additionally, macroeconomic factors, including yield curve dynamics, may further exacerbate challenges, despite currently low non-performing assets (NPAs) and net charge-offs (NCOs).
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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